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2 years ago

Last year during the beginning of the Pandemic, name 5 household products people were hoarding?

Business

2 answers:

professor190 [17]2 years ago

7 0

Answer: Toiletry, Food, Cleaning items, Water

Explanation:

lara31 [8.8K]2 years ago

5 0

Toilet rolls, food, water, cleaning products

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Jim has an annual income of $180,000. Jim is looking to buy a house with monthly property taxes of $140 and monthly homeowners i

MariettaO [177]

Answer:

$787,471.02

Explanation:

Given:

Jim's annual income = $180,000

Monthly property taxes = $140

Monthly homeowners insurance = $70

Monthly student loan payments = $178

Maximum front end DTI limit = 28%

Maximum back end DTI limit = 36%

Amortizing period = 30 years = 360 months

annual rate = 4.5% compounded monthly

Now,

Monthly salary = $\frac{\textup{Annual income}}{\textup{12 months}}$

Monthly salary = $\frac{\textup{180,000}}{\textup{12 months}}$

Monthly salary = $15,000

Maximum front end DTI limit

= (Maximum Monthly loan payment + monthly property taxes + monthly homeowner's insurance) ÷ Monthly income

0.28 × $15,000 = Maximum Monthly loan payment + $140 + $70

Maximum Monthly loan payment = $4,200 - $140 - $70

= $3,990

and,

Maximum back end DTI limit =

0.36 × $15,000 = Maximum Monthly loan payment + $140 + $70 + $178

Maximum Monthly loan payment = $5,400 - $140 - $70 - $178

= $5,012

Now,

The monthly payment = minimum of [ $3990, $5012 ]

therefore,

The monthly payment = $3,990

Thus,

The maximum amount of loan = Monthly payment × $[\frac{(1-(1+\frac{r}{k})^{-kn})}{(\frac{r}{k})}]$

here,

k = 12 when compounded monthly

n = 30 years

r = 4.5% = 0.045

The maximum amount of loan = $3,990 × $[\frac{(1-(1+\frac{0.045}{12})^{-12\times30})}{(\frac{0.045}{12})}]$

The maximum amount of loan = $787,471.02

8 0

3 years ago

The slope of a country's production possibility frontier with cloth measured on the horizontal and food measured on the vertical

user100 [1]

Answer:

MPLF/MPLC; becomes steeper

Explanation:

The slope of a country's production possibility frontier with cloth measured on the horizontal and food measured on the vertical axis in the specific factors model is equal to MPLF/MPLC and it becomes steeper as more cloth is produced.

Where

- MPLC is Marginal Product of Labor for Cloth.

- MPLF is Marginal Product of Labor for Food.

5 0

3 years ago

Read 2 more answers

What does reliability ensure? A. The system has the ability to operate in many different operating systems B. The system is easy

PolarNik [594]

Answer:

C. The system is functioning correctly and providing accurate information

Explanation:

Reliability refers to the ability of a system or a machine to perform its intended function with minimal or nil breakdown. Consistency and validity of data from the performance of a system or a piece of equipment indicate its reliability. It is the possibility of failure-free operation of a system.

Reliability will, therefore, ensure a system is performing its function with minimal interruptions resulting from failures. It guarantees consistency in the results from operations. With reliability, production happens when it is needed.

5 0

3 years ago

Which of the following sentences use clear and correct pronoun references? Check all that apply.

balu736 [363]

Answer:

Explanation:

Option A is incorrect because; it is not clear who is he and what he grabbed form the air. Further, it is also not clear who's her.

Option D is incorrect because; it is not clear who are they. And it is a grammar rule that, do not use “they” when referring to unspecified persons.

3 0

3 years ago

Read 2 more answers

"You plan to buy a piece of machinery worth $50,000 then you plan to sell it at the end of its 15-year life cycle for $5,000. Wh

Aleks04 [339]

Answer:

$3,000 and $35,000

Explanation:

The computations are shown below:

The depreciation expense would be

=(Original cost - residual value) ÷ (useful life)

= ($50,000 - $5,000) ÷ (15 years)

= ($45,000) ÷ (15 years)

= $3,000

In this method, the depreciation is same for all the remaining useful life

The book value would be

= (Original cost of equipment) - (depreciation × number of years)

= ($50,000) - ($3,000 × 5 years)

= $50,000 - $15,000

= $35,000

8 0

4 years ago