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Gnesinka [82]
3 years ago
10

The price of a ranchette estate is $260,000. The bank requires a 15% down payment and 3 points at the time of closing. The cost

of the ranchette is financed with a 30-year fixed-rate mortgage at 7.45%. What is the mortgage amount? *
Business
1 answer:
coldgirl [10]3 years ago
8 0

Answer:

Missing word<em> "and the cost of one point at the time of closing"</em>

<em />

Down payment = $260,000*15%

Down payment = $260,000*0.15

Down payment = $39,000

Amount of mortgage = $260,000 - $39,000

Amount of mortgage = $221,000

Cost of 3 point at the time of closing = 3% of amount of mortgage

Cost of 3 point at the time of closing = 3% * $221,000

Cost of 3 point at the time of closing = $6,630

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MissTica

A leadership is best described as the ability to influence a group toward the achievement of a vision or set of goals.

<h3>What is a leadership?</h3>

In a formal setting, this refers to individual ability to influence, lead and guide others people to accomplish a predetermined mission in the manner desired.

Hence, it is best described as the ability to influence a group toward the achievement of a vision or set of goals.

Therefore, the Option D is correct.

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2 years ago
The American economy consists of a complex combination of organizations and variables, such as countless companies differing in
Jlenok [28]

Answer:

The correct answer is The Theory of complexity.

Explanation:

The Theory of Complexity and Organizations, also called complexity strategy or adaptive complex organization, is the use of complexity theory in the field of strategic management and organizational studies.

The complexity theory has been used in the fields of strategic management and organizational studies. Areas of application include an understanding of how organizations or companies adapt to their environment and how they deal with situations of uncertainty. The theory treats organizations and companies as collections of strategies and structures. The structure is complex, because they are dynamic networks of interactions, and their relationships are not the result of the aggregation of individual static entities. They are adaptive; Because individual and collective behaviors mutate and organize themselves in response to the initial changes of micro events or the total set of events.

7 0
3 years ago
If you watch TV for two hours, you dont spend any money. Does this mean that you do not have an opportunity cost for watching TV
k0ka [10]

Answer:

No, Watching TV has an opportunity cost

Explanation:

Opportunity costs represent the forfeited benefits for preferring a certain option over others. It is the foregone benefits from the next best alternative.

Watching TV for two hours has an opportunity cost. By watching TV, a person has sacrificed doing other things. The two hours could have been used in other ways like working, studying, swimming, or playing. By watching TV, the person missed benefits from the other activities. The other activity that would have resulted in more benefits other than watching TV is the opportunity cost.

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3 years ago
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olga_2 [115]
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7 0
3 years ago
the realized rate of return, or holding period return, is equal to the holding period dollar gain divided by the price at the be
goblinko [34]

The realized rate of return, or holding period return, is equal to the holding period dollar gain divided by the price at the beginning of the period is true.

A holding period is the quantity of time the funding is held via an investor or the duration of the purchase and sale of a security. In an extended function, the preserving duration refers back to the time between an asset's buy and its sale.

Personal equity investments are historically lengthy-term investments with standard preserving durations ranging between 3 and 5 years. Inside this described time period, the fund manager specializes in growing the value of the portfolio organization as a way to promote it at a profit and distribute the proceeds to buyers.

In making an investment, a holding period refers to the time between the purchase of an asset or investment and its sale. Preserving periods be counted because they decide whether or not an investor can pay the short-term or lengthy-time period capital profits tax rate once they promote an investment for a profit.

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1 year ago
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