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B (New) A (Assumable) $400,000 Price $320,000 $80,000 $390,000 $320,000 $70,000 Loan Balance Down payment Interest Rate Term (Years) 3.25% 4.00% 15 15 Ruby wants
B (New) A (Assumable) $400,000 Price $320,000 $80,000 $390,000 $320,000 $70,000 Loan Balance Down payment Interest Rate Term (Years) 3.25% 4.00% 15 15 Ruby wants to purchase a house. She finds two nearly identical houses. House A offers below-market financing. House B does not. Based on the information above, calculate Ruby's return on investment if she purchases house A. 13.97% 09.93% 11.76% 4.98% O 7.85%
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