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scoundrel [369]
1 year ago
11

If the mortgage loan is 80% of the appraised value of a house, and the interest rate of 8% amounts to $460 interest for the firs

t month, then what is the appraised value of the house?
Business
1 answer:
irga5000 [103]1 year ago
6 0

The appraised value of the house is after calculating interest and the value is $86,250.

<h3>What is appraised value?</h3>

A qualified appraiser or valuer's assessment of the assessed value of the real property is what is meant by an appraised value or mortgage valuation. It is typically utilized as a pre-qualification criterion and risk-based pricing component in connection with a financial institution's issuance of mortgage loans.

Calculation of appraised value of the house:

  1. First, calculate the yearly interest. $5,520 in interest total every year ($460 x 12).
  2. Take a loan for $69,000 at an interest rate of.08 on $5,520.
  3. Next, subtract $86,250 from $69,000 to get the appraised value.

Hence, the total appraisal value is $86,250.

Learn more about appraised value :

brainly.com/question/21507493

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Why does welsh imply that the authenticity of the dance is brought into question because of global sharing?
Margaret [11]

Irvine Welsh (born 27 September 1958) is a Scottish novelist, playwright and short story writer. His 1993 novel Trainspotting was made into a film of the same name. , Welsh says dance, music and its surrounding culture remain a major influence on his work.That is why he imply that the authenticity of the dance is brought into question because of global sharing?

When dance forms become globalized, the question of whether or not the style can maintain its authenticity is raised. This, in turn, raises the question of what it means to be culturally authentic in the first place, as well as whether or not a style of dance can truly be possessed by a person or people.

Dance is a deeply personal art form, steeped in traditions, emotions, and experiences. Authenticity is what keeps dance alive.

It's clear that authenticity is one of the most important values in our society - but it means different things to different people.For dancers, authenticity isn't just some word to be tossed around.

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3 0
2 years ago
XYZ Co. is using a predetermined overhead rate that was based on estimated total fixed manufacturing overhead of $121,000 and 10
stira [4]

Answer:

the predetermined overhead rate is $12.10

Explanation:

The computation of the predetermined overhead rate is shown below:

The Predetermined overhead rate is

= (Estimated total fixed manufacturing overhead ÷ Estimated direct labor hours)

= ($121,000 ÷ 10,000)

= $12.10

hence, the predetermined overhead rate is $12.10

6 0
3 years ago
A PPO uses a discount on charge arrangement. Marie incurred total charges by a hospital of ​$20 comma 300​, and the percentage p
Radda [10]

Answer:

$2,842

Explanation:

total amount that the PPO will pay = $20,300 x 70% = $14,210

Marie has to pay 20% of that amount = $14,210 x 20% = $2,842

A preferred provider organization (PPO) is a type of healthcare insurance that provides discounts if you use their network physicians and providers. In this case, Marie received a 30% for going to that hospital.

8 0
3 years ago
Bc corporation has set the record date for a cash dividend at monday, july 22nd. the last day to buy the stock before it goes ex
andrew11 [14]

A cash dividend is a payment made from the corporation's current earnings or accumulated profits to stockholders in general.

<h3>What is Cash dividend?</h3>

A cash dividend is a payment made from the corporation's current earnings or accumulated profits to stockholders in general. Instead of being distributed as a stock dividend or another kind of value, cash dividends are paid in cash.

Typically referred to as dividends, cash dividends are a distribution of a corporation's net income. Dividends are comparable to the draws and withdrawals made by a solo proprietor. The income statements will not include the withdrawals and dividends because they are not expenses.

You must have the stock in your demat account on the record date of the dividend issue in order to be eligible for dividends. To ensure that the stocks are delivered to your demat account by the record date, you should have purchased the stock at least one day before the ex-date.

Hence,  The last day to purchase the stock and receive the dividend is 2 business days prior to record date or the 18th. Ex date - or the very first day the stock trades without the value of the dividend - is the 19th.

To learn more about Cash dividend refer to:

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5 0
1 year ago
As a judge in France, Maurice is not allowed to interpret the law but relies on a strict set of codes to determine the outcome o
alexdok [17]

Answer:

The correct answer is: Civil law system.

Explanation:

A civil law system is the type of legal regime in which the laws set must be literally followed in front of Court and cannot be modified in any sense by the judges. The role of judges under this regime is to dictate the facts of the trial and to come to a decision found in the civil law system.

8 0
3 years ago
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