Wrap mortgagees return on investment
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Alternatively, a wraparound loan for $150,000 can be obtained at 12% and for a 15 year term. All loans are fully amortizing and ignore taxes and fees. What is the wrap mortgagee’s return on investment?
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Answers this question in first person narration, Long essay, simple words if I am planning to have a Career as a Social Worker to become a Probation Officer:
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