Jon is purchasing a home from Sally. Jon wants to assume the FHA loan that Sally currently has on the property. Jon is most likely to be able to assume the loan if which of the following is true? 1) The loan is assumable 2) The loan has a low interest rate 3) Jon has a good credit score 4) Sally agrees to transfer the loan
Jon is purchasing a home from Sally. Jon wants to assume the FHA loan that Sally currently has on the property. Jon is most likely to be able to assume the loan if which of the following is true? 1) The loan is assumable 2) The loan has a low interest rate 3) Jon has a good credit score 4) Sally agrees to transfer the loan
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1200Needs to be solved with simple equation.Basically I don't know how to find percent without converting mixed number to decimal.