During the decoding process, the:

A good rule is to spend no more than 25-30% of your _______ income on housing.

erica [24]

<span>A good rule is that you will sno more than 25 - 30% of your gross income. You ought to spend close to 30 percent of your pay on lodging. You may hear that dependable guideline from a monetary counselor or parent, a landowner or bank. It's implanted in online spending adding machines and government approaches. The standard business proposal for contract installments is that close to 30 percent of your gross salary ought to go to your regularly scheduled installments.</span>

5 0

3 years ago

Read 2 more answers

What is the purpose of insulation

Crazy boy [7]

The purpose of insulation is to slow the rate of heat transfer.. in cold climates, it is intended to stop the flow of heat out of the building. In hot climates, it’s purpose is to slow the movement of heat into the building.

3 0

4 years ago

Helen, a principal real estate broker, received a $5,000 check as a deposit with an offer to purchase on Monday. There was no st

Sphinxa [80]

Answer:

According to Oregon's administrative rules for real estate brokers, Helen has three business days to deposit the $5,000 check she received as deposit for the purchase offer.

She can deposit the check in her client's trust account or in a neutral escrow depository.

She has to decide on which account she will deposit the check by Thursday (end of the third business day deadline).

4 0

4 years ago

On January 1, 2019, the balance in Tabor Co.'s Allowance for Bad Debts account was $13,177. During the first 11 months of the ye

Aleks [24]

Answer:

Th etotal accounts written off during 11 months is $ 24,677

Explanation:

Computation of amounts written off

The movement in the allowance account is as per the following formula

Opening balance + Bad Debts Expense - Amounts written off = Ending balance

$ 13,177 + $ 21,273 - Amounts written off = $ 9,773

By solving the equation

Amounts written off = $ 13,177 + $ 21,273 - $ 9.773 = $ 24,677

In other words, the bad debts expense for the year plus the movement in the allowance balance represents the amounts written off

6 0

3 years ago

You are planning to save for retirement over the next 25 years. To do this, you will invest $760 a month in a stock account and

Kisachek [45]

Answer:

The amount that you can withdraw each month from your account assuming a 20-year withdrawal period is:

= $8,860.36.

Explanation:

a) The future value of $760 invested monthly at 9.6% per annum for 25 years is:

= $949,787.51

b) The future value of $360 invested monthly at 5.6% per annum for 25 years is:

= $235,764.89

c) Total future value of savings = $1,185,552.40 ($949,787.51 + $235,764.89)

d) The amount that can be withdrawn monthly = $8,860.36

See calculations below:

N (# of periods) 300

I/Y (Interest per year) 9.6

PV (Present Value) 0

PMT (Periodic Payment) 760

Results

FV = $949,787.51

Sum of all periodic payments $228,000.00

Total Interest $721,787.51

N (# of periods) 300

I/Y (Interest per year) 5.6

PV (Present Value) 0

PMT (Periodic Payment) 360

Results

FV = $235,764.89

Sum of all periodic payments $108,000.00

Total Interest $127,764.89

N (# of periods) 240

I/Y (Interest per year) 6.6

PV (Present Value) 1185552.40

FV (Future Value) 0

Results

PMT = $8,860.36

Sum of all periodic payments $2,126,487.18

Total Interest $940,934.78

8 0

3 years ago