Question: What is the return to the borrower on the additional $ 1 0 0 , 0 0 0 down payment for Alternative B ? Which

What is the return to the borrower on the additional $100,000 down payment for Alternative B? Which alternative is more desirable?
If the seller of Alternative B provided a second mortgage for $20,800 at 9 percent, what would be the return to the borrower on the additional $100,000 down payment? Which alternative is more desirable?
If the seller of Property B provided a second mortgage for $30,800 at 9 percent such that no additional down payment is required, which alternative is more desirable?

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