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ExtremeBDS [4]
3 years ago
15

Kelly and tim jarowski plan to refinance their mortgage to obtain a lower interest rate. they will reduce their mortgage payment

s by $56 a month. their closing costs for refinancing will be $1,670. how long will it take them to cover the cost of refinancing? (round your answer to the nearest whole number.) number of months months
Business
1 answer:
xxTIMURxx [149]3 years ago
6 0
<span>If you divide 1650 to 56, the answer is 30 months rounded up to the nearest number. I am not sure if this is worth it and am wondering if people actually pay money to do this. If you were taking down monthly payments by 200 dollars or more, it would be worth it since you will be saving more money on a monthly basis. You can have more money for gas, groceries and other bills.</span>
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Marquette purchased 7% of RST stock for $50,000 on 1/1/21. Data regarding these securities follow: Year-end Date Market Value De
MariettaO [177]

Answer:

The security at December 31th 2023 will be listed for 68,000 under current assets.

Explanation:

The securities will be listed at their fair balance.

But, as the gain is unrealized until sale the company will record it within the concept of other comprehensive income.

The dividend will be considered gain of the period thus, they will be recognized ither cash or shares are received.

3 0
3 years ago
A company had no office supplies available at the beginning of the year. During the year, the company purchased $290 worth of of
ANTONII [103]

Answer:

Expensre for the year is $205

Explanation:

The cosumable equipment which offices uses regularly for professional working writing recording etc. Company holds it's inventory and record it transactions in office supplies account.

Beginning Supplies = $0

Purchases for the year = $290

Supplies at December 31 = $85

As we know

Ending Balance  = Beginning Balance + Purchases - Expense for the period

$85 = $0 + $290 - Expense for the period

$85 = $290 - Expense for the period

Expense for the period = $290 - $85 = $205

7 0
3 years ago
Someone want to beat me up for free
m_a_m_a [10]

whaatt? um me? ._. is this even a question?

7 0
3 years ago
Which of the following types of product sales are most
xeze [42]
Stereo speakers, new car, furniture, an expensive watch
4 0
2 years ago
Read 2 more answers
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
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