Answer:
b. contains no positive statements.
Answer:
8.89%
Explanation:
The answer is 8.89%
Here is how we arrived at this.
Dividend = 1$ times 4
= $4 annually
Then we calculate for the nominal rate of return.
This is equal to dividend / price.
= $4/ $45
= 0.0889
To convert this to percentage
0.089 x 100
= 8.89% is the nominal annual rate of return.
Answer:
A late fee will be charged.
Explanation:
hope this helped
Answer: The total using monthly housing payment is 1371.01.
The monthly payment on a house usually comprises of four parts - principal, interest, taxes and insurance. Even though taxes and insurance are due only once a year, most home loan lenders require that these amounts be deposited in an escrow account . They then transfer the amounts to the respective agency when the amounts fall due. So, the value of monthly payment is:

We need to calculate the EMI on the housing loan. This will cover the monthly payment on principal and interest





Next we calculate the monthly property taxes and insurance
Monthly property taxes
Property insurance 
Hence the total housing payment is : 