5. In 15 years you are planning on retiring and buying a house in Oviedo, Florida. The house you are looking at currently costs $ 100,000 and is expected to increase in value at a rate of 7% a year. You can earn 4% annually on your investments , how much must you invest at the end of each month for the next 15yrs to be able to buy your dream home for cash when you retire?______________

6. If the cashflows increase on an investment; what happens to the value? It goes ____________________.

7. The risk that a loan will be repaid when interest rates fall below the loan contract rate is referred to as __________________________

8. If you got a $120,000 loan at 7.25% with monthly payments of $3,718.97.How long would it take you to make payments so your balance is reduced to $21,849.55?

9. What are 8 of the Most Costly Mistakes in Real Estate? 1.________________________________________ 5._______________________________________ 2._______________________________________ 6. ______________________________________ 3._______________________________________ 7. _____________________________________ 4._________________________________________ 8. ______________________________________