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VladimirAG [237]
2 years ago
14

On what form would you find information regarding itemized closing costs due to other parties, such as tax assessments, recordin

g fees and attorney's fees?
Business
1 answer:
IrinaVladis [17]2 years ago
7 0

Answer:

Closing disclosure form

Explanation:

Closing disclosure form is a form used in mortgage application that provides a final detail about the mortgage loan being applied for. It is received at least three business days before your closing.

It is usually a five page form that contains information relating to the loan terms , projected monthly payment , interest rate , estate tax and the processing fees to arrived at the closing cost

Other costs that can be found in the closing disclosure form are recording fees, attorney's fees and tax assessment

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Bethea Financial Services had a debit balance of $32,217 in their Fair Value Adjustment account on December 31, 2020. Based on t
kaheart [24]

Answer:

Debit

$14,181

Explanation:

Given:

Fair Value Adjustment account = $32,217 (Debit)

Net unrealized gain = $46,398 (Credit)

According to Fair Value Adjustment account , Debit balance is lower than Credit balance, So they should Debit (Fair Value Adjustment account)

Debit amount = Net unrealized gain - Fair Value Adjustment account

Debit amount = $46,398 - $32,217

Debit amount = $14,181

5 0
3 years ago
Explain the reasons why more efficient keyboards were not able to replace the QWERTY keyboard and what principle this illustrate
ELEN [110]

Answer:

so that people don type to fast again like the 20th centruy people

Explanation:

3 0
3 years ago
What percentage of the 27.3 million businesses in the united states are small companies with less than 500​ employees?
Strike441 [17]
<span>Of the over-27 million businesses, only 18,500 employ over 500 employees. 18,500/27.3mil = 0.0678%, so subtracting that from 100% leaves 99.9322% of all companies having a workforce under 500 employees. These are the "small businesses."</span>
3 0
3 years ago
You have an investment account that started with ​$3 comma 000 10 years ago and which now has grown to ​$6 comma 000. a. What an
zloy xaker [14]

Answer:

The correct answer for option (a) is 7.17% and for option (b) is $48,546.69.

Explanation:

According to the scenario, the given data are as follows:

(a) Present value = $3,000

Future value = $6,000

Time period = 10 years

So, we can calculate the annual rate of return by using following formula:

Rate of return = (( FV ÷ PV)^1/t  -1)

= (( $6,000 ÷ $3,000)^1/10 -1)

= (2)^0.1 - 1

= 1.07177346254 - 1

= .07177 or 7.17%

(b) Present value = $12,000

Rate of interest (r) = 15%

Time period = 10 year

So, we can calculate the Future value by using following formula:

FV = PV × ( 1+r)^t

= $12,000 × ( 1 + 15%)^10

= $12,000 × 4.04555773571

= $48,546.69

8 0
3 years ago
James Corporation is planning to issue bonds with a face value of $505,500 and a coupon rate of 6 percent. The bonds mature in 7
mart [117]

Answer:

4%=$566,697.09  

6%=$505,500

8.5%=$ 439,842.50  

Explanation:

The issue price of the bond can be computed using the pv formula in excel spreadsheet as below:

=-pv(rate,nper,pmt,fv)

the rate is the market of 4% divided by 2

nper is the number of semiannual interest the bonds would pay which is 7 years multiplied by 2 i.e 14

pmt is the semiannual coupon interest on the bond,which is $505,500*6%*6/12=$15165

fv is the face  value repayable on redemption which is $505,500

for market rate of 4%

=-pv(2%,14,15165 ,505500)=$566,697.09  

for market rate of 6%

=-pv(3%,14,15165 ,505500)=$ 505,500.00  

for market interest of 8.5%

=-pv(4.25%,14,15165 ,505500)=$ 439,842.50  

5 0
3 years ago
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