A property is listed for $550,000. A potential purchaser makes an offer of $525,000, consisting of $50,000 cash and a $475,000 mortgage back to the vendor bearing interest at 7.5% compounded semiannually with monthly payments for a thirty-year term and a thirty-year amortization. Calculate the equivalent cash value of the offer if thirty-year mortgage rates in the market are at 8.25% compounded semiannually.

Question

25-06-2024
Business

Answered

Join IDNLearn.com today and start getting the answers you've been searching for. Our platform offers detailed and accurate responses from experts, helping you navigate any topic with confidence.

A property is listed for $550,000. A potential purchaser makes an offer of $525,000, consisting of $50,000 cash and a $475,000 mortgage back to the vendor bearing interest at 7.5% compounded semiannually with monthly payments for a thirty-year term and a thirty-year amortization. Calculate the equivalent cash value of the offer if thirty-year mortgage rates in the market are at 8.25% compounded semiannually.

Sagot :

Thank you for participating in our discussion. We value every contribution. Keep sharing knowledge and helping others find the answers they need. Let's create a dynamic and informative learning environment together. Thank you for trusting IDNLearn.com with your questions. Visit us again for clear, concise, and accurate answers.

- Simplify And Solve The Following Equations:A. [tex]$7.43 - (x + 2) + 21 = 47$[/tex]B. [tex]$2x + 37 = 79 - 14$[/tex]C. [tex]32 + 2 \cdot X$

Gaone Plans To Start A Poultry Enterprise To Supplement Her Family Income . She Does Some Research And Determine The Following Costs Of Inputs And Prices Of Out

Consider A Sample Of 50 Football Games, Where 30 Of Them Were Won By The Home Team. Use A 0.01 Significance Level To Test The Claim That The Proportion Of Games

When Margot Applies For A Loan, She Needs To Demonstrate To The Bank That She Has Capital. What Could She Show Them To Best Demonstrate Her Capital?A. Copies Of

Find The Quotient And Simplify.[tex]\[ \frac{3 X^2}{x^2-16} \div \frac{x^5}{(x-4)^2} \][/tex][tex]\[ \frac{3 X^2}{x^2-16} \div \frac{x^5}{(x-4)^2} = \square \][

A Nutrition Lab Tested 40 Hot Dogs To See If Their Mean Sodium Content Was Less Than The 325-mg Upper Limit Set By Regulations For "reduced Sodium" Franks. The

Select The Correct Answer.What Is The Sum Of The First Five Terms In This Series?[tex]\[3 + (-9) + 27 + (-81) + \cdots \][/tex]A. 183 B. 243 C. -9 D. 61

In Business Law, What Does The Term "sole Possession" Primarily Refer To?A) The Exclusive Ownership Of A Patent By A Corporation.B) The Control Of A Company's F

For The Function [tex]f(x) = \frac{3x - 18}{x + 6}[/tex], Complete The Following Parts:(a) Find [tex]f(x)[/tex] For [tex]x = -2[/tex] And [tex]x = P[/tex], If P

Here, AT Is A Secant And PT Is A Tangent. If AT = 9 Cm And BP = 4 Cm, Find The Length Of Chord BP.a. 5 Cm B. 4 Cm C. 6 Cm D. 13 Cm (यहाँ AT एक Secant और PT

Sagot :

Other Questions