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Vladimir79 [104]
2 years ago
5

The Smiths are buying a house for $200,000. After their 10% down payment, they have also decided to pay two discount points. Wha

t is the dollar amount of the discount points
Business
1 answer:
Vikentia [17]2 years ago
7 0

Based on the information given the dollar amount of the discount points is $3,600.

<h3>Discount:</h3>

First step is to calculate the down payment

Down payment=$200,000-($200,000×10%)

Down payment=$200,000-$20,000

Down payment=$180,000

Second step is to calculate the discount points

Discount point=Down payment× Discount points

Discount point=$180,000×2%

Discount point=$3,600

Inconclusion the dollar amount of the discount points is $3,600.

Learn more about discount here:brainly.com/question/24286983

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?_____ are responsible for developing operational plans. ?middle managers ?board of directors ?top managers ?lower-level manager
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The answer is your last option: lower-level managers. Hope I helped! :)
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A company has a unit contribution margin of $80 and a contribution margin ratio of 50%. what is the unit selling price?
lora16 [44]

If a company has a unit contribution margin of $80 and a contribution margin ratio of 50%. Then its unit selling price is $160 therefore option (d) is the correct answer.

Contribution margin, or dollar contribution in keeping with the unit, is the selling fee in step with the unit minus the variable price in line with the unit. "Contribution" represents the portion of sales that isn't eaten up by variable prices and so contributes to the coverage of fixed fees. The contribution margin is computed because of the promoting charge per unit, minus the variable value according to the unit. Additionally known as greenback contribution per unit, the measure indicates how a specific product contributes to the general income of the business enterprise.

To calculate the unit selling price use the formula

Unit selling price = contribution margin / contribution margin ratio

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Unit selling price = $160

Therefore option d) $160 is the correct answer

The contribution margin ratio of a business is the same as its revenue much less all variable fees, divided by means of its sales. It represents the marginal gain of producing one more unit.

Learn more about the Contribution margin here brainly.com/question/24881206

#SPJ4

3 0
2 years ago
For the past 15 years you have been depositing $700 per month in the PIMCO bond fund, and you have now transferred your current
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Answer:

To determine the total amount of money that I will have in my account at the time of my retirement, we must consider the total amount paid into the PIMCO account during the last 15 years, and add to this value the potential amount to be paid in the next 20 years in the Vanguard account.

Thus, during the previous 15 years, I have deposited 700 dollars per month in my PIMCO account, with which I have a cumulative total of $ 126,000 (700x12x15). Also, I will potentially deposit another $ 168,000 (700x12x20) in the Vanguard account for the next 20 years.

Therefore, over the 35 years of savings, once the time has come to retire, I will have $ 294,000 in my retirement investment.

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