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-After graduation you get a good job and you decide to purchase a condo priced at $200,000. You are putting down a $20,000 down payment. You are approved for a $180,000 loan, which is a 30 year mortgage with a fixed annual interest rate of 5.75%.
-At the end of 30 years, what is the total amount of payments, and what is the total interest you paid to the bank?
-Now let's assume a 15 year mortgage with the same terms. You are borrowing a $180,000 loan, which is a 15 year mortgage with a fixed annual interest rate of 5.75%
-At the end of 15 years, what is the total amount of payments, and what is the total interest you paid to the bank?
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inferring financial information using a ratio - tiana company reported total assets of 1400000 and noncurrent assets
A 12-year project is expected to generate annual sales of $162,565, variable costs of $35,285, and fixed costs of $35,250. The annual depreciation is $23,252 and the tax rate is 38 percent. What is the annual operating cash flow?
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