1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kenny6666 [7]
3 years ago
12

A lender is willing to provide a loan equal to 80% of a property worth $360,000. If such a loan carries an interest rate of 7.5%

for a term of 20 years, what is the projected before-tax cash flow? The NOI is $40,000 per year. The 7.5% 20-year annual loan payment factor is .09809. Multiply the OLB by this factor to obtain the annual mortgage payment.a. $11,000b. $11,750c. $15,615d. $28,024
Business
1 answer:
lukranit [14]3 years ago
5 0

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

You might be interested in
Prompt
Savatey [412]
Is this argumentative ? are you supposed to be talking her into donating ? you could say that there’s proof that they do donate the money and use self worth and helping others and the good feeling you get from that to get her to donate
7 0
2 years ago
An agreement to purchase goods and services with a specified percentage of proceeds from an original sale in that country from a
gizmo_the_mogwai [7]

Answer:

B)an offset.

Explanation:

4 0
3 years ago
John is a subunit manager at a large consumer packaged goods manufacturer. Every year, he and the managers of the other subunits
jeyben [28]

Answer:

Bottom-up.

Explanation:

Bottom-up budgeting is a budgeting method that starts at the department level to the top level. Each department within the organization is required to compile a list of the things it needs, the projects it plans to carry out in the next financial period, and the cost estimates.

3 0
3 years ago
How Central Bank control the activities of the Commercial Bank?
pishuonlain [190]

The Central Bank is the "banker" to banks, government, and financial institution, where the Commercial Bank is the "banker" to the citizens. The Central Bank is the monetary authority of the country. The Central Bank does not deal with the general public, but Commercial Bank does

7 0
3 years ago
The fiscal 2016 financial statements of nike inc. shows net operating profit margin (nopm) of 11.4%, net operating asset turnove
kolezko [41]
<span>E, there is not enough information without actually having the Return on Equity from which we can subtract the operating return. With only percentages, we cannot extract this answer.</span>
7 0
3 years ago
Other questions:
  • Jose does not have a retirement plan at work. He currently earns $30,000 in salary and is in the 15% marginal tax bracket. If he
    7·1 answer
  • When Jasmine interviewed for a position as a computer programmer, she was asked to take a test on a particular programming langu
    10·1 answer
  • The flexible or telecommuting schedule is most likely an option offered in:
    10·1 answer
  • Your debit card is stolen, and you report it to your bank within two business days. How much money can you lose at most?
    11·2 answers
  • Soar Incorporated is considering eliminating its mountain bike division, which reported an operating loss for the recent year of
    7·1 answer
  • A __________ visually shows that the total revenue curve and the total cost curve intersect at a point of zero profit.
    12·1 answer
  • Which of the following best explains the quote below in terms of political propaganda?
    15·2 answers
  • The average cost associated with each additional dollar of financing for investment projects is:_________
    14·1 answer
  • Debbie and Chris are a married couple in California. When they purchase their first home together, they want to make sure that i
    15·1 answer
  • ______________ can arise from the estimation process or the stability of the project team. assumptions internal risks cost overr
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!