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Ugo [173]
2 years ago
7

If someone buys a home for $200,000 and makes a 20 percent down payment, that person will have to?

Business
1 answer:
Travka [436]2 years ago
5 0

If someone buys a home for $200,000 and makes a 20 percent down payment, that person will have to pay $40,000 up front.

<h3>What is Down payment?</h3>
  • An advance, partial payment known as a down payment is made when buying expensive products or services like a home or a car.
  • Typically, it is paid in cash or an equivalent at the time the transaction is completed. The remaining payment must then be financed through a loan of some kind.
  • A greater down payment typically indicates that you are a less risky borrower, and a lower interest rate reflects a less hazardous borrower.
  • A lower interest rate will enable you to pay less interest overall and save you money on your monthly payment.

Learn more about down payment here:

brainly.com/question/6318484

#SPJ4

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Because General Electric is a ____ corporation, Todd Barrow can purchase stock with the help of an account executive through the
dexar [7]
The correct answer is  : Public

purchasing stock through Secondary market means that an investor could purchase the stock from other investors, ( usually through stock exchange)
currently, only Public corporations could sell their stocks in the stock exhange
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3 years ago
Bill's organization expects 50% of profits to be generated by products that did not exist five years ago. What is the nature of
faust18 [17]
If these are the missing choices:
A) short-term
B) risky
C) innovative
<span>D) expansionary

My answer is C. INNOVATIVE. 

Innovative is defined as an adjective that may refer to a person who introduces new ideas that are original and creative. It may also refer to a product, service, or idea that features new methods or designs that help advance our technology unlike no other. 

Since Bill's organization expected to derive a 50% profit from products that did not exist five years ago, it is safe to assume that Bill's organization was the one to innovate and launch the product. </span>
7 0
3 years ago
Brian vargo, an auto repair mechanic who remains unemployed because he refuses to work for less than $1,000 an hour, is:
Verizon [17]
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3 0
3 years ago
List the three types of résumé formats.
Radda [10]

Answer:

Chronological: Classic format that lists your work experience in order, starting with the most recent.

Functional: Emphasizes qualifications and accomplishments instead of specific jobs, but isn’t recommended.

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Explanation: brainliest pls

8 0
3 years ago
Read 2 more answers
If the same number of units of good Y must be given up as each successive unit of good X is produced, then the PPF for these two
andrey2020 [161]

Answer:

PPF : Downward Sloping Straight Line

Explanation:

PPF is the locus of product combinations that an economy can produce, given resources & technology.

It is downward sloping : Because of inverse relationship between two goods- if one has to be increased other has to be decreased , because of same resources & technology.

Marginal Opportunity Cost (Slope of PPC): is ratio of a good sacrifised to gain each additional unit of the other good.

∆ Good sacrifised / ∆ Good gained

If this ratio is same i.e constant amount of a good is sacrifised to gain an additional amount of the other one , the slope of PPC is constant & it is a straight line

Eg : Good1    Good2     MOC [∆Good2/∆Good1]

      0               20             _        

      10             10           -10/10 = -1                  (10-20)/(10-0)

       20              0           -10/10 = -1                   (0-10)(/20-10)

So , same (1) good 2 is sacrifised to attain a good 1 each time.

However Generally: MOC is increasing , because of assumption that resources are unequally efficient in various goods production - shifting good from efficient to inefficient increases sacrifise each time. This makes PPC usually concave.

5 0
3 years ago
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