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Business, 02.03.2020 19:31 sade20

Smith buys a house for $600,000. She gets a mortgage for $450,000 and pays the rest with cash. What is Smith’s Loan to Value (LTV) ratio at the time of purchase? Write the answer as a percent so for example 2.5% should be written as 2.5, not as 0.025.

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Smith buys a house for $600,000. She gets a mortgage for $450,000 and pays the rest with cash. What...

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