Answer: Total Monthly Payments = $1515.82
Explanation:
Present Value = $154000
n = 25 x 12 = 300
r = 6.5%/12
Payments = rPv/(1 - (1 + r)^-n)
Payments = 0.065/12 x (154000)/(1 - (1 + 0.065/12)^-300)
Payments = 834.166667/0.8022229250
Payments = 1039.819037 = $1039.82.
Mortgage Loan Payments = $1039.82
Taxes per month = 2796/12 = $233
insurance per month = 1416/12 = $118
condo association = $125
Total Monthly Payments = 1039.82 + 233 + 118 + 125 = $1515.82
<span>In the context of barriers to international communication, noise refers to the number of other messages competing for a potential consumer's attention</span>
Answer:
$2,000
Explanation:
Usually, the landlord is required to notify the tenant if he/she plans to sell the property, but regardless of who owns the property (the original landlord or a new landlord), the contract terms are valid and must be honored by both the current landlord and the tenant.
The new owner immediately became the new landlord and he/she assumed all the responsibilities stated in the lease contract. Since the lease contract stated that the "lessor (landlord) agreed to maintain all structures on the property in good repair", the new landlord must pay for any necessary repairs.
Answer:
A. A casualty loss on personal-use assets is generally not deductible.
Explanation:
In the event that your property is personal-use property or isn't totally annihilated, the measure of your casualty loss is the lesser of:
- The adjusted premise of your property, or
- The diminishing in fair market value of your property because of the casualty