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
lana66690 [7]
2 years ago
5

) The real estate agent in your city advertises a house for $195,000 at 6.25 percent interest for 17 years. You are interested i

n learning more about your responsibilities if your family buys it. You learn that insurance will be $1,080 and taxes will be $1,252 per year. How much will your monthly payment be?
Business
1 answer:
Makovka662 [10]2 years ago
4 0

Answer:

The mortgage payment will be of $1,554.24

The total payment related to the house will ascend to $3,886.24

Explanation:

Mortgages payments:

PV \div \frac{1-(1+r)^{-time} }{rate} = C\\

PV 195,000

time 204 (17 years x 12 months per year)

rate 0.005208333 (0.0625 annual / 12 month per year)

195000 \div \frac{1-(1+0.0052083)^{-204} }{0.0052083} = C\\

C  $ 1,554.239

TO this payment ewe add the insurance and the taxes:

1,554.24 + 1,080 + 1,252 = 3,886.24‬

You might be interested in
Why is the zero-based budget the most effective type of budget?.
sasho [114]

The zero-based budget is the the most effective type of budget because its keeps the firm aware of how much money is flowing in and out.

<h3>What is a zero-based budget?</h3>

A zero-based budget means a method of budgeting where all the expenses must be explained for each new period.

The zero-based budget is very important because its process ensure that that is a justification for all operating expenses and areas that company are generating revenue.

In conclusion, the zero-based budget is the the most effective type of budget because its keeps the firm aware of how much money is flowing in and out.

Read more about zero-based budget

<em>brainly.com/question/24950624</em>

6 0
2 years ago
Taylor Company began manufacturing operations on January 2, 20X1. During 20X1 Taylor reported pre-tax book income of $150,000 an
aleksley [76]

Answer:

$11,300

Explanation:

The computation of the deferred tax asset is shown below:

= 21%(20X2 Expense) + 25%(20X3 and 20X4 Expense)

= 21%($30,000) + 25%($15,000) + 25%($5,000)

= $6,300 + $3,750 + $1,250

= $11,300

3 0
3 years ago
Third-Party Woes. Trudy owed Sam $40 for a book she purchased from him. Trudy mowed Betty's yard for $40 and agreed with Betty t
Blizzard [7]

Answer:

Refer below.

Explanation:

Answer is intended both & Done.

6 0
3 years ago
Rancher Hiram Walker purchased Rose, a cow, for $850 in the hope that she would breed calves. After several years of effort, Wal
Furkat [3]

Answer: Mutual mistake

Explanation:

A mutual mistake in a contract is a situation that arises when the parties in a contract make the same mistake in reference to a significant fact in the contract. i.e., they are mutually ignorant of a fact of the contract.

Had they both known about that mistake, they might not have gone into the contract so the contract is voidable in this scenario.

Both Walker and Sheerwood were mutually mistaken about the fact that Rose was pregnant when they went into the contract so this contract is voidable by this theory.

8 0
2 years ago
Three admission test preparation programs are being evaluated. Suppose the scores obtained by a sample of 20 people who used the
S_A_V [24]

Use the Kruskal-Wallis test to determine whether there is a federalism difference among the three test preparation programs. Use = 0.05.
State the null and alternative hypotheses Reconstruction.

Reconstruction failed by most other measures: Radical Republican legislation ultimately failed to protect former slaves from white persecution and failed to engender fundamental changes to the social fabric of the South. When President Rutherford B. federalism debate that had been an issue since the 1790s almost mediately . Hayes removed federal troops from the South in 1877, former Confederate officials and slave returned to With the support of a conservative Supreme Court, these newly empowered white southern politicians passed black codes, voter qualifications, and other anti-progressive legislation to reverse the rights that blacks had gained during Radical Reconstruction. The U.S. Supreme Court bolstered this anti-progressive movement federalism  with decisions in the Slaughterhouse Cases, the Civil Rights Cases, and federalism United States v.

Learn more about Reconstruction on:
brainly.com/question/24761999

#SPJ1

3 0
1 year ago
Other questions:
  • Consider a no-load mutual fund with $400 million in assets, 50 million in debt, and 15 million shares at the start of the year a
    10·1 answer
  • The coordinating conjunctions that can be used to combine two complete sentences with a comma are âfor, and, nor, but, or, yet,
    5·1 answer
  • Discuss how SAS has been successful in cultivating and enhancing employees skills. In what ways are SAS’s organizational approac
    11·1 answer
  • ABC Medical Technology, a fast-growing global research firm, has accumulated so much client information that conventional databa
    5·1 answer
  • You want to search for articles that discuss the role of nature in the poetry of Emily Dickinson. You're specifically interested
    10·1 answer
  • What would happen if your boss at the bookstore asked you to decrease some of the business' variable costs
    14·1 answer
  • 8. Which factor is considered the most critical in determining where customers choose to shop?
    14·1 answer
  • When your bank or credit card company sends you a notification of changes in how it collects or shares data, it is sending that
    12·1 answer
  • __________ refers to phishing with a specific, high-value target in mind. for example, the attacker may target the president or
    11·1 answer
  • lee reed, marisa a. pagnattaro, et al., the legal and regulatory environment of business (18th or 19th edition mcgraw-hill irwin
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!