Alson's Properties is a local Real Estate developer which sells high end subdivision lots. Iconic projects of there are Ladislawa, and Laz Terazas. Suppose you want to purchase a lot on their new projectcalled Northtown priced at 25,000 php per sq.m. located in Mandug, how much will be your total monthly amortization payments if you were to purchase a 200sq. m. lot at an interest rate of 5% compounded monthly if the payment period is good for 20 years at 0% down payment. How much more will it be if you consider an additional 12% VAT and 200,000 transfer fee for the purchase?
Alson's Properties is a local Real Estate developer which sells high end subdivision lots. Iconic projects of there are Ladislawa, and Laz Terazas. Suppose you want to purchase a lot on their new projectcalled Northtown priced at 25,000 php per sq.m. located in Mandug, how much will be your total monthly amortization payments if you were to purchase a 200sq. m. lot at an interest rate of 5% compounded monthly if the payment period is good for 20 years at 0% down payment. How much more will it be if you consider an additional 12% VAT and 200,000 transfer fee for the purchase?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:Alson's Properties is a local Real Estate developer which
sells high end subdivision lots. Iconic projects of there
are Ladislawa, and Laz Terazas. Suppose you want to
purchase a lot on their new projectcalled Northtown
priced at 25,000 php per sq.m. located in Mandug, how
much will be your total monthly amortization payments
if you were to purchase a 200sq. m. lot at an interest
rate of 5% compounded monthly if the payment period
is good for 20 years at 0% down payment. How much
more will it be if you consider an additional 12% VAT
and 200,000 transfer fee for the purchase?
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