12,419,293
an increase of 100,000 = 12,519,293
an increase of 1,000,000 = 13,419,293
a decrease of 10,000 = 12,409,293
Money saved for down payment = 18000
Minimum down payment required by the bank = 11%
Let the maximum price that can be offered be = P
P=163636.36
Hence a maximum price of 163636.36 can be offered for a home that can have a down payment of 18000.
Answer:
-3
Step-by-step explanation:
If you were to graph that function, you would find it looks like the attached image. The y-intercept is -3.
6x
x=10
So replace "x" in 6x with 10 and you get,
6(10)
It can be seen as
6 x 10
and 6 x 10 is 60.
So your answer would be 6x = 6(10) = 60
Answer:
<u>The correct answer is A. A long-term investor, who wishes to hold onto the house for an extended period and rent it out in the meantime.</u>
Step-by-step explanation:
This kind of investment is particularly attractive for long-term investors that are seeking for a predictable and steady return and that are not looking for a short-term big shot. As it is mentioned in the description, for taking full advantage the investor knows in advance that the property will also be rented while it increases its value.
