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The monthly payment of a 30-year mortgage on $400,000 at 6% is closest to O A. $2,400 O B. $1,200 O C. $2,000 OD. $4,800

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The monthly payment of a 30-year mortgage on $400,000 at 6% is closest to O A. $2,400 O B. $1,200 O C. $2,000 OD. $4,800 QUESTION 4 Use the income statement and balance sheet worksheet to answer the following questions: Vanderaly's ability to service its debt is O A. Improving O B. Deteriorating O C. Remains the same O D. Cannot be determined from the information given. QUESTION 5 Use the income statement and balance sheet worksheet to answer the following questions: . which of the following statements is most accurate: O A. Net income is increasing because sales are rising O B. Net income is decreasing because sales are falling O C. Net income is increasing because variable expenses are decreasing O D. Cannot be determined from the information given

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