If a person is going to borrow $360,000 for a home and pay it off in monthly payments of $4,552.00 for 30 years, the internal rate of return is

A. 15%.
B. 0%.
C. 5%.
D. 10%.

Answer: A

Economics

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Supply-side economists argue that decreasing marginal tax rates

A) increases productivity and shifts the AS curve to the right. B) increases productivity and shifts the AS curve to the left. C) increases productivity and shifts the AD curve to the left. D) due to the Ricardian equivalence, has no impact on the economy.

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Competing-interest legislation is legislation that

a. imposes benefits on only a few individuals but imposes costs on many people b. imposes both benefits and costs on relatively few individuals c. imposes benefits on many individuals but imposes the costs on relatively few people d. imposes both benefits and costs on many individuals e. imposes costs only on those individuals who are rationally ignorant

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