Alender determines that a homebuyer can afford to borrow $220,000 on a mortgage loan. the lender requires an 85% loan-to-value ratio. how much can the borrower pay for a property and still qualify for this loan amount (to the nearest $1,000)?
a: $187,000
b: $243,000
c: $254,000
d: $259,000
Answers: 1
Business, 22.06.2019 04:00, tomboyswagge2887
The simple interest in a loan of $200 at 10 percent interest per year is
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An outside manufacturer has offered to produce 60,000 daks and ship them directly to andretti's customers. if andretti company accepts this offer, the facilities that it uses to produce daks would be idle; however, fixed manufacturing overhead costs would be reduced by 75%. because the outside manufacturer would pay for all shipping costs, the variable selling expenses would be only two-thirds of their present amount. what is andretti's avoidable cost per unit that it should compare to the price quoted by the outside manufacturer?
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Alender determines that a homebuyer can afford to borrow $220,000 on a mortgage loan. the lender req...
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