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1)You are just about to buy a house for $400,000. You have $50,000 to pay for the down payment and closing costs. If the mortgage

1)You are just about to buy a house for $400,000. You have $50,000 to pay for the down payment and closing costs. If the mortgage rate for a 30-year fixed loan is 2.875%, what will you monthly payments be (including property tax and home owners insurance)? Assume Property tax is a 1.25% of the assessed value each year.

2) Use the internet to look up the method to calculate inventory turnover ratio and then calculate this for Tesla in 2018. Indicate the source of your information on this calculation and the data (include links).

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