Wednesday
October 22, 2014

Homework Help: Finance

Posted by Anonymous on Sunday, September 23, 2012 at 4:00pm.

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.
What is the APR and ERA?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Finance - You have just purchased a new warehouse. To finance the purchase, you ...
finance - You have just purchased a new warehouse. To finance the purchase, you’...
SMU - You have just purchased a new warehouse. To finance the purchase, you've ...
managerical finance - You want to purchase a new condominium which costs $329,...
finance - You take out a 30- yr mortgage loan, purchase price is $120,000 put $...
Finance - Say that you purchase a house for $270,000 by getting a mortgage for $...
Finance Math - Jane made a down payment of 1500 dollars toward the purchase of a...
finance mortgage payment - Purchase a home for $160,000. I intend to put down 20...
Finance - You are considering the purchase of an industrial warehouse. The ...
Math - If you finance $50,000 of the purchase of your new home at 4.40% ...

Search
Members