Business
Business, 21.01.2021 22:40, joc223

Ryan borrowed $400,000 to buy a house; the annual interest rate is 5% and has a 25 year mortgage, paying monthly. It has been 7 years since he took the loan, and wants to refinance it. In order to do so, he first needs to know how much he still owes on the home so that he can pay that off and take a new loan (refinance) at the lower prevailing rate. How much does Ryan still owe to the bank

answer
Answers: 3

Other questions on the subject: Business

image
Business, 22.06.2019 08:00, Shyshy876
3. describe the purpose of the sec. (1-4 sentences. 2.0 points)
Answers: 3
image
Business, 22.06.2019 15:30, thall5026
Calculate the required rate of return for climax inc., assuming that (1) investors expect a 4.0% rate of inflation in the future, (2) the real risk-free rate is 3.0%, (3) the market risk premium is 5.0%, (4) the firm has a beta of 2.30, and (5) its realized rate of return has averaged 15.0% over the last 5 years. do not round your intermediate calculations.
Answers: 3
image
Business, 22.06.2019 19:00, EllaSue
Lucy is catering an important luncheon and wants to make sure her bisque has the perfect consistency. for her bisque to turn out right, it should have the consistency of a. cold heavy cream. b. warm milk. c. foie gras. d. thick oatmeal.
Answers: 3
image
Business, 22.06.2019 20:40, kaylee0424
Financial performance is measured in many ways. requirements 1. explain the difference between lag and lead indicators. 2. the following is a list of financial measures. indicate whether each is a lag or lead indicator: a. income statement shows net income of $100,000 b. listing of next week's orders of $50,000 c. trend showing that average hits on the redesigned website are increasing at 5% per week d. price sheet from vendor reflecting that cost per pound of sugar for the next month is $2 e. contract signed last month with large retail store that guarantees a minimum shelf space for grandpa's overloaded chocolate cookies for the next year
Answers: 2
Do you know the correct answer?
Ryan borrowed $400,000 to buy a house; the annual interest rate is 5% and has a 25 year mortgage, pa...

Questions in other subjects: