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Alexxandr [17]
3 years ago
10

How many years do you have to live in A house to break even on closing costs

Business
1 answer:
WINSTONCH [101]3 years ago
6 0

Answer:

About 5-7 years.

Explanation:

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Assume you are in the 35 percent tax bracket and purchase a municipal bond with a yield of 5.50 percent. Use the formula present
Debora [2.8K]

Answer:

8.46%

Explanation:

Calculation for the the taxable equivalent yield for this investment

Using this formula

Taxable equivalent yield

=Tax-exempt yield / (1 − Your tax rate)

Let plug in the formula

Taxable equivalent yield=0.055 / (1 - 0.35)

Taxable equivalent yield=0.055/0.65

Taxable equivalent yield=0.0846*100

Taxable equivalent yield= 8.46%

Therefore the taxable equivalent yield for this investment is 8.46%

4 0
3 years ago
Andrew Lighting purchases a factory and all of the equipment, computers, and vehicles within it. Andrew begins production of lam
alexandr1967 [171]

Answer: Factory

Vehicles

Equipment

Explanation:· A fixed asset is a long-term tangible asset a company owns and uses in its production activity to earn an income.

The computer isn't a fixed asset to Andrew because he doesn't use it in his production process.

3 0
3 years ago
Discuss any one Internet-related security issue and one way to resolve the issue.
loris [4]
I think an internet issue is the liberty that people have out there, we gotta know how to control it and a good way to solve it is giving penalties for those who commit bad acts online.
6 0
3 years ago
Read 2 more answers
You have won the lottery. You will receive $2,420,000 today, and then receive 40 payments of $1,210,000 These payments will star
sp2606 [1]

Answer:

The present value of the cash flows from your lottery winnings is $11,132,000.

Explanation:

Present Value of Lottery = $2,420,000

Annuity periods = 40

Present Value of annuity = P ( ( 1 - ( 1 + r / m )^-mt ) / r )

Present Value of annuity = 1,210,000 ( ( 1 - ( 1 + 0.09/2 )^-40 ) / 0.09 )

Present Value of annuity = 1,210,000  x 9.20

Present value of cash flow = $11,132,000

The present value of the cash flows from your lottery winnings is $11,132,000.

7 0
3 years ago
A powerful tool for sizing up the company's competitive assets and determining whether they can provide the foundation necessary
gregori [183]

Answer:

The correct answer is SWOT analysis

Explanation:

SWOT analysis stands for Strength, Opportunities, Threats and Weaknesses analysis, is defined or described as the framework which is used for analyzing as well as identifying the factors of the external and the internal, which have an impact on the product, person or product viability

SWOT analysis is one of the simple and the powerful tool or technique for the sizing up the resources and the capabilities, deficiencies and strengths of the company, its market opportunities as well as the external threats to its well being in future.

4 0
2 years ago
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