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inn [45]
3 years ago
14

Suppose that 10 years ago you bought a home for $110,000, paying 10% as a down payment, and financing the rest at 8% interest fo

r 30 years. Your existing mortgage (the one you got 10 years ago) How much money did you pay as your down payment?
Business
1 answer:
skad [1K]3 years ago
3 0

Answer: $11,000

Explanation:

The solution to this problem is not tedious or complicated

Solution;

Amount is = $110,000

Percentage of down payment is given as = 10%

To get the amount of the down payments we find the 10% of $110,00

10% of $110,000 is = 10÷100

=0.1

We multiply it by the amount which is 0.1×110,000= $ 11,000

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The Danser Corporation expects to generate sales equal to $30,000 in January, $33,000 in February, and $38,000 in March. Twenty
olchik [2.2K]

Answer:

101000

Explanation:

4 0
3 years ago
Which of the following is the term used to describe the institutional arbitrage of various securities, including stocks and opti
Agata [3.3K]
A hope it helps you
8 0
3 years ago
In this type of economy, the price consumers pay for goods and services is set by the government.
tatiyna
It is a controlled economy 
7 0
3 years ago
11. In the first quarter of 2010, U.S. advertisers spent $5.9 billion on online advertising. In the first quarter of 2011, they
oee [108]

Answer:

The percentage rate of growth from 2010 to 2011 is the 1237.3%

Explanation:

The percentage rate or growth for online advertising spend in 2011 compared to 2010 is obtained when calculating the following operations:

1. You must know what is the base figure you want to use to determine the percentage growth. In this case $5.9 Billion is the base figure you will use.

2. You want to know what is the figure with which you will determine the final growth. In this case is $73 billion.

3. You replace the values in the following formula:

percentage rate or growth =(( <u>   Final growth figure   </u> )  ) x 100

                                                         Base figure

percentage rate or growth =(( <u>  73   </u> )  ) x 100

                                                     5.9    

percentage rate or growth = 12.3728 x 100

percentage rate or growth = 1237.28

4. As you want to round your answer to one percentage place, then you round to .28 to .3 that is the next higher decimal number.

percentage rate or growth = 1237.3%

6 0
3 years ago
The risk associated with the unlikelihood that one of the key members will be struck by lightning would most likely be handled b
vova2212 [387]

Answer:

B) Retaining

Explanation:

Retaining risk refers to the risk in which the company could able to take the decision with respect to the responsibility for some particular risk

Here in the given situation it represents that the risk is associated with one of the key members so this presents the responsibility that should be considered while retaining a risk

Hence, the correct option is B.

7 0
3 years ago
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