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4 years ago

How can a poor housing market put home buyers in a financially unstable position?

2 answers:

7 0

<span>Poor housing market put home buyers in a financially unstable position because when the home value decreases, property taxes and insurance costs increases. Though the amount of the housing is at low cost, taxes and insurance companies get competitive and demanding resulting to inflation over the years.</span>

Lubov Fominskaja [6]4 years ago

5 0

Answer:

The answer is C

Explanation:

My teacher looked up the answer this is for plato

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3 years ago

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How does specialization affect an economy more efficient?

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The more they focus on a task the more efficient they become at this task, which means that less time and less money is involved in producing a good.

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3 years ago

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1 year ago

Suppose you can afford to invest $1,000 each month into an account that pays 15% per year. How many years will you need to make

myrzilka [38]

Answer:

Explanation:

Rate per period =15% = 15/12 monthly

Payment(PMT)=$1,000

Future amaount(FV)=$2,000,000

N(years)=?

If input this data into fin calculator, n= 262.27months=262.27/12years=21.86years

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3 years ago

Javier computer services began operations in July 2017. At the end of the company prepares monthly financial statements. It has

defon

Answer and Explanation:

The adjusting entries are shown below:

a. Salaries expense Dr $1,400

To Salaries payable $1,400

(being salaries expense is recorded)

b. Interest expense ($40,000 × 12% × 1 ÷12) $400

To interest payable $400

(being interest expense is recorded)

c. Account receivable Dr $3,000

To Service revenue $3,000

(being revenue is recorded)

These 3 entries should be recorded

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3 years ago