Answer:
A $30,000 payment the seller will receive from this closing.
Explanation:
The debit column represents the money the seller is receiving from this sale (seller's proceeds).
All the debit's correspond to money received by the seller (e.g. earnest money), while the credits correspond to payments carried out by the seller (e.g. any fees paid by the seller).
So if there is some amount that need to be debited at the end, it can only be money that the seller should receive.
Answer:
<u>Monthly housing payment 2,033.22</u>
Explanation:
We need to calculate the monthly cuota of the mortgage
It will be the cuota of a 30 year annuity at 7.5 rate
We should convert the year in month and the rate in monthly, because the payment are monthly.
time= 30 year so 30 x 12 = 360 months
rate = 0.075 / 12 = 0.00625 monthly
Present Value = 225,000
C = $1,573.23
Now we will calculate the propert taxes, insurance per month
2,050 / 12 = 170.83
530 / 12 = 44.16
1,573.23 + 170.83 + 44.16 + 245 = 2,033.22
quantity because really good weather would help more crop grow
Answer:
$10,400
Explanation:
he cost of the cost sold is the total cost sold in a particular year. the cost of goods sold COGS is calculated using the formula
COGS = opening stock + purchases(total manufacturing costs) - closing stock.
In the case, the opening stock is 0
closing stock 11,00 units
cost of good sold = $3800
average cost per unit = $6
Cost = $3800
cost of closing stock = 1,100 x $6 = $6,600
Therefore: $3,800= 0 +TMC - $6600
Total manufacturing cost = $3800 + $6600
=$10,400
The balance increase for the investments made by Enrique, between years 62 and 68 will be $14,871.
<h3>What is an investment?</h3>
A monetary engagement, with an intention of getting the required or expected rate of return over a predetermined financial period, is known as an investment.
The return for Enrique's investment at the age of 62 years will be,
Similarly, the investment value at the age of 68 years will be $40,210.
So the increase in the investment value between these years will be,
40210-25339=$14,871.
Hence, the value of Enrique's investment is as computed above.
Learn more about investment here:
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