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How much money can I borrow if I have $5 000 for a deposit? 2006-04-19
From Chris:
I have a sum of cash that I want to use as a deposit ($ 5 000) and a lender will lend me 65% of the purchase price. How do I calculate the maximum value I can borrow?
Answered by Stephen La Rocque.
An account that earns 6% annually 2006-03-01
From Christine:
How much do you have to deposit to an account that earns 6% annually if you want to earn $1200 on the account?
Answered by Stephen La Rocque.
 
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