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cs West Boca Raton Community Hic x mighschools.foolproofonline.info/modules/renting/board20.php Maya Paniagua - CI. Jlaiiuaius TUUI DUA So... A Question For You: How much can you afford to spend each month for an apartment? You should not spend more than one-third of your gross income for your rent and housing Expenses.

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The question is how do I make the Excel Tables correctly before trying to plot the remaining units and get by solving those in the spreadsheet?

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6. Chos Financial Planning Exercise B eBook Chapter 5 Financial Planning Exercise Home affordability analysis Use Worksheet 5.3. Rachel and Alexander Harrison need to calculate the amount they can afford to spend on their first home. They have a combined annual income of $67,500 and have $37,000 able for a d payment and closing costs. The Harmsons estimate that homeowner's insurance and property taxes will be $225 per month. They expect the mortgage lender to use a 30 percent of monthly gros cone) mortgage Worksheet payment affordability ratie, to lend at an interest rate of 6 percent on a 30 year mortgage, and to require a 10 percent down payment. Based on this information, use the home affordability analysis form i 5.3 to determine the highest priced home the Harrisons can afford. Assume that closing costs are one-half of the down payment. Round the answer to the nearest dollar

Group Case Study: As a loan officer in a bank, you received an application for a real estate loan from a borrower to buy an apartment in Dubai. The apartment is an unfurnished one bedroom flat situated in Park Island building (Sanibel) in Dubai Marina. Details about the property (and a comparable one sold in the same building) are presented in the following table: Property to be valued (A) Comparable Property (B) in March 2022 Sale date Selling price/value (AED) Gross annual rent (AED) January 2022 1,550,000 Annual Maintenance fees 20 20 (AED/square feet) Vacancy rate (%) Area (square feet) Price (AED/square feet) Gross annual rent (AED/square feet) Proximity to A Parking available Floor level Exterior (Building) 10 10 922 937 Same building 1. 1. high Floor to Ceiling Glass Full Marina View high Floor to Ceiling Glass Full Marina View View a. Using the market value approach, find the value of the property (A) (Suppose that the price listed is the selling price). b. Using the income…

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Friend #3 – Home Mortgage Payment – I found my dream house in St. Paul but I am not sure I can afford it? I have the $15,000 for the down payment but it is the monthly payments that I am not sure about? What will my monthly payments be? Selling price: $215,000 Down payment: $15,000 Loan: 30-year $200,000 loan at 6% A. В.

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ok t nces Your friend Amber has approached you seeking advice concerning two investment opportunities that she is presently considering. Her classmate Simone has asked her for a loan of $500 to help establish a small business; her neighbor Riley would like to borrow $515 as a personal loan. One year from now, Amber's original investment will be returned in either case, along with $45 of income from Simone or $48 of income from Riley. Amber can make only one investment. Required: a. 1. Compute the ROI of Simone and Riley. 2. Which investment would you advise Amber to make? b. What other factors should you advise Amber to consider before making either investment? Complete this question by entering your answers in the tabs below. Req A1 Req A2 and B Compute the ROI of Simone and Riley. Note: Round your answers to 2 decimal places. Simone Riley ROI % % Show less A

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In the Excel Payment Function file that follows, you are looking to see what your basic mortgage payment will be if you buy a home for $250,000.  It will be  a 30-year mortgage. The interest your bank will charge will be 7.5%.  In cell C5, create a function that determines what your monthly payment will be.

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fari File D2L Understanding Loans and Simple Interest - 21516 MAT142 Topics In Coll... IMG_384 Edit View History Bookmarks Window Help IMG_38 esc 1 < 2 Tiana Klughart Nellie wants to buy a $509,000.00 house. She makes a $120,000.00 down payment and takes out a 15-year mortgage to pay for the rest. Her monthly mortgage payment is $4,050.00. a) What is the principal of her mortgage? Principal $ b) How much interest will she pay over the life of her loan? Total interest $ c) How much will she pay in total for her house? Total paid $ CHECK ANSWER d2l.pima.edu D2L 5.2 Understanding Loans and Simple Interest - 21516 MAT142 Topics... 7 3 Q $ 4 % 5 3D 6 & 7 e 8 9 Question 3 of 1 DEL Ch www. 1 www . 1 C S 0

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QUESTION 23 Ann wants to buy a building. The asking price is $7,500,000. Her lender has a maximum LTV requirement of 85%. What is the minimum down payment Ann needs to make in order to get this loan? OA. $687,500 OB. $1,125,000 OC. $6,375,000 OD. $750,300