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Verizon [17]
3 years ago
12

The subject has $8,000 pool and a $2,000 chimney but no porch. a comparable that sold for $199,000 has a $3,000 porch but no poo

l or chimney. assuming all else is equal, what is the adjusted value of the comparable?
Business
1 answer:
Pavel [41]3 years ago
5 0
<span>If the comp sold for $199,000 but includes a $3000 porch and the subject has no porch, then we subtract the value of the porch to yield a base for the comparable of $196,000. Then, since the comparable has no pool or chimney, we add these values - $8,000 and $2,000, respectively - to that base value to yield an adjusted value of $196,000 + $8,000 + $2,000 = $206,000.</span>
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A property is purchased for $200,000 with an 80 percent LTV. After five years, the owner's equity is $80,000. What would be the
sweet-ann [11.9K]

Answer:

14.57%

Explanation:

Data provided in the question:

Purchasing cost of the property = $200,000

LTV = 80%

Time, n = 5 years

owner's equity = $80,000

Now,

Loan amount = Purchasing cost × LTV

or

Loan amount = $200,000 × 80%

or

Loan amount = $160,000

Thus,

Annual EAHE = (\frac{\textup{Loan}}{\textup{Equity}})^{\frac{1}{n}}-1

or

Annual EAHE = (\frac{\textup{160,000}}{\textup{80,000}})^{\frac{1}{5}}-1

or

Annual EAHE = 0.1487

or

Annual EAHE = 0.1457 × 100% = 14.57%

7 0
3 years ago
Trade-offs force society to make​ choices, particularly when answering the following three fundamental​ questions:
joja [24]

Answer:

The correct answer is D. One, what goods and services will be​ produced? Two, how will the goods and services be​ produced? Three, who will receive the goods and services​ produced?

Explanation:

There are two questions in particular that summarize the reason for the economy:

• How do elections determine what, how and for whom goods and services are produced?

• At what point are choices made in pursuit of personal interest promoting social interest?

What, how and for whom?

Goods and services are the objects that people value and produce to meet their needs.

What? It determines the goods and services that are produced as well as the amount that is produced from each good and service.

How? Goods and services are produced using what economists call production factors.

The factors of production are the resources that companies use to produce goods and services. These factors fall into four categories:

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5 0
3 years ago
QUESTIONS
Sliva [168]

Answer: B

Explanation:

you can pass on the right if you are driving on a one way road.

3 0
3 years ago
A computer accessory salesman attempts to convince you to purchase a "solar neutrino" shield for your new computer. (It's even "
Margaret [11]

Answer:

Because neutrinos rarely, if ever, interact with my computer.

Explanation:

A computer accessory salesman attempts to convince me to purchase a "solar neutrino" shield for my new computer. (It's even "on-sale" !) I turn down this excellent offer <u>because neutrinos rarely, if ever, interact with my computer.</u><u> </u>Lack of any links to stuff, neutrinos remain extraordinarily unfriendly. They simply don't desire to communicate with anything in today's material world. To neutrinos, the Sun is translucent, and huge numbers of them walk away into all ways of space at approximately the pace concerning light.

4 0
3 years ago
A mining company owns two mines, each of which produces three grades (high, medium, and low) of ore. The company has a contract
sashaice [31]

Answer:

They should operate Mine 1 for 1 hour and Mine 2 for 3 hours to meet the contractual obligations and minimize cost.

Explanation:

The formulation of the linear programming is:

Objective function:

C=200M_1+160M_2

Restrictions:

- High-grade ore: 6M_1+2M_2\geq12

- Medium-grade ore: 2M_1+2M_2\geq8

- Low-grade ore: 4M_1+12M_2\geq24

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We start graphing the restrictions in a M1-M2 plane.

In the figure attached, we have the feasible region, where all the restrictions are validated, and the four points of intersection of 2 restrictions.

In one of this four points lies the minimum cost.

Graphically, we can graph the cost function over this feasible region, with different cost levels. When the line cost intersects one of the four points with the lowest level of cost, this is the optimum combination.

(NOTE: it is best to start with a low guessing of the cost and going up until it reaches one point in the feasible region).

The solution is for the point (M1=1, M2=3), with a cost of C=$680.

The cost function graph is attached.

7 0
3 years ago
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