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olasank [31]
2 years ago
12

Building equity in a home is a good thing because

Business
2 answers:
Vanyuwa [196]2 years ago
3 0

It is a good decision to build equity in a home because its increases the homeowner's net worth.

Home equity refers to the value of one's house less the owed amount of mortgage/home loan.

Usually, building of equity in home can be a long-term strategy for building wealth.

Hence, it is a good decision to build equity in a home because its increases the homeowner's net worth.

Therefore, the Option C is correct.

Read more about Net worth

brainly.com/question/12371230

SOVA2 [1]2 years ago
3 0

Answer: C- equity in a home increases the homeowners net worth

Explanation:

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You made an investment of $16,500 into an account that paid you an annual interest rate of 2.8 percent for the first 7 years and
iragen [17]

Answer:

0.05712790 or 5.71%

Explanation:

Annual rate of return = [(1+ r1)^n1 x (1 + r2)^n2]^[1/(n1 + n2)] - 1

n1 is the time period in which annual interest rate =2.8%

n2 is the time period in which annual interest rate =7.2%

So, n1 = 7 years and n2 = 14 years

= [(1+2.8%)^7 x (1+7.2%)^14]^[1/(7 + 14)] - 1

= (1.21325420 x 2.64683577) ^ 1 / 21 - 1

= 1.05712790 - 1

= 0.05712790 or 5.71%

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3 years ago
Please help me!! due tmrw!!!
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Answer:

High supply, Low demand

Explanation:

If there is a lot of one product that no one wants, they lower the prices to get rid of it

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3 years ago
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Sedbober [7]

Answer:

The answer is multi-divisional structure.

Explanation:

A company employing multi-divisional structure would usually function as a parent company that has many business units under it operating different business sectors. This is clearly the case of Elc Inc., since it both manufactures televisions and computers. The fact that both businesses share the same budget shows that the two business units are still operating in the same company.

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4 years ago
In an activity-based costing model, total costs directly assigned to cost objectives may include: Group of answer choices Both d
stepladder [879]

Answer:

Both direct costs and activity costs.

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Activity-based costing model takes into consideration both the direct and activity costs, as it does not omit the overhead or indirect costs, unlike some other costing methods. This costing model, is mostly used in the manufacturing. This method identifies activities and assigns them to each product or service accordingly.

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_____________may be defined broadly as the lack of resources to achieve a reasonably comfortable standard of living.
Harrizon [31]

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Poverty is the lack of resources needed to meet an individual's basic needs, such as the need for; food,water, clothing and shelter. A person is said to be poor if the person can't cater for his basic needs.

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