Business, 10.12.2019 21:31 zarek93

Abuyer is to assume a seller's existing loan with an outstanding balance of $120,000 as of the date of closing. the interest rate is 9% and payments are made in arrears with the last payment made on october 1. closing is set for october 11. what will be the entry in the seller's closing statement?

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Abuyer is to assume a seller's existing loan with an outstanding balance of $120,000 as of the date...

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