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
sergiy2304 [10]
3 years ago
6

A homeowner paid $85,000 for a house three years ago. The house sells today for $110,000. How much has the property appreciated?

a) 29%b) 25%c) 28%
Business
1 answer:
Dima020 [189]3 years ago
6 0

Answer:

Option (a) is correct.

Explanation:

Amount paid for house three years ago = $85,000

Selling price of house today = $110,000

Therefore,

Property appreciated by following percentage:

= (change in value ÷ Amount paid for house three years ago) × 100

= [($110,000 - $85,000) ÷ $85,000] × 100

= ($25,000 ÷ $85,000) × 100

= 0.2941 × 100

= 29.41%

You might be interested in
Types of long term insurance offered by outsurance
SSSSS [86.1K]
The types of long term insurance offered by outsurance are :
- Death insurance
- Out of the office insurance
- Disability Cover
- Building Insurance
- Etc

hope this helps
8 0
3 years ago
Read 2 more answers
Which of the following was a way that wartime industry shifted in the years following the war to promote economic prosperity and
Lisa [10]

Answer: a. The government shifted its resources from defense spending to helping big industries like the auto industry.

Explanation:

The era after the second world war saw massive government spending in the American economy. The government invested heavily in construction, education, the auto industry and others.

This led to unparalleled prosperity as Americans enjoyed high employment and high growth rates which led to high consumption and investments such that the American economy surged forward in leaps and bounds.

7 0
3 years ago
Name three traits of a target audience
timofeeve [1]
It's Gender,Age,<span>Parental Status,and Income Level.

</span>
8 0
3 years ago
Read 2 more answers
Identify and explain the four primary types of taxes that businesses pay
DENIUS [597]

Answer

Hi,

They are; income tax, self-employment tax, employment tax and Excise tax

Explanation

All businesses are expected to file income tax return on yearly basis. Some pay taxes as they earn the income. The self-employment tax is imposed to contribute to social security and health care cover for a person who works for him or herself. Employment taxes are a mandatory to employers who are required to pay it to cover social security and healthcare taxes and federal unemployment tax for the workers. Some businesses are levied excise tax depending on the goods sold or manufactured, the type of business operation and the type of equipment and products used.

Best wishes!

3 0
3 years ago
A​ check-processing center uses exponential smoothing to forecast the number of incoming checks each month. The number of checks
Liula [17]

Answer:

a. 41.6 million

b. 42.28 million

Explanation:

A) GIven

forecast in june = Sjune = 42 million

Checks recived in june = Xjune = 40 million

Smoothing constant = a = 0.2

So for july

Sjuly = a*Xjune + (1-a)*Sjune

=0.2*40 + (1-0.2)*42 million

=8+33.6 = 41.6 million

B) forecast in july = Sjuly = 41.6 million

Checks recived in july = Xjuly = 45 million

Smoothing constant = a = 0.2

So for August

Saugust = a*Xjuly + (1-a)*Sjuly

=0.2*45 + (1-0.2)*41.6 million

=9+33.28 = 42.28 million

<em>Note: This uses an exponential smoothing to forecast the results, but from the number of checks recived we see that it increases linearly. So we need a linear forecasting method .</em>

5 0
3 years ago
Other questions:
  • EB11.
    8·1 answer
  • Financial literacy includes information about income, banking, loans, and credit cards.
    6·2 answers
  • A private partnership whose shares are primarily offered to wealthy individuals and large institutions and which often makes hig
    12·1 answer
  • Max Weber argued that the ascetic principles embedded in ________ do not encourage entrepreneurial activity in pursuit of wealth
    10·1 answer
  • What is a hallmark of assembly lines in Henry Ford's time?
    12·1 answer
  • An important effect of agglomeration economies on real estate is its impact upon market risk. Based on your understanding of thi
    9·1 answer
  • KLA Company provided the following data for 2018: sales, $800,000; beginning inventory, $40,000; ending inventory, $45,000; and
    9·1 answer
  • The following information is available for Lock-Tite Company, which produces special-order security products and uses a job orde
    14·1 answer
  • Mega corp.has $10,000 in net income and $40,000 in sales. What is mega corp.’s profit margin?
    12·1 answer
  • Suppose a drought in australia has seriously impaired agricultural productivity. How would that impairment in productivity affec
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!