Answer:
$73,500
Explanation:
the man needs enough money to cover:
- down payment = $325,000 x 20% = $65,000
- closing points = $325,000 x 2% = $6,500
- closing costs = $2,000
- total = $73,500
The closing points are generally paid to the mortgage lender in order to lower the mortgage's interest rate which will result in a lower monthly payment.
A high school secretary is under obligation to convey the students regarding the rules and regulations as well as the upcoming events that are about to take place in a high-school through a newsletter.
<h3>What is a newsletter?</h3>
A bulletin of information, which is circulated among the members of an organization and any such person who has substantial interest in such information, is regarded as a newsletter.
A newsletter is attached in the form of an image with this part for the purpose of reference.
Hence, a newsletter that is required to be circulated by the high-school secretary will be in the form of the image being attached.
Learn more about newsletter here:
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Solution :
GDP stand for Gross Domestic Product. It is the measure of a national production and income of a country. It is the total produce of any country's products and services in a financial year that will boast its economy.
According to the question, assigning to the category of GDP are :
1. When we buy a car : --- Consumption
2. When a new oven is bought by a bakery : --- investment
3. When we get a haircut done : -- Consumption
4. Town buys a new fire truck : --- Government purchase
5. When we buy a new pair shoe that is made in Thailand : --- Exports or Imports
6. A bridge build by the Federal Government : --- Government purchase
7. A MRI machine bought by a private hospital : --- Investment
8. When we stay in hotel that is in Italy : --- Imports or Exports
Drivers are keeping their cars longer than ever before. The average age of all cars on the road is over 11 years, up from eight years in 1995. Motorists who buy a brand-new car typically keep it for about six years, up from about four years in 2006.
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