1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
laila [671]
3 years ago
11

Mr. Coffey bought a house for $195,000. He made a 20% down payment. The interest rate is 5.25% for 30 years.How much was Mr Coff

ey's down payment (in dollars)?
Business
1 answer:
s344n2d4d5 [400]3 years ago
4 0

Answer:

$39,000

Explanation:

Down payment refers to the amount that Mr. Coffey paid upfront at the time of purchasing the house. It is usually a percentage of the total cost and is paid in a lump sum.

In this case, Mr. Coffey 20 % of the cost of the house

i.e., 20% of $195,000

=20/100 x $195,000

=0.2x$195,000

=$39,000

You might be interested in
Jimmy John's sandwiches claim to have "Freaky Fast" delivery. This ________, which refers to the place a product occupies in con
Salsk061 [2.6K]

Answer:

D) Product Positioning

Explanation:

Product positioning is the process used by marketers to communicate about their products to targeted customers. They focus primarily on the needs of the customers, availability of the channels for communication and attributes of the products. It enables the target customers to receive all the messages and update regarding the business and ask them to take the necessary steps accordingly.

7 0
3 years ago
Monty has launched a company with the help of crowdfunding. He wants to secure the computer algorithm that he uses in his primar
ohaa [14]

Answer: A. Utility Patent

Explanation:

Generally speaking there are 3 types of patents including Utility, Design and Plant Patents.

The relevant patent here however is the Utility Patent.

Utility Patents enable the protection of a NEW and USEFUL process, product or machine. It is essentially meant to protect inventors and their invention from others who may seek to use the invention in any way without permission.

Algorithms fall under this patent as well and as such it is best that Monty uses it.

7 0
3 years ago
Pes
lakkis [162]

Answer:

ushsj

Explanation:

bshshshhdshshshhshdbshjdjdkdjddjjdndndndnfnfkdk

8 0
3 years ago
Cracking the Sales Management Code: The Secrets to Measuring and Managing Sales Performance is a Book by _______ and _______.
blagie [28]

Cracking the Sales Management Code: The Secrets to Measuring and Managing Sales Performance is a Book by Jason Jordan and Michelle Vazzana.

Explanation:

The cracking of the Sales Management Code addresses the realistic aspects of sales management in the new era and fills a gap. "Cracking the Sales Management Code fills this hole by providing basic information about the functioning of the sales force.

Improve sales by nullifying metrics which are relevant most, "sales may be an art, but sales management is a science. Crashing the Sales Management Code exposes research and offers practical steps to recognize benchmarks needed to succeed."

7 0
4 years ago
Sheridan Repair Shop had the following transactions during the first month of business as a proprietorship. Journalize the trans
Andre45 [30]

Answer: Explanation:

We debit the contributed assets and credit the capital account

cash          11,290 debit

equipment 2,740 debit

    capital account           14,030 credit ( 11290 + 2740)

we debit the asset and recognize the payable amount

supplies       450 debit

   account payable       450 credit

we debit the assets and credit the revenue

cash                       1,303 debit

account receivable 689 debit

             service revenue     1,992 credit (1303 + 689)

we debit the expense and credit the asset we use to pay it

rent expense      634 debit

       cash                           634 credit

we debit the expense and credit the consumed asset

supplies expense     187 debit (450 purchase - 263 at hand)

               supplies            187 credit

8 0
3 years ago
Other questions:
  • What is considered a necessary loan
    7·1 answer
  • Jeremy owns a muffler shop in a large city. He provides services such as muffler repair, replacement, and minor car repair work.
    5·1 answer
  • You bought one of Great White Shark Repellant Co.’s 8 percent coupon bonds one year ago for $1,044. These bonds make annual paym
    9·1 answer
  • _____ is used to coordinate supply chain members through point-of-sale (POS) data sharing and joint planning. a. Confidentiality
    13·2 answers
  • Red Co. recorded a right-of-use asset of $100,000 in a 10-year finance lease. Payments of $16,275 are made annually at the end o
    10·1 answer
  • Catherine received a significant amount of traffic to her online pet store after launching her Display campaign. Unfortunately,
    13·2 answers
  • 16. A type of card that allows the card holder to spend a certain amount of money without ever having to pay it back?
    11·1 answer
  • McDonald's is a major company in the restaurant business
    9·1 answer
  • What is the term that slaves used for the voyage across the atlantic?
    7·1 answer
  • Classify the type of data analytics ​(descriptive, diagnostic,​ predictive, prescriptive, or adaptive and​ autonomous) being use
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!