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Comparable sale sold for $190,671 with down payment of 10% Seller financed mortgage for a 29-year term pmt @ 5% interest compounded monthly with
Comparable sale sold for $190,671 with down payment of 10% Seller financed mortgage for a 29-year term pmt @ 5% interest compounded monthly with a 12 year balloon.. Homes in area are typically held for 29 years Market derived interest rate is 10%. What is the cash equivalency sale price of the comparable?
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Using Financial Accounting Information The Alternative to Debits and Credits
Authors: Gary A. Porter, Curtis L. Norton
9th edition
978-1285183244, 128518324X, 978-1285779263, 1285779266, 978-1285183237
