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From the following choices, using the following information, give the ABD and ATD. / 2 - Purchase in the amount of $ 250,000 - Down
From the following choices, using the following information, give the ABD and ATD. / 2
- Purchase in the amount of $ 250,000 - Down payment: $ 50,000 - School and municipal taxes: $ 3,900 / year - Heating: $ 1,500 / year - Salary: $ 75,000 - Debt: loan of $ 300 per month - Fixed rate 5 years amortized 25 years: 3.65% - Bank of Canada rate: 5.64%
- ABD = 27%, ATD = 32%
- ABD = 23%, ATD = 28%
- ABD = 25% ATD = 30%
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