Please help i will give crowns

The Bourassas decide to sell a home for $440,000. They are charged a real estate commission of 8% of the selling price, title in

ololo11 [35]

The amount received net of expenses is $397865 and the percentage of the sale price was 10%.

Given that Bourassas decides to sell a house for $ 440,000. You will be charged a real estate fee of 8% of the sale price, property insurance of 1.4% of the sale price, and an escrow fee of $ 775.

The declared retail price is $ 440,000.

Real estate commission = 8% of the sale price

Real Estate Fee = (8/100) × 440000

Real Estate Fee = 8 × 4400

Real Estate Fee = $ 35,200

Security insurance costs of the title = 1.4% of the sale price

Cost of title insurance = (1.4 / 100) × 440 000

Cost of title insurance = 1.4 × 4400

Title Insurance Cost = $ 6160

The escrow fee assigned is $ 775.

(a) In determining the amount received after deducting the sale price of the property commission, title insurance and escrow fees, we receive

Amount received after fees = sale price - real estate commission - title insurance - escrow fees

Amount received after fees = 440000-35200-6160-775

The amount received after fees = $397865

(b) To find the percentage of sale price, add together all the terms real estate commission, title insurance and escrow fees and divide by the sale price we get

Percentage of selling price=((35200+6160+775)/440000)×100

Percentage of sale price = (42135/440000) × 100

Percentage of sale price = 9.57

Percentage of sale price = 10% (rounded down)

Hence Bourassas decides to sell a house for $440,000, then the amount Bourassas will receive after expenses is $397,865 and the percentage of the sale price of expenses is 10%.

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8 0

2 years ago

A baker bought 88.9 ounces of coconut. The next day, she used 7.4 ounces of it to make coconut frosting. How much coconut does t

shepuryov [24]

Answer:

81.5 = 82 if ur problem said round it out 82 if not put 81.5

Step-by-step explanation:

4 0

4 years ago

Rosalie earns extra money by working as a babysitter over the weekend. She charges $10 to drive to the home and an additional $8

agasfer [191]

Answer: The input values are B-number of hours (x).

The output values are C-charge for babysitting(y).

The value of $10 represents the B-y intercept.

The value of $8 represents the C-slope.

Step-by-step explanation:

Charges to drive to the home= $10

Additional charges per hour=$8

Let x be the hour she worked (independent variable) and y be the total charge for baby sitting (dependent variable)

Thus, the input values are number of hours (x) and the output values are charge for babysitting(y)

According to the situation the equation would be

y=8x+10

which is equivalent to the slope intercept form y=mx+c, where

m=8, slope of line

At x=0, y=10

Thus, $10 represents the y intercept

6 0

3 years ago

Read 2 more answers

An object is launched directly in the air at a speed of 48 feet per second from a platform located 12 feet above the ground. The

anastassius [24]

9514 1404 393

Answer:

48 ft

Step-by-step explanation:

For the quadratic ax^2 +bx +c, the axis of symmetry is x = -b/(2a). For the given quadratic, which defines a parabola opening downward, the axis of symmetry defines the time at which the maximum height is reached.

t = -48/(2(-16)) = 1.5

Then the maximum height is ...

f(1.5) = (-16·1.5 +48)1.5 +12 = (24·1.5) +12

f(1.5) = 48

The maximum height the object will reach is 48 feet.

6 0

3 years ago

Determine the relationships between the following lines: *

Dennis_Churaev [7]

9514 1404 393

Answer:

the lines are perpendicular

Step-by-step explanation:

You can tell something by looking at the differences of coordinates:

B-A = (6-2, -11-5) = (4, -16) . . . . . Δy/Δx = -16/4 = -4

D-C = (-1-3, 9-10) = (-4, -1) . . . . . Δy/Δx = -1/-4 = 1/4

The product of the slopes of these lines is (-4)(1/4) = -1, so ...

the lines are perpendicular

4 0

3 years ago