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Ratling [72]
3 years ago
14

Gary has an 80% LTV loan on his new $318,000 townhome with an annual interest rate of 4.125%. What’s his interest payment the fi

rst month?
Business
1 answer:
Mumz [18]3 years ago
3 0

Answer:

interest amount = $874.50

Explanation:

given data

LTV loan = 80%

amount =  $318,000

interest rate = 4.125% = 0.04125

to find out

interest payment the first month

solution

first we get here loan amount  that is

loan amount = 80% of $318,000

loan amount = $254,400

now we get here interest amount for 1st month that is

interest amount = loan amount × interest rate  × time period

put here value

interest amount = $254,400  × 0.04125 × \frac{1}{12}

interest amount = $874.50

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Compute the 2019 standard deduction for the following taxpayers.a. Ellie is 15 and claimed as a dependent by her parents. She re
tino4ka555 [31]

Solution:

a. Ellie is limited to the amount of 2230 (the sum of income earned for the year plus 350) when she files her own tax return.

= $1,880 + 350

Ellie is limited to the great of 2230.

b. The additional standard deduction of 1250 or 1550 is provided to people who are 65 and over or blind in 2017 based on the filing status.  

The standard allowance of ruby and Woody shall be 12600 (commonly married) plus 1250 additional allowances of ruby aged sixty-five years old and 1250 additional allowances for Woody aged sixty-five.

= $12,170 + 1250 + 1250 = 14,670

c. Shonda is limited to more than 500 (the total amount of the $150 income earned for the year plus $350) when filing her personal tax return.  

This limitation only extends to the "simple" deduction norm.  

The regular extra deduction number on your refund is provided to a person who is 65 or older or blind.

Therefore, Shonda's standard deduction is 2050 (500+1550).

d. Frazier can not use the standard deduction and should therefore specificity as his wife itemizes.

3 0
3 years ago
The yurdone corporation wants to set up a private cemetery business. according to the cfo, barry m. deep, business is "looking u
Advocard [28]

Answer:

Net Present Value for this project is -411,111.11

Explanation:

Net Present Value is the difference between present values of future cash flows and present value of future cash outflows. Since, the outflows are paid today, we don't need to discount them.

Since we have indefinite period of time and expected net cash inflow of 107,000$ after first year, where it is expected to grow annually at 3%, we can use following formula:

P V = F V / i-g, where g is annual growth rate of future cash inflow. Therefore, we will have P V = 1,188,888. In order to calculate N P V we need to calculate the difference between P V and initial investments. Finally, we get -411,111.11

6 0
3 years ago
An online clothing boutique decides to install a web or Internet cookie in the browser of each user who visits its site. The pur
____ [38]

Answer:

a practice that may have longer term implications on the ethics of personal privacy

Explanation:

Cookies are a tool that is used on websites to identify user browser history.

The information on a user's browsing habits is then used by businesses to tailor display information relevant to what they are usually interested in.

Usually they are a safe way to improve browsing experience, but they can be used by criminals to spy on people and gain unwanted access to their data.

Cookies save information about a user session by storing data like usernames.

There is a long term danger of having one's browsing history tracked without their consent

6 0
3 years ago
Markland Manufacturing intends to increase capacity by overcoming a bottleneck operation by adding new equipment. Two vendors ha
Veseljchak [2.6K]

Answer:

Proposal A: 5,455 units

Proposal B: 5,770 units

Explanation:

The break-even point is the number of units required for the revenue to equal the total costs.

For proposal A:

Fixed Costs = $60,000

Variable Costs = $13 / unit

Selling Price = $24 / unit

(P-VC)*n-FC = 0\\(24-13)*n-60,000 = 0\\n=5,454.5\ units

For proposal B:

Fixed Costs = $75,000

Variable Costs = $11 / unit

Selling Price = $24 / unit

(P-VC)*n-FC = 0\\(24-11)*n-75,000 = 0\\n=5,769.2\ units

Rounding up to the next whole unit, the break-even points for proposal A and B, respectively, are 5,455 and 5,770 units.

3 0
3 years ago
Transactional leadership ______.
borishaifa [10]

Answer:

Letter c is correct. <em><u>Is found in the bulk of leadership models.</u></em>

Explanation:

The transactional leadership style is characterized by organization, supervision and performance. It is a common leadership model in most leadership models because it is based on goal achievement.

The leader behaves like a boss, requires compliance with organizational standards, and analyzes the performance of each employee to determine the matching reward. Transactional leadership is compared to the principles of Scientific Management, there are no concerns of the manager with motivational factors that influence the team, but with the fulfillment of demands and optimal organizational flow.

Despite being a less flexible leadership model, the benefits of the model are gained through the performance reward system, which positively influences employee productivity.

6 0
3 years ago
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