Answer: 25
Step-by-step explanation:
Answer:
Annual Cost of Rent: $725*12=8700
Add: Renter's Insurance=$275
Total Cost=$8,975
Now if she purchased a house then let's see how much annual cost she need to bear:
EMI=$185000-$10,000=$175000/Total PVIF @5% for 30Years
EMI=$939.44
Hence. Annually it would be $939.44*12=$11273.28
So, it is quite clear that by purchasing the owned home Emma needs to bear extra cost of $2298.28 per year apart from the yearly expenditure that is property taxes insurance and maintenance which is of 10% of total cost of the house that is $18,500($185000*10%).
Hence, to purchase a house is not feasible and to go for the rent option is more viable for Emma.
Answer:
2
Step-by-step explanation:
3 goes into 6, 2 times and negative on negative is positive
It is 80 because if you do all the math it turns out to be 80
