Written by students who passed Immediately available after payment Read online or as PDF Wrong document? Swap it for free 4.6 TrustPilot
logo-home
logo
  • Modern Real Estate
  • Modern Real Estate
To add items to your wishlist, you must be logged in
Document preview thumbnail
Preview 1 out of 2 pages
Exam (elaborations)

Real Estate Math-13 Test Quiz Verified and 100% Correct Q & A, Complete Document for Exam

0.0
(0 reviews)
- sold
2 pages
2024/2025 Written for academic year
Institution Modern Real Estate
Course Modern Real Estate
Document preview thumbnail
Preview 1 out of 2 pages

Real Estate Math-13 Test Quiz Verified and 100% Correct Q & A, Complete Document for Exam

Content preview

Real Estate
Math-13 Quiz
Circle the letter of the Answer that corresponds to the displayed Question.

1. P=%xT

A. Cash due at closing as shown on the statement

B. Loan to value ratio-the percent of the price that the buyer is borrowing-high LTV means low down
payment

C. Part equals percent times total- a basic formula for real estate math

D. Monthly payment amount of principal and interest required to amortize a loan of $1000 based on the
interest rate and term of the loan-loan amount divided by 1000 times the factor equals payment

2. Loan Factor

A. A debt at closing as shown on the closing statement

B. Loan to value ratio-the percent of the price that the buyer is borrowing-high LTV means low down
payment

C. Cash due at closing as shown on the statement

D. Monthly payment amount of principal and interest required to amortize a loan of $1000 based on the
interest rate and term of the loan-loan amount divided by 1000 times the factor equals payment

Circle the letter of the Question that corresponds to the displayed Answer.

3. A debt at closing as shown on the closing statement

Document information

Uploaded on
August 6, 2024
Number of pages
2
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers
Report Copyright Violation
$8.49
Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF
Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
ACTUALSTUDY
4.7
(724)
Sold
2832
Followers
242
Items
39098
Last sold
1 week ago

Browse related subjects

Subjects

  • real estate math 13 test quiz

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Learn more Create citation
Working on your references?

Frequently asked questions