Posted 2/5/2019 20:10 (#7299604 - in reply to #7299580) Subject: farmer1 is correct on the inputs, more help
EC Indiana
Yes he is selling the home to them for $52,000. Wants 60 payments with $0 down payment. How did you figure their interest rate and what is his return if he paid $36,000 up front and sells on contract with $0 down and $1,000/Month for 60 months? These are the story problems I left in my Masters program lol!!