Question 26 (1 point) Raja wants to acquire the house. In current Canadian marker conditions and given his lifestyle, he wants to buy a condo. The price of the condo is 839,000 and the annual interest rates are 2.890, Raja is only able to make 30% down payment but he wants to calculate his options. What will be the Monthly payments taja makes 15% down payment and takes mortgage for 30 years. Formula: Monthly Payments - Principal Value x (m x [[ 1 + m)**cil / min)*n*t) 11 Wherem Joterest rate/12; t-time period in months Before opening an accounts which of the following factor is NOT true Frequency of compounding Effective Interest Rates Remaining balance on which interest steamed All of the above Question 19 (1 point) Srved Closing Costs are incurred when: Loan is Re-imbursed to bank House is refinanced Loan is taken from Bank Question 10 (1 point) Sured Capitalized Cost is the total cost for purchasing an asset True