Answer: Real estate appraisals are used by sellers, buyers, and their lenders. Sellers want to ensure that their sale price is not less than the property's worth.
Explanation:
Terry took out a mortgage loan for $100,000 at an interest rate of 11.5% for 30 years. if terry had not had a bankruptcy on her credit report, her payments could have been $524.07 per month. how much is terry paying in additional interest over the life of the loan?
Because Terry had a bankruptcy on her credit report, the additional amount of interest that Terry is paying over the life of the loan is $167,839.720.
What is interest?Interest is the finance charge for a loan or mortgage.
It is calculated on the principal amount based on the agreed rate and maturity period of the loan.
We can compute the interest using an online finance calculator as below.
Data and Calculations:Home Price= $100,000
Down Payment = 0%
Loan Term = 30 years
Interest Rate = 11.5%
Monthly Payment: $990.29
Normal monthly payment (without a bankruptcy) = $524.07
Total of 360 Mortgage Payments = $356,504.92 ($990.29 x 30 x 12)
Total of 360 Mortgage Payaments without bankruptcy = $188,665.20 ($524.07 x 30 x 12)
Additional payment in interest = $167,839.720 ($356,504.92 - $188,665.20)
Thus, the additional amount of interest that Terry is paying over the life of the loan is $167,839.720.
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Answer:
49,200
Explanation:
Took the test on Edge
Consider a family that has one working parent, a stay‐at‐home parent, and three children. Two of the children are in elementary school, and the youngest child is in Pre‐Kindergarten. They have a house, a car, and a minivan, and they carry some credit card debt.
The house is valued at $89,000 with a mortgage balance of $80,000.
The car is worth $15,000. The family owes $15,000 on this auto loan.
The minivan is worth $20,000. The family owes $16,000 on this auto loan.
They financed new household furnishings valued at $5,000. The family owes $4,500 on this loan.
They have $15,000 in their retirement account.
They have $1,500 in emergency savings, $1,000 in savings, $500 in checking, and $1,500 in a CD.
They have $200 in cash.
Balances on the credit cards total $15,000.
The family pays $500 per month for school loans; the current balance is $25,000.
The family pays $350 per month for Pre‐Kindergarten tuition.
All of the children are on soccer teams, which costs $100 per month.
For this assignment, use the information above to answer the following questions about the family's net worth:
Calculate the family's total assets.
Calculate the family's total liabilities.
Calculate the family's net worth, and identify whether the net worth is positive or negative.
List any expenses that would not fall on the balance sheet.
1. The family's total assets = $148,700.
2. The family's total liabilities = $155,500.
3. The family's net worth is ($6,800), which is $148,700 - $155,500.
What is the family's net worth?The family's net worth is the excess of its total assets minus its total liabilities.
The net worth can be positive or negative. It is negative when the total liabilities exceed the total assets.
Data and Calculations:Assets Liabilities
House on mortgage $89,000 $80,000
Car on auto loan 15,000 15,000
Minivan on auto loan 20,000 16,000
Furnishings 5,000 4,500
Retirement account 15,000
Emergency savings 1,500
Savings 1,000
Checking account 500
CD 1,500
Cash 200
Credit cards 15,000
School loan 25,000
Total $148,700 $155,500
4. Thus, the expenses that would not fall on the balance sheet are:
Payment for school loans of $500 per monthPre-Kindergarten tuition of $350 per monthPayment for soccer teams of $100 per month.Learn more about computing net worth at https://brainly.com/question/12371230
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The deadweight loss associated with a monopoly occurs because the monopolist.
The deadweight loss associated with a monopoly occurs because the monopolist produces an output less than the socially optimal level.
What is monopoly?A monopoly is an economic structure where a specific person or enterprise is the only supplier of a particular good.
The above means that company that exists in a market with little to no competition and can therefore set its own terms and prices when facing consumers, making them highly profitable.
Hence, the deadweight loss associated with a monopoly occurs because the monopolist produces an output less than the socially optimal level.
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20 points Help fast picking brainliest!! Zack wants to cut down on his variable expenses. What will reducing variable expenses allow him to do?
Reducing variable expenses will allow Zack to save for blank (fixed expenses, unexpected expenditure, variable expenses) and blank (variable expenses in the future, emergencies, increase fixed expenses
Zack can reduce his variable expenses and channel that amount for any unexpected expenses or any other fixed expenses or for emergencies.
What are variable expenses?
A variable expense may arise from month to month, it is variable in nature. But the amount you pay in any given month may be different from previous payments or future payments.
Examples of variable costs are Gas, Parking fees, Groceries, Eating out, Clothes, and many more.
Thus, Zack can reduce his variable expenses and channel that amount for any unexpected expenses or any other fixed expenses or for emergencies.
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Answer:
1 unexpected expenditure
2 emergencies
Explanation:
got it right on plato
Which group is projected to make up almost 60% of the workforce by 2029?.
