Mathematics, 01.08.2019 23:00 treaustin656
Ahouse is sold with an assumable $156,000 below-market loan at 8.5% for a remaining term of 15 years. current rates are 9.75% for 15 year mortgages. if the house sold for $240,000, what is the cash-equivalent value of the house. a. $250,834.82 b. $229,165.18 c. $260,660.40 d. $219,339.60
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Ahouse is sold with an assumable $156,000 below-market loan at 8.5% for a remaining term of 15 years...
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