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A payment made to secure a property (a house or a car) and a loan is known as a(n)
down payment.
-$50,000
restricted assets.
housing.
Larger down payment
12 years
fixed asset.
$340.
Using the rule of 72, about how long would it take for $1 million to double with a compound interest rate of 6%?
down payment.
-$50,000
restricted assets.
housing.
Larger down payment
12 years
fixed asset.
$340.
A house is an example of a
down payment.
-$50,000
restricted assets.
housing.
Larger down payment
12 years
fixed asset.
$340.
The average consumer spends the largest part of his/her paycheck on
down payment.
-$50,000
restricted assets.
housing.
Larger down payment
12 years
fixed asset.
$340.
Which of the following does NOT add to the cost of a mortgage?
down payment.
-$50,000
restricted assets.
housing.
Larger down payment
12 years
fixed asset.
$340.
David has $500,000 in liabilities and $450,000 in assets. What is David's net worth?
down payment.
-$50,000
restricted assets.
housing.
Larger down payment
12 years
fixed asset.
$340.
Certificates of deposit (CDs) and retirement funds are examples of
down payment.
-$50,000
restricted assets.
housing.
Larger down payment
12 years
fixed asset.
$340.
If your salary is $2,500 and your expenses are $2,160, how much are you saving each month?
down payment.
-$50,000
restricted assets.
housing.
Larger down payment
12 years
fixed asset.
$340.
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