Answer:
96%
Explanation:
Value of the home: $412,000-Down Payment $16,480 = $395,520
Formula for LTV(Loan to Value Ratio): Loan Amount / Appraised Property Value
LTV: $395,520/$412,000 = 0.96 or 96%
Answer:
Organization is arranging or coordinating especially in a business, society, or association aspect. Examples of organization could be:
1. Arranging a group of people who work in specific studies
2. Taking books by their genre, and putting them together
3. The economic pyramid, is the perfect example of an organization. Defining society by class.
Answer:
The effective annual rate of interest is "10.38%".
Explanation:
The given values are:
Nominal annual interest rate,
Q = 10%
i.e.,
= 0.10
Quarterly compounding,
q = 4
Now,
The effective annual rate of interest will be:
= ![[{1 + (\frac{Q}{q} )}^q] - 1](https://tex.z-dn.net/?f=%5B%7B1%20%2B%20%28%5Cfrac%7BQ%7D%7Bq%7D%20%29%7D%5Eq%5D%20-%201)
On substituting the given values in the above formula, we get
= ![[{1 + (\frac{0.10}{4} )}^4] 1](https://tex.z-dn.net/?f=%5B%7B1%20%2B%20%28%5Cfrac%7B0.10%7D%7B4%7D%20%29%7D%5E4%5D%20%201)
= ![[(1 + 0.025)^4] - 1](https://tex.z-dn.net/?f=%5B%281%20%2B%200.025%29%5E4%5D%20-%201)
= 
= 
= 
On converting it into percentage, we get
= 
%
Answer:
increase by 400 billion dollars
Explanation:
marginal propensity to consume = mpc
tax multiplier = -mpc/1-mpc
from our question we were given mpc to be 0.8
-0.8/1-0.8
= -0.8/0.2
= -4
change in output = -4(-100)
= 400 billion dollars
for a $100 tax decrease, output will increase by $100 billion x 4
= $400 billion
