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3 years ago

15

Frank and Lucy have just been married and trying to arrange to buy a home. Frank makes about $35,000 annual income and Lucy make

s about $45,000 annual income. What is the maximum price they should be willing to pay for a home?

2 answers:

jasenka [17]3 years ago

8 0

Answer:

Its is 200,000, he is right

Explanation:

hram777 [196]3 years ago

5 0

200,000$ is the answer.

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You started your ﬁrst job after graduating from college. Your company offers a retirement plan for which the companycontributes

Nesterboy [21]

Answer:

The correct answer is D.

Explanation:

Giving the following information:

Annual deposit= 5,000*1.25= $6,250

n= 35 years

i= 0.08 annual

To calculate the future value of the retirement plan, we need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= {6,250*[(1.08^35)-1]}/0.08= }$1,076,980.02

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Mademuasel [1]

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In simple words, Enterprise apps are created to bring together a variety of activities and procedures. To facilitate coordination and decision-making, enterprise systems combine a company's major internal business operations into an unified software platform . Supply chains administration software assists a company in managing its relationships with vendors in order to improve product planning, procurement, production, and supply of commodities.

3 0

2 years ago

The first person that answers ill give u 50 brainlist points, brainlist to, stars, and a heart

melisa1 [442]

Hi and I am cool
And thx

6 0

2 years ago

Read 2 more answers

Education is increasingly important for job seekers due primarily to which of the following factors?

Drupady [299]

Answer:

70

Transition to a post- industrial economy

46

Median weekly earnings are higher for those with a college education

Education

De facto segregation

Credential society

Professional degree

Kindergartners learning how to behave in class

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3 years ago

Exodus Limousine Company has $1,000 par value bonds outstanding at 15 percent interest. The bonds will mature in 30 years. Compu

nasty-shy [4]

Answer:

if YTM at 4% price : $2,902.1237

if YTM at 8% price : $1,788.0448

The bonds are above face value asthey offer a higher coupon payment than the market yield therefore the bond holders are willing to pay above theri face value

Explanation:

the market price of the bond will be the present value of coupo payment and maturity:

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 150.000

time 30

rate 0.04

$150 \times \frac{1-(1+0.04)^{-30} }{0.04} = PV\\$

PV $2,593.8050

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 1,000.00

time 30.00

rate 0.04

$\frac{1000}{(1 + 0.04)^{30} } = PV$

PV 308.32

PV c $2,593.8050

PV m $308.3187

Total $2,902.1237

No we repeat the process with the yield at 8%

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 150.000

time 30

rate 0.08

$150 \times \frac{1-(1+0.08)^{-30} }{0.08} = PV\\$

PV $1,688.6675

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 1,000.00

time 30.00

rate 0.08

$\frac{1000}{(1 + 0.08)^{30} } = PV$

PV 99.38

PV c $1,688.6675

PV m $99.3773

Total $1,788.0448

7 0

3 years ago