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Given the following information, calculate the loan-to-value ratio for this property. Loan amount: $1,450,000 Interest rate: 9.5% Acquisition price: $1,550,000. PLEASE SHOW WORK
Given the following information, calculate the loan-to-value ratio for this property. Loan amount: $1,450,000 Interest rate: 9.5% Acquisition price: $1,550,000. PLEASE SHOW WORK
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