The purchase price is $70,000. The purchaser is to pay $4,200 down and obtain a new conventional loan at 9%. The loan would be consider a:
A. 70% loan.
B. 80% loan.
C. 90% loan.
D. 95% loan.
Answer: D. 95% loan.
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Which of the following statements is true of the market share theory?
A) It is used when various manufacturers have produced different parts of the product. B) It is used when the allegedly harmful products differ based on the manufacturer who has produced them. C) It apportions liability among the defendants on the basis of the market share they held at the time the product was produced. D) It apportions liability among the defendants on the basis of the market share they hold when the lawsuit is filed in court.
According to trading volume data tabulated by the Wall Street Journal for April 15, 2010, which index futures contact experienced the highest total open interest?
A) DJ Industrial Average B) S&P 500 Index C) Mini S&P 500 D) Mini Nasdaq 100