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Reil [10]
1 year ago
5

The loan-to-value ratio for a condominium purchased for $265,000 with a down payment of $53,000 is?

Business
1 answer:
Temka [501]1 year ago
6 0

The loan-to-value ratio for a condominium purchased for $265,000 with a down payment of $53,000 is 80%.

A loan is a loan of money by one or more individuals, entities, or other entities to another individual, entity, etc. Repayment amount of the principal borrowed.

A loan is a type of debt owed by an individual or other legal entity. A lender (usually a corporation, financial institution, or government) makes an advance payment to a borrower. In return, the borrower agrees to certain terms, including funding costs, interest, repayment dates, and other terms.

Learn more about loan here:brainly.com/question/26011426

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As a result of an injury settlement with your insurance you have the choice between (1) receiving $5,000 today OR (2) $6,500 in
Murljashka [212]

Answer:

option 2

Explanation:

to determine the better option, calculate the present value of option 2. The more suitable option is the option with the higher present value

Present value is the sum of discounted cash flows

Present value = future value / ( 1 + r)^n

r = interest rate

n = number of years

6500 / ( 1.08^3) = 5159.91

the present value of option 2 is higher than that of option 1,, so pick option 2

8 0
2 years ago
To what does tax progressivity refer?
Maslowich
The correct answer is C) The relation of tax rate to income

Tax progressivity basically means that the more you earn the higher your taxes are.
5 0
3 years ago
Read 2 more answers
Sheniqua, a single taxpayer, had taxable income of $93,678. Her employer withheld $16,509 in federal income tax from her paychec
natima [27]

Answer:

Explanation:

Sheniqua tax liability from table = $19,266

http://lectures.mhhe.com/connect/1259575543/2016_Tax_Table.pdf

Her employer has already withheld $16509 from her income

So, balance comes to $2757

Additional tax she needs to pay is $2757

6 0
3 years ago
joshua purchased a new car from hometown motors. on the way home, the airbag deployed for no apparent reason. joshua was forced
OverLord2011 [107]

The solution is conciliation, a method of conflict resolution that Joshua is using. It entails the provision of a third party who will act as a judge or someone who will play the role of someone who will try to solve and resolve the conflict of both parties.

<h3>What is conciliation?</h3>

Conciliation is a form of alternative dispute resolution (ADR), in which the disputing parties hire a conciliator to mediate their disputes.  They achieve this through easing tensions, enhancing communications, deciphering problems, enticing parties to consider viable solutions, and supporting parties in reaching a consensus.

Both individually and collectively, the parties meet with the conciliator.

Conciliation is different from arbitration in that there is no legal standing for the conciliation process in and of itself, and the conciliator typically has no power to request evidence or call witnesses, write a decision, or issue an award.

To learn more about conciliation from the given link:

brainly.com/question/28139060

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7 0
1 year ago
The economic principle that people are motivated by something to take a particular course of action.
nikklg [1K]

Costs vs. Benefits is the economic principle that people are motivated by something to take a particular course of action. Hence, option A is correct.

<h3>What is Breakeven analysis?</h3>

A financial accounting method or technique called breakeven analysis is used to calculate the number of units a business needs to sell at a given price in order to cover all of its costs.

It is a notion that enables entrepreneurs or financial professionals to figure out and know what they must sell either monthly or annually in order to be able to meet the costs of operating the firm.

Thus, option A is correct.

For more details about Breakeven analysis, click here:

brainly.com/question/23784826

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7 0
1 year ago
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