If a mortgaged property is “underwater”, which of the following is true? June 28, 2017 Mckenzie Jones
In a 30-year Amortizing loan with monthly payments, if the Loan Amount is $40,280, and the monthly interest rate is 0.6%, what is the Interest Portion of the Total monthly payment in Month 1 (rounded to the nearest dollar)? June 28, 2017 Mckenzie Jones
In an Amortizing loan, the Total monthly payment ____ over the term of the loan. June 28, 2017 Mckenzie Jones
In an Amortizing loan, which of the following functions will calculate the portion of the monthly payment dedicated to the repayment of the loan’s Principal? June 23, 2017 Mckenzie Jones
In an Amortizing loan, which of the following formulas will calculate the Interest portion of the loan’s monthly payment? June 23, 2017 Mckenzie Jones
In an Amortizing loan, which of the following formulas will determine the Total monthly obligation to the lender? June 23, 2017 Mckenzie Jones
In an Amortizing loan, the monthly payments made to the lender include which of the following? June 23, 2017 Mckenzie Jones
Which Option would yield the higher Net Present Value of Expected Values? Option 1: a sale at the end of Year 3 for $2,000,000 with an Annual Discount Rate of 7%, OR Option 2: a sale at the end of Year 3 for $1,800,000 with an Annual Discount Rate of 4%? June 22, 2017 Mckenzie Jones
If the Discount Rate for a series discounted cash flows equals 6%, and the Net Present Value of Expected Values equals $100,000, which of the following accurately describes the IRR? June 22, 2017 Mckenzie Jones
If the IRR for a series of discounted cash flows equals 6%, then a Discount Rate of 7% will yield which of the following? June 22, 2017 Mckenzie Jones