Friday
April 18, 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 ...
SMU - You have just purchased a new warehouse. To finance the purchase, you've ...
Finance - Finance $650,000 for a warehouse with a10.50% 30 year loan what is the...
math forgot questions - a new refrigerator costs $2495. It may be purchased for...
Math - Aaron had an unpaid balance of $1,177.79 on his credit card statement at ...
math - Elaine purchased a new copy machine and financed it for one year. The ...
math - Calculate the finance charge and new balance using the previous balance ...
Math - Mr. and Mrs Smith have decided to buy new furniture. They have 2 options...
Finance - I have two finance questions that I need help on - willing to pay. ...
Math - I need help calculating the finance charge and new balance using the ...

Search
Members