Asked by MAX

You have just purchased a new warehouse. To finance the purchase, you've arranged for a 30-year mortgage loan for 80 percent of the $2,300,000 purchase price. The monthly payment on this loan will be $15,000. Therefore, the APR on this loan is

14 years ago

Answered by Writeacher

Please type your subject in the School Subject box. Any other words, including obscure abbreviations, are likely to delay responses from a teacher who knows that subject well.

14 years ago

Answered by magriby

You have just purchased a new warehouse. To finance the purchase, you've arranged for a 30-year mortgage loan for 80 percent of the $2,800,000 purchase price. The monthly payment on this loan will be $17,000. Therefore, the APR on this loan and the EAR

14 years ago

Answered by Anonymous

6.3

13 years ago

Asked by MAX

Answers

Related Questions