An Investor Buys a Property for $640,000 with a 25-Year

question 47

Multiple Choice

An investor buys a property for $640,000 with a 25-year mortgage and monthly payments at 8% APR.After 18 months the investor resells the property for $712,000.How much cash will the investor have made from the sale,once the mortgage is paid off?

• A)$63,218
• B)$72,412
• C)$84,825
• D)$92,644

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Definitions:

Eyelid Margins

The edges of the eyelids where the eyelashes grow; important in eye health and function.

Intraocular Pressure

The fluid pressure inside the eye, important for maintaining the shape of the eye and the health of eye tissues.

Extraocular Muscles

The muscles surrounding the eyeball that enable it to move in different directions and maintain its position within the socket.

Presbyopia

A natural, age-related loss of the eyes' ability to focus on close objects, typically beginning in mid to late adulthood.