Answer:
$73,500
Explanation:
the man needs enough money to cover:
- down payment = $325,000 x 20% = $65,000
- closing points = $325,000 x 2% = $6,500
- closing costs = $2,000
- total = $73,500
The closing points are generally paid to the mortgage lender in order to lower the mortgage's interest rate which will result in a lower monthly payment.
Answer:
The correct answer is letter "D": Accounts receivable ledger.
Explanation:
The accounts receivable ledger is the part of the accounting book of a company where all the credits sales are recorded. This ledger includes the amounts invoiced to consumers that have not been paid yet (accounts receivable) as well as the <em>credit memos</em>. The latter are registered when the payment has not been paid in full after the account receivable was due, so the outstanding amount can be eliminated.
Answer:
The answer is: Candyland's GDP for 2017 is $910
Explanation:
All final and legal products and services produced during the year should be included in the GDP.
Candyland's total production of final goods during 2017 was:
- 150 candy bars at $3 each = $450
- 80 bags of caramels at $2 each = $160
- 30 solid chocolate bunnies at $10 each = $300
So Candyland's GDP for 2017 is $450 + $160 + $300 = $910
Answer: will lie above the marginal product curve for the firm with less capital.
Explanation:
Capital is needed to produce goods and services and ideally speaking, when more capital is invested, more goods and services will be able to be produced because more should bring in more.
It is the same case here, if the companies are similar in everything except capital invested, the company with more capital will be able to produce more goods and services which will lead to their marginal product curve lying above the marginal product curve of the company with less capital.
Answer:
It is common practice among currency traders worldwide to both price and trade currencies against the U.S. dollar. If a currency dealer who makes a market in 5 currencies against the dollar. If he were to supply quotes for each currency in terms of all of the others, he would have to provide 30 different quotes. There are 6 total currencies including U.S. dollar, therefore, he would be providing 5 different quotes for one single currency, therefore, to provide quotes for 6 currencies, he would have to provide 30 different quotes as six multiplied by 5 comes 30.