A building was sold for $115,000. Earnest money in the amount of $15,000 was deposited in escrow, and the buyer obtained a new loan for the balance of the purchase price. The lender charged 2 discount points on the loan. What was the total amount of cash used by the buyer for this purchase?

A) $2,300
B) $15,000
C) $17,000
D) $17,300

Ans: C) $17,000

Business

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ABC common stock is expected to have extraordinary growth of 20 percent per year for two years, at which time the growth rate will settle into a constant 6 percent. If the discount rate is 15 percent and the most recent dividend was $2.50, what should be the current share price?

A) $47.77 B) $37.39 C) $31.16 D) $33.23

Business

In the context of the portfolio matrix, a__________has low growth potential and a small market share

Fill in the blanks with correct word.

Business