Read the following statements and decide in which one you think it is ?
Contact lenses for a person who wears glasses?
A. Economic good/Economic service?
B. Consumer product/Industrial product?
C. Classification(s) of consumer or industrial product?
Answer:
Uhm...C?
Explanation:
I think so I hope this helps...
Most economists use the aggregate demand and aggregate supply model primarily to analyze.
Economists utilize the aggregate supply and aggregate demand to analyze the short-run fluctuations.
What are the market forces?Market forces are the market factors that are influenced by the buyers and sellers leading to changes in the prices of goods or services. They are usually referred to as demand and supply.
The short-run fluctuations are the ups and downs or increases and decrease in the market factors in a shorter period of time which can be analyzed by the economists through the usage of demand and supply curves.
Therefore, the demand and supply are used by economists to analyze the fluctuations in the short run.
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What is one of the biggest challenges when companies are committed to sustainability?.
Making the business case is one of the biggest challenges when companies are committed to sustainability. As sustainability is the better because it takes the business in a long run.
What are the cause of sustainability of business?As the modern world, the risk of taking business in a long run becomes difficult because frequently change in technologies and trends of business.
Some challenges of sustainability are Loss of trust in the global corporation, Transparency is the new norm, Rapidly growing inequality, increased hazards and risks to business.
Thus, Making the business case is one of the biggest challenges
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If the police want to enter a home to find evidence, what must they request?
Answer: warrant
Explanation:
The ability to access food, water, and shelter falls under the right to:
An HR executive observes that telework or telecommuting has been a rising trend. She considers developing a policy to allow telecommuting at her company. Which statement is a fact about telecommuting that would support implementing this policy
"An HR executive observes that telework or telecommuting ..." the statement that is a fact about telecommuting that would support implementing this policy is. Telecommuting may support a strategy of corporate social responsibility. This is further explained below.
What is Telecommuting?Generally, Telecommuting is simply defined as using technology to do business from one's own home, usually via the use of email and a telephone.
In conclusion, In favor of enacting this policy, "An HR executive notes that telecommuting" is a fact concerning telecommuting. Corporate social responsibility may benefit from the use of telecommuting.
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Which consideration must a society address when deciding for whom to produce a potentially scarce or limited resource?.
The consideration that a society must address when deciding for whom to produce a potentially scarce or limited resource is: Who has the greatest need.
What is Limited resources?Limited resource is when the economy of a country has enough or sufficient resources which they can access or make use of whenever they are in need of it.
When deciding for whom to produce a scarce or limited resource we have to look out for who has the greatest or highest need.
Therefore the consideration is who has the greatest need.
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Answer:
who has the greatest needs
Explanation:
What is a creditor legally required to do if you dispute a debt?
O A. The creditor must cancel the dispute.
B. The creditor must investigate the dispute.
O c. The creditor can ignore the dispute.
O D. The creditor may choose to ignore the dispute.
A creditor is legally required to investigate the dispute if the debtor dispute a debt.
What is a debt dispute?This refers to an disagreement between the creditor and the committee as to the existence of a debt owed by the committee.
Hence, he creditor is legally required to investigate the dispute if the debtor dispute a debt.
Therefore, the Option B is correct.
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PLEASE HELP !!!
If you are not interested in a particular job, simply ignore efforts the company makes to contact you.
T OR F
It is false because it's important to maintain a professional and respectful attitude towards potential employers or the company, even if you're not interested in the job. Ignoring their attempts to contact you could harm your professional reputation and future job prospects.
A company is a legal entity that is formed to carry out business activities. It is usually created by a group of individuals who come together to achieve a common goal of providing goods or services to customers in exchange for money.
The purpose of a job provided by the company is to provide individuals with a means to earn a living, develop skills and experience, and contribute to society through their work.
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Last week Sarah Carver worked 4 overtime hours at time-and-a-half pay. Her
regular pay rate is $8.70 per hour. What was her overtime
pay for the week
Answer:
34.80
Explanation:
8.70 times 4 is 34.80
Answer:
69.60
Explanation:
8.70 x0.5 = 17.4
17.4 is time and a half rate
17.4 x 4 = 69.60
4 is the hours she worked.
Which nims management characteristic includes documents that record and communicate.
Answer:
Should be Incident Action Planning or IAP for short
Explanation:
When Amazon changed the face of e-retailing in the 1990s, traditional brick-and-mortar bookstores had to adapt quickly. To regain competitiveness, they had to bolster their information technology capabilities, which involved examining
To regain competitiveness, Amazon's strategy which was dependent on IT involved examining competitive intelligence.
What is competitiveness?Competitiveness is the quality of being relevant and profitable in the market. That is the preferred brand in the market.
Competitiveness means that the customers see value in your products and are willing to pay for it, given that the price is right.
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Question 5 of 10
Which of the following is a part of the employment tax?
