Question: please help me ! 2. An apartment complex is worth $2,250,000. Look up the 30 year rate in the WSJ. If 10% of the value

please help me !

2. An apartment complex is worth $2,250,000. Look up the 30 year rate in the WSJ. If 10% of the value is put down, what would be the monthly payment? How much interest would be paid over the life of the loan? How much principal would be paid back on the 100th payment? If investors want to pay off this loan (starting from the first payment) in 300 months, how much must they pay each month? 3. You can choose between the following cash flow alternatives, with an annual rate of 5%: 1.) A lump sum cash payment of $100,000. 2.) 10 annual payments of $12,000 each, the first occurring immediately (today). 3) 120 monthly payments of $1,200 each, the first occurring immediately (today)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

need help ASAP! 1. An apartment complex is worth $2,000,000. Look up the 15 year rate in the WSJ. If 10% of the value is put down, what would be the monthly payment? Use the S&P/Case-Shiller 20-City...

1. An apartment complex is worth $2,000,000. Look up the 15 year rate in the WSJ. If 10% of the value is put down, what would be the monthly payment? Use the S&P/Case-Shiller 20-City Composite Home...

An apartment complex is worth $2,000,000. Look up the 15 year rate in the WSJ. If 10% of the value is put down, what would be the monthly payment? Use the S&P/Case-Shiller 20-City Composite Home...

need help on these if possible asap !! Problem set #1 1. An apartment complex is worth $2,000,000. Look up the 15 year rate in the WSJ. If 10% of the value is put down, what would be the monthly...

Complete the balance sheet for question one please. Jeff and Mary Douglas, a couple in their mid-30s, have two children - Paul age 6 and Marcy age 7. The Douglas' do not have substantial assets and...

Please complete excel sheet and do not hesitate if you have any questions Project 1 Name: Type your Name here Complete using excel and submit by uploading to this assignment area by June 14 th 6:00...

1. Sin taxes are: A. Taxes assessed by religious organizations B. Taxes assessed on certain illegal acts C. Taxes assessed to discourage less desirable behavior D. Taxes assessed to fund a specific...

Answer the "EXTENSION" portion of the work sheet 372 373 374 $ 1,101.90 172 5566.765 359 564.89 S 186 $44.16 5 350 $ (0.00 $0.00 $42.76 5 II EXTENSION: How much does paying an extra $100 per month...

What is a depreciation convention? What conventions are available under MACRS?

Q:Vector function E = co exist in a region of two spherical shells define by r = 2 and r = 3. %3D Determine the following integrals. (a) $E ds and (b) S(V E)dv [6]

You work at a pizza shop where a crew is three people: one to take orders and run the cash register, one to prepare the pizzas, and one to put pizzas in the oven and in boxes after they are baked....

Draw a class diagram and its relationship based on the following statements. You can use any UML tool/software to represent your class diagram. Do NOT copy and paste your diagram, use the attachment...