1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Likurg_2 [28]
2 years ago
8

Shauna wants to buy a house and plans to rent the apartment located in the basement for extra income. The house has a purchase p

rice of $195,600 and she will make a 5% down payment. Shauna has qualified for a 30 year mortgage with a fixed rate of 5. 875%. Approximately how much rent should she charge for the apartment in order to cover her monthly mortgage payment if she only wants to spend $400 a month of her own money? a. $300 b. $700 c. $1100 d. $1,150.
Business
1 answer:
Anastaziya [24]2 years ago
8 0

Answer:

B. $700

Explanation:

I took the quiz

You might be interested in
Marko, Inc., is considering the purchase of ABC Co. Marko believes that ABC Co. can generate cash flows of $6,100, $11,100, and
Tomtit [17]

Answer:

Total PV= $25,072.57

Explanation:

Giving the following information:

Cash flows:

Cf1= $6,100

Cf2= $11,100

Cf3= $17,300

Discount rate= 15%

<u>To calculate the present value, we need to use the following formula on each cash flow:</u>

PV= Cf / (1+i)^n

PV1= 6,100 / 1.15= 5,304.35

PV2= 11,100 / 1.15^2= 8,393.19

PV3= 17,300 / 1.15^3= 11,375.03

Total PV= $25,072.57

4 0
3 years ago
As the vice president of sales for Dunder Mifflin, Inc., a company that manufactures and sells paper to commercial offices, it h
nirvana33 [79]

Answer: Create Focus Groups.

Explanation:

Creating a Focus group out of the Customers that use the Scranton branch would help Dunder Milfflin find out a more specific issue that they are complaining about.

Should customers be brought together and asked what they think should be done to improve service, you will find that many complaints are similar which would enable a better way to tackle the issue faster opposed to tackling each issue as they come.

This Focus Group method is very efficient and accurate as the problems come from the horse's mouth so to speak and Multiple problems can be then be found and categorized separately.

7 0
3 years ago
When problem-solving, a person should ask:<br> who.<br> how.<br> where.<br> why
geniusboy [140]
Very true! sorry i don’t know what ur asking but i agree with all!!
4 0
3 years ago
Read 2 more answers
Jake just got a big promotion at work and wants to buy a new jaguar.​ however, he lives in northeast​ indiana, and the nearest j
yulyashka [42]
The answer is exclusive distribution. This is exclusive when just certain retailers are given the alternative of conveying an item in its store. In this way, it is an understanding between a provider and a retailer giving the retailer elite rights inside a particular land region to convey the provider's item.
8 0
3 years ago
How will the rapo rate cut affect the economy?​
jeka94

Answer:

The decrease in repo rates is to aim at bringing in growth and improving economic development in the country. Consumers will borrow more from banks thus stabilizing the inflation. A decline in the repo rate can lead to the banks bringing down their lending rate

3 0
3 years ago
Other questions:
  • NEED ANSWER ASAP
    14·1 answer
  • Casino's frequently reach middle-range customers by:
    11·1 answer
  • At the beginning of the year, Sigma Company's balance sheet reported Total Assets of $195,000 and Total Liabilities of $75,000.
    13·1 answer
  • Portland, inc. has formed four activity cost pools: product design, machining and production, machine setup, and inspection. gin
    14·1 answer
  • Aside from human user types, there are two other non-human user groups. Known as account types, ________________ are accounts im
    15·1 answer
  • Suppose the spot and three-month forward rates for the yen are ¥102.21 and ¥101.18, respectively.a. Is the yen expected to get s
    12·1 answer
  • Many times when working with a new manager, Amy, a successful small-business owner, asks the manager, "What management method do
    12·1 answer
  • If you have an idea that no one has thought of, the trouble isA. it may be ahead of its time.B. you don't know if anyone will wa
    6·1 answer
  • Using the percentage-of-receivables method for recording bad debt expense, estimated uncollectible accounts are $57000. If the b
    8·1 answer
  • . Which type of credit requires that borrowers carefully manage the debt so it doesn't get out of control? Explain why this type
    12·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!