Answer:
It can take a mortgage up to 90,819 dollars
Explanation:
1,300 per month
-300 maintenance and other cost
1,000 per month
What is the PV of an annuity of 1,000 dollars
C 1000 (proceeds from the rent)
time 240 (20 year x 12 month per year)
rate 0.01 ( 12% / 12 months = 1%)
PV $90,819.4163
It can take a mortgage up to 90,819 dollars
Answer:
The correct answer is (B)
Explanation:
This is an example of an overly formal language. Overly formal language and formal language are almost similar, but it is recommended to use formal language to better deliver a message or to communicate with a client. The nouns used in the sentences by Christian are overly formal. Overly formal language is difficult to understand due to word choice.
If the poverty threshold for a family of four with two
children was $18,850 in 2004, then a family earning a total household income of
$354 per week would be counted as poverty-stricken because the family
would only get $18,408 per year and that is less than $18,850.
Answer: $646,000
Explanation:
Cash payment for the month of September
August pmt = $610,000x 70%= $427,000
September pmt = $730,000 x 30%= $219,000
Total payment in September = $427,000 + $219,000 = $646,000
