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Hello, please could you answer and expline how you get the answer of question number 16 and 19 The purchase price of your home was
Hello, please could you answer and expline how you get the answer of question number 16 and 19
The purchase price of your home was $120,000 five year ago, and homes in your market have been appreciating 4% per year. Given the compound rate of appreciation, what is the current value of your home? If the buyer's new mortgage is $115,000 at a 7% interest rate and the closing is on May 13, how much interest experience will be debited to the buyer's at closing? using the income statement above calculate the debit coverage ratio. XYZ Mortgage company has a portfolio of 100 mortgage of $100,000 each for a total value of $10,000,000. That portfolio has an average interest rate of 6.5%. Suddenly, market rate of interest go up to 8%. The average remaining term on the mortgage is 25 years. What is the portfolio's value? A city's potential for growth or its susceptibility to decline is determined by a set of economic activities that the city provides for the world beyond its boundaries. Economist refer to this set of activities as a city's: A linkages B. economic base C. local economic activities D. economies of scale In constructing a market - defining "story, " it is helpful to answer a series of fundamental questions around which analysis can be built. Which of the following questions is designed to identify the target market? A What is the real estate product under consideration? B. Who are the customers? C. What aspects of the product do the customers care about? D. Who are the competitorsStep by Step Solution
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