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please answer parts A and B, thank you A property is available for sale that could normally be financed with a fully amortizing $80,600 loan

please answer parts A and B, thank you image text in transcribed
A property is available for sale that could normally be financed with a fully amortizing $80,600 loan at a 10 percent rate with monthly payments ovet a 25.year term. Payments would be $73241 per month. The builder is offering buyers a mortgage that reduces the payments by 50 percent for the fitst year and 25 percent for the second year. After the second year, regular monthly payments of $73241 would be made for the remainder of the loan term Required: a. How much would you expect the builder to have to give the bank to buy down the payments as indicated? b. Would you recommend the property be purchased if it was selling for $5,000 more than similar properties that do not have the buydown available? Complete this question by entering your answers in the tabs below. How much would you expect the builder to have to give the bank to buy down the payments as indicated? (Da not round intermediate calculations. Round your final answer to 2 decimal places.5

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