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Monica [59]
3 years ago
6

What are closing costs?

Business
2 answers:
AlekseyPX3 years ago
4 0
I think it would be c
WITCHER [35]3 years ago
3 0

The answer is<u> "C) various fees paid when a home purchase is finalized".</u>


The term "closing costs" incorporates an assortment of costs over the price tag of your property, for example, charges for a lawyer, a title seek, title protection, charges, bank expenses and some forthright lodging costs, for example, mortgage holders protection. A portion of those expenses are nonnegotiable, for example, recording or exchange charges charged by your state or nearby government. Others, for example, your loan specialist's expense, can be arranged. You may likewise have the capacity to consult with the home seller or your bank to cover a portion of your closing costs.

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Fiscal policy refers toa.changes in the interest rate.b.changes in the money supply.c.changes in the amount of physical capital
myrzilka [38]

the answer is d. discretionary changes in government spending and taxes

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3 years ago
The day after you said goodbye
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8 0
3 years ago
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Kirov, Inc. reports credit sales of $200,000 for the year ending December 31. The year-end unadjusted balance of its Allowance f
zubka84 [21]

Answer:

The correct answer is: $12,000

Explanation:

uncollectible debt = 6% of net sales

= 6/100 × 200,000

= 0.06 × 200,000 = $12,000

Therefore, $12,000 will be removed (debited) from the bad debt expense because it is uncollectible, and it is added (credited) to the Allowance for Doubtful accounts as bad debt to be paid for in the bad debt reserve account.

7 0
3 years ago
Susan saved $5000 per year in her retirement account for 10 years (during age 25-35) and then quit saving. However, she did not
sladkih [1.3K]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Susan:

Annual deposit= $5,000 for 10 years

Lumo-sum for 30 years

Interest rate= 8.5%

Jane:

Annual deposit= $5,000 for 30 years.

<u>First, we will calculate the future value of Susan:</u>

<u></u>

First 10 years:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= {5,000*[(1.085^10)-1]}/0.085

FV= $74,175.50

Last 30 years:

FV= PV*(1+i)^n

FV= 74,175.50*(1.085^30)

FV= $857,050.14

<u>Jane:</u>

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= {5,000*[(1.085^30)-1]}/0.085

FV= $621,073.63

<u>Earnings difference= 857,050.14 - 621,073.63= $235,976.51 in favor of Susan.</u>

8 0
3 years ago
1. To gain profit and earn a living.​
liraira [26]

Answer:

what is your question though? I don't understand

8 0
3 years ago
Read 2 more answers
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