Blended principal and interest payment
Helena purchases a condo and obtains a $250,000 fully amortizing level payment 15 year mortgage bearing an (annual) interest rate of 6.75%. How much will her monthly blended principal and interest payment be?
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Trail Corporation has gross profits on sales of $140,000 and deductible expenses of $180,000. In addition, Trail has a net capital gain of $60,000. Trail's taxable income is :
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Assuming all changes in quantity were due to the change in price, what is the price elasticity of demand for the Dulles Airport Greenway?
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