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3 years ago

Which of the following are considered in determining a fair and reasonable price in a municipal agency transaction?

Business

1 answer:

Alexus [3.1K]3 years ago

7 0

Answer: All of the above

Explanation:

To determine a fair and reasonable price in a municipal agency transaction, the things to be considered are:

• Availability of the security

• Expenses associated with affecting the transaction

• Value of services rendered by the municipal broker

• Value of any other compensation received in connection with this transaction.

These are the four main factors that'll have to be considered before a fair price is determined.

Therefore, all the options are correct.

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Vanessa bought a house for $268,500. She has a 30 year mortgage with a fixed rate of 6.25%. Vanessaâs monthly payments are $1,59

Musya8 [376]

Answer:

Ans. A) $9,314.45

Explanation:

Hi, first we have to bring to present value the monthly payments to be made for 30 years (360 months). In order for this to be useful, we have to convert this annua compounded monthly rate (6.25%) to an effective rate, that is 6.25% / 12 = 0.5208%. Now, when we find this present value, we are going to substract it from the price of the house and that is the value of the down payment. But let´s just go ahead and do it together.

We have to use this formula to bring to present value the $1,595.85 monthly payments, for 30 years (360 months) at a rate of 6.25% (0.5208% monthly).

$PresentValue=\frac{A((1+r)^{n}-1) }{r(1+r)^{n} }$

It should look like this

$PresentValue=\frac{1,595.85((1+ 0.005208 )^{360}-1) }{0.005208(1+0.005208)^{360} }$

$Present Value=259,185.55$

Now, let´s go ahead and find the down payment.

$DownPayment=Price-PresentValue$

$DownPayment=268,500-259,185.55= 9,314.45$

So, the answer is a). $9,314.45

Best of luck.

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3 years ago

What is a transferable skill ?

ser-zykov [4K]

Answer:

it's 4, a skill you can use in many different situations

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What is a good Warzone loadout. Best gets Brainliest. Explain

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M4A1 is the best weapon

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Mrs. Tolstoy and her husband, Serge, are planning their dream house. The lot for the house sits high on a hill with a beautiful

sergeinik [125]

Answer:

$299,280

Explanation:

If the Tolstoys purchased the house they would pay on average $120 per sq ft x 2,900 sq ft = $348,000

If Mr. installs the plumbing and Mrs. Tolstoy decorates the house, they can save 10% (plumbing and installing plumbing fixtures) and 4% (interior decorating) = 14% of the cost

So the Tolstoys can save = $348,000 x 14% = $48,720

the cost of the house = $348,000 - $48,720 = $299,280

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If NASA were developing a new type of spacecraft and an individual requested the plans through the Freedom of information Act, o

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Answer:

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Explanation:

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3 years ago