not coming up with the correct numbers NEED HELP
Based on our analyisis we have come with a different number for year 10's "total profit if sold." Here are our numbers
If Total Value of home in year 10 is
$1,275,376.64
and remaining loan is
$684,043.86
Down payment
$94,900
and finally a 5% sales expense leaves one with
$63,768.83.
Equation
---------------------
1,275,376.64
- 684,043.86
- 94,900
-63,768.83
---------------------
= $432,663.95
The difference of 442,249(highlighted) and (our calculation) 432,663.95, comes to
$9,585.05!!
I guess the question is, how are we coming up with such a huge difference in "Total Profit if Sold"
thank you for hanging in there :)