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Assume an investor is looking for financing for a project that costs $300,000. A lender offers financing available in the amount of $210,000 at an

Assume an investor is looking for financing for a project that costs $300,000. A lender offers financing available in the amount of $210,000 at an annual mortgage constant of 10.00%. The loan is fully amortizing, requires an annual payment and has a 30-year term. Based on the above, what is the LTV ratio offered by the lender

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The LTV ratio offered by the lender is 7000 Heres how we can calculate it LTV ratio Loan amount ... blur-text-image

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