The down payment paid by the Obamas for the given condition.
To determine
(b)
To find:
The amount borrowed by Obamas’ from their bank for the given condition.
To determine
(c)
To find:
The amount borrowed by Obamas’ from Bushes.
To determine
(d)
To find:
The Obamas’ monthly interest-only payment to Bushes for the given condition.
To determine
(e)
To find:
The total income of Bushes’s from all aspects of the down payment including the down payment, amount borrowed under the promissory note and the monthly payment required by the promissory note for the given condition.
To determine
(f)
To find:
The total income of Bushes’ from Obamas’ bank for the given condition.
To determine
(g)
To find:
The total income of Bushes’s from all aspects of sell for the given condition.
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