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years at 9. On January 1, 2014, you and Robin used a home equity loan 5.75%) to purchase a condominium in Hilton Head for $106,250.

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years at 9. On January 1, 2014, you and Robin used a home equity loan 5.75%) to purchase a condominium in Hilton Head for $106,250. You financed $85,.000 at 5.125% for 15 years. You rent the condo year-round for $1,300 per month. The HOA monthly fee is S300. Hazard insurance is included in the HOA fee. In 2018, maintenance expenses were $378. Property taxes for 2018 were $1,750. The depreciable basis on the condo is $85,000. You manage the rental yourself. mortgage; Is the condo a profitable investment? What is the current (January 1, 2019) value of the equity in the condo? What is the current (January 1, 2019) value of the equity in your home? What is the maximum, mortgage for which you can qualify, assuming: a. 80% loan b. 95% loan Given current salaries and current savings percentages and an expected annual growth rate of 3.00%, what will be the balances in your 401(k) accounts in 30 years? Assume Courtney has $25,000 and Robin has $17,000 in their respective accounts, already Assume an average annual return of 8.5 % years at 9. On January 1, 2014, you and Robin used a home equity loan 5.75%) to purchase a condominium in Hilton Head for $106,250. You financed $85,.000 at 5.125% for 15 years. You rent the condo year-round for $1,300 per month. The HOA monthly fee is S300. Hazard insurance is included in the HOA fee. In 2018, maintenance expenses were $378. Property taxes for 2018 were $1,750. The depreciable basis on the condo is $85,000. You manage the rental yourself. mortgage; Is the condo a profitable investment? What is the current (January 1, 2019) value of the equity in the condo? What is the current (January 1, 2019) value of the equity in your home? What is the maximum, mortgage for which you can qualify, assuming: a. 80% loan b. 95% loan Given current salaries and current savings percentages and an expected annual growth rate of 3.00%, what will be the balances in your 401(k) accounts in 30 years? Assume Courtney has $25,000 and Robin has $17,000 in their respective accounts, already Assume an average annual return of 8.5 %

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