3. We are choosing between two $500,000 mortgages. Mortgage “A” charges 4.35% interest and zero points....
3. We are choosing between two $500,000 mortgages. Mortgage “A” charges 4.35% interest and zero points. Mortgage “B” charges 3.65% and 3 points. Which mortgage should we take and why? (show calculations)
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3. We are choosing between two $500,000 mortgages. Mortgage “A”
charges 4.35% interest and zero points....
We are choosing between two $500,000 mortgages. Mortgage “A” charges 4.35% interest and zero points. Mortgage...
We are choosing between two $500,000 mortgages. Mortgage “A” charges 4.35% interest and zero points. Mortgage “B” charges 3.65% and 3 points. Which mortgage should we take and why? (show calculations)
19. Mortgage payments Aa Aa Mortgages, loans taken to purchase a property, involve regular payments at...
19. Mortgage payments Aa Aa Mortgages, loans taken to purchase a property, involve regular payments at fixed intervals and are treated as reverse annuities. Mortgages are the reverse of annuities, because you get a lump-sum amount as a loan in the beginning, and then you make monthly payments to the lender. You've decided to buy a house that is valued at $1 million. You have $500,000 to use as a down payment on the house, and want to take out...
Points: 1 13) Is it possible to have a zero electric potential between two positive charges...
Points: 1 13) Is it possible to have a zero electric potential between two positive charges along the line joining the two charges? A) Yes, if the two charges are equal in magnitude. B) No, a zero electric potential cannot exist between the two charges. C) Yes, regardless of the magnitude of the two charges. D) cannot be determined without knowing the separation between the two charges E) cannot be determined without knowing the magnitude of the charges Points: 3...
We take a 10-year mortgage for $300,000 at 7.25% p.a. It is to be repaid in...
We take a 10-year mortgage for $300,000 at 7.25% p.a. It is to be repaid in monthly repayments. a. What is the repayment amount? Assume that interest is compounded monthly. Which formula should you use to solve this problem? b. What is the balance outstanding after two years? How much principal and how much interest have been paid? c. After two years, the interest rate falls to 6.75% p.a. What prepayment penalty would make it unattractive to prepay the loan?
2. a. Optional (no points): On the diagram of two equal and opposite charges below, neatly...
2. a. Optional (no points): On the diagram of two equal and opposite charges below, neatly draw electric field lines (roughly 8 to 16 lines per charge). Indicate direction on ALL field lines with arrowheads. b. Optional (no points): With a different color pen/pencil or with dashed lines, draw roughly 6 to 12 equipotential lines, spanning from very near the charges to near the edge of the page. Show the electric field lines and equipotentials for the entire area between...
Real Estate Finance answer all please . John Corbitt takes a fully amortizing mortgage for $80,000 at 10 pe...
Real Estate Finance
answer all please
. John Corbitt takes a fully amortizing mortgage for $80,000 at 10 percent interest for 30 years, monthly payments. What will be his monthly payment? 2. Dave Burns wants to buy a house. To do so, he must incur a mortgage. A local lender has determined that Dave can afford a monthly payment of $600, principal and interest. If the current interest rate on 30-yearm fixed-rate mortgage is 9.50 percent, what is the maximum...
John is looking to borrow $130,000 via a 30 year constant payment mortgage. He given two...
John is looking to borrow $130,000 via a 30 year constant payment mortgage. He given two choices on interest rates, a 5 1/2% rate with 4 points to be included in closing costs, and a 6% rate with 1 point. If John expects to repay the loan after 7 years, which loan should he take? Compare the annual effective interest cost of the two loan alternatives. Show your work.
5) You are choosing between two projects, but can only take one. The cash flows for...
5) You are choosing between two projects, but can only take one. The cash flows for the projects are given in the following table: 0 1 2 3 4 A -50 25 20 20 15 B -100 20 40 50 60 a. What are the IRRs of the two projects? Use an excel spread sheet b. If your discount rate is 5%, what are the NPVs of the two projects? c. Why do IRR and NPV rank the two projects...
Consider the following two situations: 7) Consider the following two situations: (1) We have two charges,...
Consider the following two situations:
7) Consider the following two situations: (1) We have two charges, one positive and one negative, in an empty space (that is, nothing around them at all), as shown below. (2) We have the same two charges at the same distance from one another in a fluid composed of a large number of positive and negative ions. A) In which situation will the attractive force between these two charges be greater? Explain your reasoning. B)...
1 point Charges will stop moving between two points when O the charges stop attracting or...
1 point Charges will stop moving between two points when O the charges stop attracting or repelling each other, and learn to behave! O you turn on the switch O the two points achieve the same potential O an electric field points from one point to another 2 1 point Refer to the figure. Which point is at a higher electric potential? O O Both A and B are at the same electric potential Need more information to answer 3...
19. Mortgage payments Aa Aa Mortgages, loans taken to purchase a property, involve regular payments at fixed intervals and are treated as reverse annuities. Mortgages are the reverse of annuities, because you get a lump-sum amount as a loan in the beginning, and then you make monthly payments to the lender. You've decided to buy a house that is valued at $1 million. You have $500,000 to use as a down payment on the house, and want to take out...
Points: 1 13) Is it possible to have a zero electric potential between two positive charges along the line joining the two charges? A) Yes, if the two charges are equal in magnitude. B) No, a zero electric potential cannot exist between the two charges. C) Yes, regardless of the magnitude of the two charges. D) cannot be determined without knowing the separation between the two charges E) cannot be determined without knowing the magnitude of the charges Points: 3...
2. a. Optional (no points): On the diagram of two equal and opposite charges below, neatly draw electric field lines (roughly 8 to 16 lines per charge). Indicate direction on ALL field lines with arrowheads. b. Optional (no points): With a different color pen/pencil or with dashed lines, draw roughly 6 to 12 equipotential lines, spanning from very near the charges to near the edge of the page. Show the electric field lines and equipotentials for the entire area between...
Real Estate Finance
answer all please
. John Corbitt takes a fully amortizing mortgage for $80,000 at 10 percent interest for 30 years, monthly payments. What will be his monthly payment? 2. Dave Burns wants to buy a house. To do so, he must incur a mortgage. A local lender has determined that Dave can afford a monthly payment of $600, principal and interest. If the current interest rate on 30-yearm fixed-rate mortgage is 9.50 percent, what is the maximum...
John is looking to borrow $130,000 via a 30 year constant payment mortgage. He given two choices on interest rates, a 5 1/2% rate with 4 points to be included in closing costs, and a 6% rate with 1 point. If John expects to repay the loan after 7 years, which loan should he take? Compare the annual effective interest cost of the two loan alternatives. Show your work.
Consider the following two situations:
7) Consider the following two situations: (1) We have two charges, one positive and one negative, in an empty space (that is, nothing around them at all), as shown below. (2) We have the same two charges at the same distance from one another in a fluid composed of a large number of positive and negative ions. A) In which situation will the attractive force between these two charges be greater? Explain your reasoning. B)...
1 point Charges will stop moving between two points when O the charges stop attracting or repelling each other, and learn to behave! O you turn on the switch O the two points achieve the same potential O an electric field points from one point to another 2 1 point Refer to the figure. Which point is at a higher electric potential? O O Both A and B are at the same electric potential Need more information to answer 3...
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