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neonofarm [45]
3 years ago
9

Alyssa's monthly mortgage costs are lower than those of her neighbor, Steven. Steven doesn't understand how this is possible bec

ause Alyssa paid more money for her house. What could be the reason for this difference in costs?
Business
2 answers:
Mice21 [21]3 years ago
8 0

Answer:

Alyssa got a better interest rate on her loan

Explanation:

Those who have a property registered in their own name and need money, can mortgage the house or apartment to raise this money. The mortgage, also called real estate refinancing, is a loan that has as payment guarantee a property already paid.

For this reason, banks that refinance charge lower interest rates than personal loan or overdraft fees, for example, which do not have a collateral. The better the interest rate on the homeowner's loan, the lower the monthly mortgage costs, regardless of the value of the home.

Alyssa obtained a better interest rate on her loan for that reason, the monthly costs of her mortgage are lower.

wolverine [178]3 years ago
7 0
Alyssa could simply have put down more cash than Steven did when they respectively bought their houses. Also different financial institutions have different policies, so based on that principal Steven could be taking out a mortgage loan from an institution with insanely high interest rates, etc.
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Preparing a Selling and Administrative Expenses Budget Fazel Company makes and sells paper products. In the coming year, Fazel e
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<u>Solution and Explanation:</u>

<u>The following is the selling and administrative expense structure of the Fazel company for the year. According to the given information and the data:</u>

The Variable selling expenses (19730000* 3%)                 591900

The Fixed Expenses  

The Salaries expense              960000  

The Utilities expense              365000  

The Office space expense         230000  

The Advertising expense         1200000  

The Total Fixed expense                                                  2755000

The Total selling & admin Expense                                  3346900

<u>Note:</u> the variable expense is calculated by multiplying the total sales given in the question with the percentage of the commission given

5 0
3 years ago
Assume that GDP per capita for two countries is displayed in plot with a ratio scale on the y-axis and a linear time scale (in y
jenyasd209 [6]

Answer:

The correct answer that fills the gaps are: constant ; increasing.

Explanation:

GDP per capita, income per capita or income per capita is an economic indicator that measures the relationship between the level of income of a country and its population. For this, the Gross Domestic Product (GDP) of said territory is divided by the number of inhabitants.

The use of per capita income as an indicator of wealth or economic stability of a territory makes sense because through its calculation national income is interrelated (through GDP in a specific period) and the inhabitants of this place.

The objective of GDP per capita is to obtain data that somehow shows the level of wealth or well-being of that territory at a given time. It is often used as a measure of comparison between different countries, to show differences in economic conditions.

7 0
3 years ago
On December 31, after making a concerted effort, management determines that it will not be able to collect the $1,200 owed to it
zvonat [6]

Answer:

See explanation section

Explanation:

To record the journal entry to write off the uncollectible account according to the direct write-off method, we have to use bad dad expanse instead of an allowance account.

December 31         Bad Debt Expense           Debit     $1,200

                              Account receivable - Acme, Inc.      Credit    $1,200

Note: As the company did not get the money from the Acme, Inc., They treated the expense as irrecoverable.

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Why do you look like dababy?
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Discuss the tradeoffs between fiber-optic and satellite communication in terms of costs, signal capacity, signaling method, inte
mylen [45]

Answer:

Explanation:

I will split this answer into two options...

Fiber Optic communications work by sending data through beams of light through a series of fiber cables. This allows for data transfer at incredibly high speeds and with an almost non-existent probability of data loss. Since cables need to be connected from one end-point to another this form of communication becomes more expensive and the capability of reconfiguration becomes incredibly difficult. The likelihood of failure is also very low due to the nature of the technology.

Satellite communication sends data wirelessly by beaming the data to satellites and then back down to the destination. This allows for data to be transferred worldwide but runs into the risk of interference, data loss, signal loss etc. Costs are much cheaper than Fiber Optics due to the lack of wiring. Multipoint capabilities are high since endpoints can be placed anywhere with a clear line of sight to the sky, which also means that reconfiguration capabilities are high as well.

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