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You are negotiating on a home that will cost Po,000. The lender is wiling to end you 75% loan to value and the interest rate

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You are negotiating on a home that will cost Po,000. The lender is wiling to end you 75% loan to value and the interest rate is 4 20% over 30 years amortized montnly. f your montnty payment budget is $325 and you have sufficient RANCRAXmeat money, can you afford this home and related mortgoge? a. Yes D. No what wil be your monthly mortgage payment for question #11 ? a. $325 o. $194.61 c. $330.09 Your company has determined it can, and is willing to pay a monthly mortgage payment of $10,000 [per month) on a loan to buy its headquarters building. Assume that the lender is willing to lend 100 of the purchase price, so your company does need to put down any equity for the purchase. And, you have called the lender and they've told you they typically lend over 20 years at 4.25% per year interest. What is the maximum amount your company can affora to pay the seler for the buiding2 a- $1,614,897 b. 1,470,079 c. ,580,654 d. 182,327

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