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tankabanditka [31]
3 years ago
10

Nancy finally found a house of her dreams and the price looks great. She was told that she needs to hire a home appraiser and a

home inspector and pay for both. Spending additional money on top of other fees and an anticipated down payment and monthly payments is making her very upset. She feels that hiring both is a waste of her money and time. What advice can you give to Nancy? (about 5-6 sentences)
Business
2 answers:
Sergio [31]3 years ago
8 0
Hiring an appraiser is Important because you want to make sure that you have someone who can look professionally at the comps in the area and determine the value of your home this will also affect how much you ensure your home for and if you had any damage to your home or a natural disaster you would want to make sure that you have coverage for the full amount of the value of the home. A professional inspector is a very important when making a decision on buying home because you want to make sure they’re checking all the fixtures they are checking all the piping and electrical cord wiring in the house anything like the roof they could leak or if there’s black mold if there’s cracks in the surface any of those things can be found and if you were to buy the house and find out later you could be out so much money in repairs. The repairs would outweigh the cost of an inspection
stich3 [128]3 years ago
7 0

Answer: Look farther into both options you have, whichever you need the most, pick that one

Explanation:

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What does the term rop stand for at u-haul?
pav-90 [236]

The term ROP for U-Haul means Roll Over Protection which is a service that is offered for rental units of trailers.

6 0
3 years ago
You just won the grand prize in a national writing contest! As your prize, you will receive $500 a month for 50 months. If you c
max2010maxim [7]

Answer:

<u>Prize is $22,071.39 worth today</u>

Explanation:

Present value of Annuity = A*[(1-(1+r)^-n)/r]

A - Annuity payment = 500

r - rate per period = 6/12 = .5%

n - no. of periods = 50

Present value of Annuity = 500*[(1-(1.005)^-50)/.005]

= 500*[(1-0.77928606825)/.005]

= 500*44.14278635

= $22,071.39

3 0
2 years ago
Tallow​, Inc. had reported the following​ balances: LOADING...​(Click the icon to view the 2018 and 2019 ​balances.) 11. Compute
Pachacha [2.7K]

Answer:

Explanation:

Rate of return on common stockholder's equity for 2019:

= (Net Income - Preferred Dividend) / Av. common stockholder's equity

= ($94,000 - $26,000) / $312,000

= $68,000 / $312,000

= 0.2179 or 21.79%

Av. common stockholder's equity 2019 :

Total stockholder's equity 2018 ( Common) = Total stockholder's equity - Stockholder's Equity attributable to preferred

= $318,000 - $22,000

= $296,000

Total stockholder's equity 2019 ( Common) = Total stockholder's equity - Stockholder's Equity attributable to preferred

= $350,000 - $22,000

= $328,000

Av. common stockholder's equity 2019 = ($296,000 + $328,000) / 2 = $312,000

7 0
3 years ago
A storeowner orders 25 calculators that cost ​$4747 each. The storeowner can sell each calculator for ​$5656. The storeowner sol
leva [86]

Answer:

$5,592

Explanation:

Given:

Number of calculators ordered = 25

Cost of each calculator = $4747

thus,

Total cost of the calculators ordered = 25 × $4747 = $118,675

Selling cost of each calculator = $5656

Number of calculators sold = 22

Total revenue = 22 ×$5656 = $124432

Number of calculators returned = 3

Charges for returning the calculator = $55

Total charges for returning the calculators = 3 × $55 = $165

Now,

The total profit

= Total revenue - Total cost of the calculators - Total charges for returning

= $124432 - $118,675 - $165

= $5,592

6 0
3 years ago
During the year, Patriot Partners had $245,000 in revenues, $120,000 and expenses, and $40,000 in declared dividends. What was P
Bezzdna [24]

Answer:

Patriots net income for the year = $245,000

Explanation:

Data provided in the question:

Revenue of Patriot Partners during the year = $245,000

Expenses of Patriot Partners during the year = $120,000

Declared dividends by Patriot Partners = $40,000

Now,

The Patriots net income for the year will be

= Revenue of Patriot Partners - Expenses of Patriot Partners

or

Patriots net income for the year = $245,000 - $120,000

or

Patriots net income for the year = $125,000

3 0
3 years ago
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