Alejandro Yago leased a Jeep for $209.00 per month for 60 months.He paid a deposit of $850.00, a title fee of $45.00, and a lice
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Answer:
cost of expansion = $1389859.55
Explanation:
Given data:
Original size = 185,000 ft^2
New expansion = 25000 ft^2
capacity component = 0.62
total cost for original size of clinic is = $17 million
Size of new clinic = 185,000 + 25,000 = 210,000 ft^2
cost of new clinic
cost of new clinic =
cost of new clinic = $18,389,859.56
cost of expansion = cost of 210,000 ft^2 - cost of 185,000 ft^2
= 18,389,859.56- 17,000,000
cost of expansion = $1389859.55
Answer: The total using monthly housing payment is 1371.01.
The monthly payment on a house usually comprises of four parts - principal, interest, taxes and insurance. Even though taxes and insurance are due only once a year, most home loan lenders require that these amounts be deposited in an escrow account . They then transfer the amounts to the respective agency when the amounts fall due. So, the value of monthly payment is:
We need to calculate the EMI on the housing loan. This will cover the monthly payment on principal and interest
Next we calculate the monthly property taxes and insurance
Monthly property taxes
Property insurance
Hence the total housing payment is :