O A. Income tax
O B. Property tax
O C. Non-compliance fines
O D. Social security tax
Answer:
D. social security tax
Explanation:
Matt and Evelyn have a 30-year $160,000 mortgage on their home. The majority of each monthly payment for the first five years of the loan goes to pay the:
The majority of each monthly payment for the first five years of the loan goes to pay the interest. As Matt and Evelyn have a 30-year, $160,000 mortgage.
What are monthly payments?Monthly payments are the installment or the payouts which are given to the employees, both can consider as the monthly payments. Monthly pay can be taken or received by the person, if the person is working they will get and if one has take loan they have to give.
Thus, it is interest.
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What color scheme would make the most sense for a spa targeting women?
o a. red
ob. blue
oc. pink
od. yellow
Answer:
Pink.
Explanation:
Because it is seen as the stereotypical colour for women, due to socialisation in different ways for each gender.
What is the best advice to keep in mind as you grow your business?
Answer:
Be smart and watch out for snakes
interview a business owner in your local community on initiatives that he/her has undertaken to address unemployment as a socio-economic issue and provide evidence of the interview
It is essential to prepare a script with well-structured and organized questions to conduct an effective interview on any topic.
What to ask in an interview for a survey?The questions must be objective to avoid ambiguity and obtain the answers that will solve your thesis. To interview a company manager about a crisis in the workplace, some questions might be:
How is its impact on economy?
What is an unemployment management plan?
How did the country get over it?
Therefore, it is essential that the research is planned and conducted in an organized and structured manner for effective results.
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Which layer most likely has a pressure, represented in units of gpa, within the range of 310 gpa to 150 gpa?.
Answer:
It should be the outer core
Explanation:
What government agency seeks to protect consumers and promote
competition?
O A. FTC
B. ITA
C. FDA
D. IRS
Help asap please
Answer:
A : the FTC
Explanation:
can i have brainliest pls
ok bye bye thank you
Interest rates are expressed as a percentage of ?
Answer:
The interest rate is the amount a lender charges a borrower and is a percentage of the principal—the amount loaned. The interest rate on a loan is typically noted on an annual basis known as the annual percentage rate (APR).
Explanation:
hope this helps
A monopolist can sell 300 units of output for $50 per unit. Alternatively, it can sell 301 units of output for $49.60 per unit. The marginal revenue of the 301st unit of output is
The marginal revenue of the 301 unit of output is -$75.40.
What is Marginal Revenue?
The marginal revenue refers to the amount, any company produces on each sale of their product.
300 units sell with the output for $45 per unit
301 units sell with the output for $44.60 per unit.
To calculate marginal revenue of 301 unit
[tex]= (300\times\$45) - (301\times\$44.6)\\= \$13,500 - \$13,424.6\\= -\$75.40[/tex]
So, the marginal revenue of 301 unit of output will be -$75.40
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An organizational consultant is working for a large religious charity and is tasked with considering how to make changes in keeping with the spiritual beliefs of the organization. Which source of information used in evidence-based management is being used here
The organizational alternate that's taking place right here in control is making planning.
What is the planning?Planning is the manner of questioning concerning the sports required to achieve a preferred goal. Planning is primarily based on foresight, which is the essential capability for intellectual time travel.
The evolution of forethought, the capability to assume ahead, is taken into consideration to have been a high mover in human evolution. Planning is an essential part of smart behavior.
It entails using common sense and creativity to visualize not only a desired end result, but also the steps required to achieve that end result. vital element of making plans is its adherence to forecasting.
Forecasting ambitions to expect what the future will look like whilst making plans to imagine what the future may want to look like.
Planning in step with established standards is a central part of many expert occupations, especially in fields including control and business.
Once a plan has been evolved, it's feasible to measure, investigate, and investigate progress, performance, and effectiveness. As occasions alternate, plans may also need to be changed or abandoned.
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Explain at least four costumer rights.
Answer: The right to safety, the right to be informed, the right to choose and the right to be heard.
Explanation:
How does scarcity determine the economic value of an item?.
Scarcity has an impact on how people value goods and services, as well as how governments and private companies divide resources. The infinite wants of the consumers define the economic value of an item.
What factors influence the economic value of an item?The relationship between supply and demand for a specific product determines relative scarcity.
The scarcity principle is an economic theory that explains the dynamic supply-and-demand price relationship.
The scarcity principle states that if an item has a low supply and a high demand, the price will rise to meet the predicted demand.
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Answer:
A) by the amount of goods that are produced
Explanation:
Expressing accounts receivable as a percentage of total assets is an example of.
Expressing accounts receivable as a percentage of total assets is an example of: Vertical analysis.
What is account receivable?Account receivable is an asset and can be defined as the amount a company is expected to receive from their client for selling goods and service on credit to the client.
Vertical analysis is a method that is use to express Account receivable as a percentage of total asset based on the fact that it help to analyze a company financial statements by showing the percentage based on the figure.
Therefore Expressing accounts receivable as a percentage of total assets is an example of: Vertical analysis.
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