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Sauron [17]
1 year ago
9

Housing expenses are commonly referred to as piti. what does piti stand for?a.principal, income, taxes, investmentb.payment, inv

estment, terms, insurancec.payment, interest, terms, incomed.principal, interest, taxes, insurance please select the best answer from the choices providedabcd
Business
1 answer:
Rasek [7]1 year ago
4 0

Correct option is d : principal, interest, taxes, insurance.

Housing expenses are commonly referred to as piti. piti stand for principal, interest, taxes, insurance.

Principal, interest, taxes, insurance or in other words  PITI are the sum components of a mortgage payment. Specially, components of the mortgage payment consists of the principal amount, loan interest, property tax, as well as  the homeowners insurance and private insurance premiums mortgage.

PITI is generally quoted on the monthly basis. It  is then compared to a borrower's monthly gross income for computing the front-end and back-end ratios of any individual.

To know more about PITI here:

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You might be interested in
Has a government monopoly in home mail delivery, but several private companies, such as fedex, ups, and dhl, compete with:____.
Katena32 [7]

Has a government monopoly in home mail delivery, but several private companies, such as FedEx, ups, and DHL, compete with <u>USPS</u>.

The government affords public offerings just like the railways. subsequently, they are a monopolist due to the fact new companions or privately held groups aren't allowed to run railways. but, the fee of the tickets is affordable so most people can use public shipping.

The government affords public offerings like the railways. hence, they're a monopolist because new companions or privately held businesses are not allowed to run railways. however, the fee for the tickets is cheap so most people can use public shipping.

As a result, absolutely is certainly one of the biggest monopolies in present the global. The enterprise, in reality, monopolizes several other different markets within the globe.

Learn  more about monopoly here brainly.com/question/13113415

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5 0
1 year ago
EA2.
REY [17]

Answer:

6,000 units

Explanation:

The beginning inventory units are calculated below

We know

Number of units produced = Budgeted units sold + ending inventory units - beginning inventory units

35,000 units = 32,000 units + 9,000 units - beginning inventory units

35,000 units = 41,000 units - beginning inventory units

So, the beginning  inventory units  would be

= 41,000 units - 35,000 units

= 6,000 units

8 0
3 years ago
In the field of economics, the additional cost associated with one more unit of something is called a(n)?
antoniya [11.8K]

In the field of economics, the additional cost associated with one more unit of something is called a(n) marginal cost.

This is further explained below.

<h3>What is marginal cost.?</h3>

Generally, The change in the overall cost that occurs as a result of an increase in the amount produced is referred to as the marginal cost.

This is also referred to as the cost of producing an extra quantity.

In conclusion, In the study of economics, the term "marginal cost" refers to the extra expense incurred by producing one more unit of a certain product or service.

Read more about marginal cost.

brainly.com/question/7781429

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3 0
1 year ago
Find the amount to which $550 will grow under each of the following conditions. Do not round intermediate calculations. Round yo
Cloud [144]

Answer:

(A)Fv= $864.2

(B) Fv= $1302.05

(C) Fv=  $2003.4

(D) Fv= $96817.21

Explanation:

Giving the following information:

Initial investment= $550

We will use the final value formula:

FV=Present value*(1+i)^n

(A) 9% compounded annually for 5 years.

Fv= 550*(1.09)^5=$864.2

(B) 9% compounded semiannually for 5 years.

Fv= 550*(1.09)^10= $1302.05

(C) 9% compounded quarterly for 5 years.

Fv= 550*(1.09)^15= $2003.4

(D) 9% compounded monthly for 5 years.

Fv= 550*(1.09)^60=$96817.21

6 0
3 years ago
A loyalty program is: a. a program that rewards suppliers when delivery of products and services exceeds expectations. b. an ana
Ray Of Light [21]
<h2>A reward system for customers based on the amount of business they do with your business.</h2>

Explanation:

A loyalty program is organized once again to promote business and to get in touch with the effective customer to keep up business. Only selected customers who are keeping the business on will be invited.

Option A: Rewards are not for suppliers, it is for customer

Option B: It is not analysis. It is basically to appreciate customer based on the analysis

Option C: The right answer as explained above

Option D: This is closely related to product promotion but missing the attribute of "appreciating customers".

7 0
3 years ago
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