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zmey [24]
4 years ago
9

A property sold for $80,000 and the buyer obtained an FHA insured loan for $77,000, how much money would the buyer pay in discou

nt points the lender charged three points?
Business
1 answer:
arlik [135]4 years ago
7 0

Answer: $2,310

Explanation:Discount points are fees mortgage borrowers can purchase that lowers the amount of interest they have to pay on subsequent payments. Each discount point generally costs 1% of the total loan amount.

From the question, the loan amount is $77,000, discount points are 1% of $77,000 =$770.

Lender charged 3 discount points

= $770 * 3= $2,310

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Suppose that the Anytown city government asks private citizens to donate money to support the town's annual holiday lighting dis
Paha777 [63]

Answer:

O resources are currently underallocated to the provision of holiday lighting in Anytown.

Explanation:

Underallocation occurs when there is a failure to meet e set goals or objectives because insufficient resources were assigned to the project. On the other hand overallocation means excess resources are available to carry out a task.

Anytown city government is asking private citizens to make donations towards the annual lighting display. This implies there was underallocation of resources to the lighting display. If there was sufficient funds the private citizens will not be asked to make donations.

8 0
4 years ago
Darrell lives in a very rural area where price levels have remained low for several years. what does this indicate about demand
melomori [17]

This indicates about the demand for housing in the area is Demand is low.

Demand surely approaches a patron's preference to shop for items and services with no hesitation and pay the price for it. In easy words, demand is the number of goods that the clients are equipped and inclined to buy at several prices at some point in a given time body.

In economics, demand is the amount of a very good that purchasers are willing and able to buy at numerous expenses during a given time frame and region. The connection between charge and amount demand is also called the call for the curve.

Call for may be defined as the amount of a commodity that a customer is ready and willing to buy, at every viable charge, over a given time period.  Crucial factors of demand are quantity, capacity, willingness, prices, and period of time.

Learn more about demand here brainly.com/question/1288364

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7 0
2 years ago
How many pounds of garbage does the average american produce each day
Maslowich

Answer:

5.91 pounds of trash a day

Explanation:

yes

4 0
4 years ago
Read 2 more answers
Drugs affect your _____.
aleksley [76]

Answer:

mind and body

Explanation:

because in medicine also there is drug but taking of unwanted drug is called drug abuse

7 0
4 years ago
Corporate Fund started the year with a net asset value of $14.00. By year-end, its NAV equaled $13.20. The fund paid year-end di
skelet666 [1.2K]

Answer:

What was the rate of return to an investor in the fund?

10%

Explanation:

To calculate the Rate of Return it's necessary to find the variation of the Net Assets Value during the year plus the distributions of income, the result of this it's divided by the Start of Year Net Asset Value.

Rate of Return  = (Var NAV + Distributions) / Start of Year NAV

Rate of Return  =

($13,2 - $14,0) = -$0,80

+ Distributions = $2,2 /

Start of Year NAV = $14,0

Rate of Return  =  (-$0,80 + $ 2,2 ) / $14,0 = 10%

 

8 0
3 years ago
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