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PLEASE HELP ASAP!!!! Question 15 of 50 Map sapling leaming Brian has grown tired

ID: 2647309 • Letter: P

Question

PLEASE HELP ASAP!!!!

Question 15 of 50 Map sapling leaming Brian has grown tired of paying rent each month to his landlord and has decided to purchase a condo. Brian has been saving money and has $40962.00 that he will use as a down payment on this condo. He wil take out a mortgage to pay the remaining price. Brian finds a suitable condo and negotiates a price of $309477.00. Upon moving in, how much equity does Brian have in this condo? O $268515.00 O $40962.00 O $309477.00 What is Brian's leverage ratio associated with this condo when he moves in? O 6.555222 O 0.1323588 O 0.1525501 O$268515.00 Previous Check Answer Next Exit Hint

Explanation / Answer

Answer

upone moving in how much equity dose brain have in the condon $268,515 what is the brain leverage ratio associated with the condon when he moves in will be 0.1323588
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