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Anna007 [38]
3 years ago
15

Julio has a house worth $220,000. He has a $175,000 mortgage. Julio says that in this situation, his asset is really only $45,00

0. Which statement explains whether Julio is correct?
A. Julio is correct because the $45,000 equity in the house is the real asset.

B. Julio is correct because he can pay $45,000 and have no more liabilities.

C. Julio is not correct because the same item cannot represent both an asset and a liability.

D. Julio is not correct because the house cannot be worth more than the mortgage.
Mathematics
2 answers:
ycow [4]3 years ago
8 0

Answer:

I took the test and i got 100% the answer is A.

Step-by-step explanation:

Sveta_85 [38]3 years ago
4 0
A.

He owes 175000, but the house is worth 220000
Equity (or an asset) is equal to how much something is worth minus how much you still owe

220000-175000 = 45000
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Each week Leah works 5 days and is paid a total of $682.
Morgarella [4.7K]
Answer is $17.60 Rate of pay

Step by step.

First we know she worked the following hours

8:45 - 12:15 = 3.5 hours
13:15 - 17:30 = 4.25 hours

Total hours worked per day 7.75 hours

She works 5 days x 7.75 hours = 38.75 hours per week

She makes $682 for 38.75 hours worked

Divide pay by hours worked to find rate of pay

$682 / 38.75 = $17.60 per hour rate of pay
4 0
1 year ago
Please help will give brainliest it’s for a test<br><br> Round 29.20 to 30 <br> Show work please
djverab [1.8K]

Answer:

you cant round that to 30

Step-by-step explanation

29.20

29.2 2 is less than 5

so you cant round you can only round if the .tens place is 5 or more

4 0
3 years ago
Brian read 8 1/4 pages of a book in 1/6 hour. At thus rate, what is the total number of pages if the book he will read in 1 hour
Oksana_A [137]
8 1/4 -> 1/6 hour
How many pages -> 1 hour?

You can use the cross multiply method
\frac{8 \ \:\frac{1}{4} \times 1 }{ \frac{1}{6} }


= 49.5 pages

Or you change the hours to minutes.
1/6 hour is 10 min.
[1/6 × 60 = 10 ]
Either way you'll get the same answer.
5 0
3 years ago
Question #2 How many different groups of 10 acts can be selected to play in the winter show? *
Marizza181 [45]

Answer:

1001

Step-by-step explanation:

4 0
3 years ago
Travis is in a hot air balloon that has just taken off and is now floating 12 meters above its launching point. Shontal is stand
ozzi

Shontal is at a distance of 13 meters from the launching point

Step-by-step explanation:

Step 1 :

Given,

Distance of Travis from the launching point  = 12 meters

Distance of Shontal from the launching point = 9 meters

Step 2 :

Let A represent the launching point

B represent the point above the launching point at which the balloon is floating.

C represent the point where Shontal stands on the ground.

The angle made by AB with BC is 90 degrees because the balloon is directly above the launching point

Step 3:

So we have a right angle triangle here, with

AB = 12

BC = 9 and angle ABC = 90 degrees

We need to find out length of  AC

Using the theorem of Pythagoras,

AC² = AB² + BC²

AC² = 12² + 9² = 144 + 25 = 169 = 13

Step 4 :

Answer :

Shontal stands at a distance of 13 meters from the launching point

4 0
3 years ago
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