1-What would be the total cost of leasing a vehicle for 5 years that requires...
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Finance
1-What would be the total cost of leasing a vehicle for 5 years that requires a security deposit of zero (which would be withdrawn from your portfolio, which earns 9% per year), has monthly lease payments of 2850.
2-Someone obtained a mortgage of 118950 to finance a $150,000 home. The title search will be 0 of the mortgage loan, appraisal fee 682, application fee 404.8, and he will pay 0 origination fee. How much are his closing costs?
3-You just borrowed 80473 and are charged a simple interest rate of 0.1. How much interest do you pay each year for three years?
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