Answer:
B) $11,750
Explanation:
annual mortgage payment = net operating income - (outstanding loan balance x loan payment factor)
outstanding loan balance = property value x loan percentage
annual mortgage payment = $40,000 - [($360,000 x 80%) x 0.09809] = $40,000 - ($288,000 x 0.09809) = $40,000 - $28,250 = $11,750
Answer:
for the first loan the origonal loan of $180,000 goes up to $453,166
and the second one is $462,446
The answer is B. Blueprints for a house. Hope it help
Answer:
the number of codes for cover the coding is 3,200,000
Explanation:
The computation of the number of codes for cover the coding is as follows:
= (Number of coders × number of years × cost per year) ÷ (0.25)
= (4 coders × 2 years × 100,000 per year) ÷ (0.25)
= 3,200,000
Hence, the number of codes for cover the coding is 3,200,000
We simply applied the above formula
