Business, 20.07.2019 06:10, haleylecompte

Vivian wants to buy a house. the house she wants is listed for $300,000. if she make 20% down payment, she can get a fixed rate mortgage at 7.2% for 30 years. and vivian decides to find another house to buy. she negotiates a price of $250,000 for the new house. she also did some looking and found a bank who would only require a $30,000 down payment, but they would charge a higher interest rate of 8.5% for 30 years for the second house. if she likes both houses equally, should she take the first house with the first lender, or the second house with the second lender? (i. e. which deal is less expensive? )

Answers: 1

Show answers

Other questions on the subject: Business

Business, 21.06.2019 16:30, asmith219771

How is the architecture career pathway different from the construction pathway? a. architecture involves coordinating with contractors to make sure everyone stays on schedule. b. architecture involves using tools and equipment to build something new. c. architecture involves the design process, considering the function and safety of the project. d. architecture involves evaluating the work of contractors and employees.

Answers: 1

continue

Business, 21.06.2019 18:00, sam10146

Abc company currently pays a dividend of $2.15 per share, d0=2.15. it is estimated that the company’s dividend will grow at a rate of 30 percent per year for the next 3 years, then the dividend will grow at a constant rate of 7 percent thereafter. the market rate of return is 9 percent. what would you estimate is the stock’s current price?

Answers: 3

continue

Business, 22.06.2019 08:00, shatj960

Suppose the number of equipment sales and service contracts that a store sold during the last six (6) months for treadmills and exercise bikes was as follows: treadmill exercise bike total sold 185 123 service contracts 67 55 the store can only sell a service contract on a new piece of equipment. of the 185 treadmills sold, 67 included a service contract and 118 did not.

Answers: 1

continue

Business, 22.06.2019 19:50, lucky1940

The common stock and debt of northern sludge are valued at $65 million and $35 million, respectively. investors currently require a return of 15.9% on the common stock and a return of 7.8% on the debt. if northern sludge issues an additional $14 million of common stock and uses this money to retire debt, what happens to the expected return on the stock? assume that the change in capital structure does not affect the interest rate on northern’s debt and that there are no taxes.

Answers: 2

continue

Do you know the correct answer?

Vivian wants to buy a house. the house she wants is listed for $300,000. if she make 20% down paymen...