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Orlov [11]
3 years ago
12

Julie bought a house for $315,000 and has a $285,000 mortgage. she claims she has $315,000 in equity. is she correct? if not, ho

w much home equity does she have? explain.
Computers and Technology
2 answers:
mr Goodwill [35]3 years ago
5 0
No she is not. Equity is equal to assets less liabilities. Her asset is the house market value and her liability is the payable mortgage amount of the house.
where
 asset = $315000
 liability = $285000

Julie's Home equity =  asset - liability
                                = $315000- $285000
                                = $ 30000


scoundrel [369]3 years ago
5 0

Answer:

No, she is not correct. She has only $30,000 in home equity. Equity is the value of ownership in an asset minus any debts owed on it. $315,000 minus $285,000 is $30,000.

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Explanation:

The description of the JavaScript code as follows:

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Answer:

Following are the code to this question:

import java.util.*;//import package for user input

public class Main//defining class main

{

   public static boolean odd_number_digits(int n)//defining boolean method odd_number_digits

   {

       if(n>0 && n%2!=0)//defining if block that check value is positive and odd number

       {

       return true;//return value true

       }

       else//defining else block

       {

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       }

   }

   public static void  sum_odd_digits(int n)//defining a method sum_odd_digits

   {

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       for(i=0;i<=n;i++)//defining for loop

       {

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           {

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       }

      System.out.print(sum);//use print method to print sum value

   }

public static void main(String[] args) //defining main method

   {

       Scanner ox=new Scanner(System.in);//creating Scanner object

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   }

}

Output:

please find the attachment.

Explanation:

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In the "odd_number_digits" method,  an integer variable passes as an argument and inside the method, if block is used that check value is a positive and odd number then it will return a true value.

In the "sum_odd_digits" method, it accepts an integer parameter "n", and define integer variable "sum" inside the method, which uses the for loop, inside the loop if block is used that counts odd numbers and adds its in sum and print its value.

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