You borrow 75,000 for 30 years at 11% interest Question # 00425671 Posted By: katetutor Updated on: 11/17/2016 10:47 PM Due on: 11/18/2016 Subject Finance Topic Finance Tutorials: 1 See full Answer Question You borrow 75,000 for 30 years at 11% interest compounded annually the value of the property is 100,000, PGI =20,000, vacancy rates are 8%, and operating expenses are $8100. Calculate the mortgage constant Rating: 4.9/5
Solution: You borrow 75,000 for 30 years at 11% interest