Circe5982 Circe5982

20-10-2020
Business

contestada

Given the following information, calculate the loan-to-value ratio of this commercial loan: estimated net operating income in the first year: $150,000; debt service in the first year: $100,000; loan amount: $1,000,000; purchase price: $1,300,000.

Respuesta :

abiolataiwo2015 abiolataiwo2015

20-10-2020

Answer:

0.77

Explanation:

Calculation for the loan-to-value ratio

Using this formula

Loan-to-value ratio=Loan amount/ Purchase price

Let plug in the formula

Loan-to-value ratio=1,000,000/1,300,000

Loan-to-value ratio= 0.77

Therefore the loan-to-value ratio of this commercial loan will be 0.77

Answer Link

ACCESS MORE ACCESS MORE ACCESS MORE ACCESS MORE

Otras preguntas

Anne Frank uses her diary to describe being in hiding. This was a new experience for her. Write a diary entry in your voice about a time when you experienced a

Chris is going to the amusement park. It cost $28 to get into the park and $5 for each ride. A write an equation to represent the problem situation. Be sure to

If the specific surface energy for aluminum oxide is 0.90 J/m2 and its modulus of elasticity is (393 GPa), compute the critical stress required for the propagat

Social Darwinists believed that A. religious and scientific worlds should be kept separate. B. powerful nations were meant to dominate weaker societies. C. the

A gas has a volume of 6 L, a temperature of 70 degrees C, and a pressure of 2 atm. If the gas is compressed to a volume of 4 L, and the pressure increases to 5

Order these numbers from LEAST to GREATEST. 7/4,2,11/8 (a) 2,11/8,7/4 (b) 7/4,11/8,2 (c)11/8,7/4,2 (d) 11/8,2,7/4

The AZ Company manufactures kitchen utensils. The company is currently producing well below its full capacity. The BV Company has approached AZ with an offer to

Singer a is offering her service for an initial $45 In addition to $10 per hour. Singer b is offering his service for an initial $65 in addition to $5 per hour.

How do you convert a mixed fraction to an improper fraction ?

(The egg) What tone is developed in the beginning of this text? A. Upbeat, almost cheerful tone B. Distraught and worried tone C. Negative tone D. Sorrowful and