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kow [346]
3 years ago
12

You have been asked to appraise the market value of a three-bedroom house with two bathrooms that is going to be sold tomorrow.

You have found a comparison property that sold for $275,000 four weeks ago. It has three bedrooms and three bathrooms. You estimate values have been decreasing at a rate of $2,000 per week since that property transacted. Each bedroom is worth $30,000 and a bathroom is worth $15,000 in the respective market.what is your best estimate of the market price of the subject property tomorrow?
Business
1 answer:
Vladimir [108]3 years ago
3 0

Answer: $252,000

Explanation:

Property worth $275,000, 4 weeks ago had 3 bedrooms and 3 bathrooms.

House to be appraised has 3 bedrooms and 2 bathrooms meaning it has one less bathroom than the other house.

Value of bathroom is $15,000 so;

= 275,000 - 15,000

= $260,000

House to be appraised was worth $260,000 4 weeks ago.

Prices have been reducing at $2,000 per week for four weeks.

= 2,000 * 4

= 8,000

Value of house = 260,000 - 8,000

= $252,000

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Harrington Corporation produces three products, A, B, and C. Pertinent information on these products is as follows: ProductSelli
Over [174]

Answer:

Labour hours constraint :  2a + 2b + 3c ≤ 150

Explanation:

<em>Linear programming is a mathematical model that is used to solve a problem when a firm wants to maximize profit in the midst of multiple resource constraints.</em>

The following steps should be followed:

<em>Step 1: Define the variables</em>

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<em>Step 2: Define the constraints:</em>

The constraints represent the limitations which could be resource; in this case machine hours and direct labour hours. Since the constraint in focus is labour hours , so we only consider it.

Subject

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Since the total available labour hours is 150 hours then the total consumption hours can either be equal to or less than 150, but can never be higher than 150.

The labour hours constraint  is represented by 2a + 2b + 3c ≤ 150

8 0
3 years ago
Samantha, who is single and has MAGI of $36,000, recently was employed by an accounting firm. During the year, she spends $1,650
jek_recluse [69]

Answer:

a) $0

b) $4,000

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a)

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So, Samantha can deduct $0.

b)

Under section 222 of IRS Code, maximum amount of deduction allowed to tax payer (whose adjusted gross income is less than $65,000) on account of tuition fees and other education expenses is $4,000.

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Hope this helps!

7 0
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When people have more money and eagerly spend it, this increases
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Explanation:

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2 years ago
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RideAnS [48]

Answer:

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7 0
3 years ago
Read 2 more answers
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