Answer:
the value of the home after 12 years =$275,165.60
Step-by-step explanation:
To find value of appreciation after 12 years
We apply exponential growth formula
Where a represents the initial amount (purchased amount)
a= 182,100
r = rate of interest ( appreciation percentage) = 3.5% = 0.035
x represents the time period= 12 years
Plug in all the values
y= 275165.6025027724
y=$275165.60
Answer:
A and C falls within the range.
Step-by-step explanation:
Have a nice day!
Answer:
3/8 (Decimal: 0.375)
Step-by-step explanation:
Answer:
B.
Step-by-step explanation:
The purpose of establishing a good credit history is to show that you are able to handle money. The higher your credit score is, the more responsible you are with money.
You can build good credit history by making payments with a credit card and repaying your purchases. It shows that if the bank were to give you a larger sum of money, you would pay it back.
As such, B is incorrect. The purpose of credit relates to purchases. A is obviously correct for this reason. C is correct because banks are likely to put less interest, as interest correlates to the score (lower credit score, higher interest). D is correct because banks allow you to obtain credit cards with better rates if your credit score is high enough.
Employers cannot determine your qualification for a job based on a credit score. Some states even prohibit this. For this reason, B is incorrect.
