Part 14 Flashcards

1
Q

The 3 elements of the T-Bar are:

A

Part
Rate
Total

14-218

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2
Q

Loan requires 20% down payment, and the buyer has $70,000 cash available.

What is the max the buyer can afford?

A

$350,000

14-220

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3
Q

Current sale price of a property is $241,500, the original list price was $210,000.

How much did the property increase expressed as a percentage?

A

15%

14-221

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