1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

#SPJ4

You might be interested in
The economizing problem is essentially one of deciding how to make the best use of Group of answer choices limited resources to
IceJOKER [234]

Answer:

limited resources to satisfy virtually unlimited wants.

Explanation:

The economic issue is basically that of determining whether to allow the most use of finite capital to meet limitless human needs.

Person has limitless wishes, which are seldom fulfilled, in economics studies involve how to offer greater pleasure with limited resources or how to allow effective use of limited resources.

5 0
3 years ago
Use the following items to determine the total assets, total liabilities, net worth, total cash inflows, and total cash outflows
Alexxandr [17]

Answer: should be b

Explanation:

4 0
3 years ago
Sunset Corp. has a bond outstanding with a coupon rate of 5.94 percent and semiannual payments. The yield to maturity is 5.1 per
borishaifa [10]

Answer:

$2,189.76

Explanation:

<em>The price of a bond is the present value (PV) of the future cash inflows expected from the bond discounted using the yield to maturity.</em>

<em>The price of the bond can be calculated as follows:</em>

<em>Step 1</em>

<em>PV of interest payment</em>

Interest payment =( 5.94%× $2000)/2

= $59.4

Semi annual yield = 5.1/2 = 2.6%

PV of interest payment

= 59.4× (1-(1.026)^(-20×2))/0.026)

= 59.4 × 24.41400537

=<em>$ 1,450.19</em>

Step 2

<em>PV of  redemption value</em>

=  2,000 × (1+0.051)^(-20)

= 2,000 × 0.369781925

=   739.56

Step 3

<em>Price of bond  </em>

= $1,450.19 + $739.56  

=$2,189.76

6 0
3 years ago
TB MC Qu. 08-152 Minor Company installs a machine... Minor Company installs a machine in its factory at the beginning of the yea
Neko [114]

Answer:

The correct answer is "$54000".

Explanation:

According to the question,

Annual depreciation rate will be:

= \frac{100 \ percent}{5}

= 20 (%)

hence,

The depreciation as per double decline will be:

= 2\times Annual \ depreciation \ rate\times Beginning \ value

By putting the values, we get

= 2\times 20 \ percent\times 135000

= 54000 ($)

5 0
3 years ago
A company had net income of $200,000 and paid dividends to common stockholders of $50,000 in 2022. The weighted average number o
likoan [24]

Answer:

25 percent.

Explanation:

Given that,

Net Income =$200,000

Paid dividends to common stockholders = $50,000

Weighted average number of shares outstanding in 2022 = 2,000 shares

Selling price of common stock = $80 per share

Dividend pay-out ratio:

= (Dividend paid to Common Stockholders ÷ Net Income) × 100

= ($50,000 ÷ $200,000) × 100

= 0.25 × 100

= 25%

Therefore, the company’s payout ratio for 2022 is 25 percent.

3 0
3 years ago
Other questions:
  • Sample observations of a claims processor made over a 160-hour work month reveal that the worker produced a total of 384 complet
    6·1 answer
  • Which of the following occupations is among the 10 projected most rapidly declining U.S. occupations in terms of percentage decr
    14·1 answer
  • At the beginning of the year, a firm had current assets of $121,306 and current liabilities of $124,509. At the end of the year,
    15·1 answer
  • Which value gap refers to a company’s failure to accurately assess what customers really want?
    9·1 answer
  • lee company pays its employees on a graduated commission scale 6% on the first $40,000 sales 7% on sales from $40,001 to $80,000
    5·2 answers
  • Its best if you share details of a personal appointment when you need time off work. True False
    14·1 answer
  • Bingo Land Inc. has a defined benefit pension for their employees. For the fiscal year 2019, the PBO beginning balance was $1,80
    7·1 answer
  • The Maroon &amp; Orange Gym, Inc., uses the accrual method of accounting. The corporation sells memberships that entitle the mem
    14·1 answer
  • When consumers purchase computers, they also often purchase virus protection to take care of the computer. As the price of a com
    11·1 answer
  • Danahy Corporation manufactures a single product. The following data pertain to the company's operations over the last two years
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!