subject
Business, 20.07.2019 06:10 haleylecompte

Vivian wants to buy a house. the house she wants is listed for $300,000. if she make 20% down payment, she can get a fixed rate mortgage at 7.2% for 30 years. and vivian decides to find another house to buy. she negotiates a price of $250,000 for the new house. she also did some looking and found a bank who would only require a $30,000 down payment, but they would charge a higher interest rate of 8.5% for 30 years for the second house. if she likes both houses equally, should she take the first house with the first lender, or the second house with the second lender? (i. e. which deal is less expensive? )

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 02:00
Benton company (bc), a calendar year entity, has one owner, who is in the 37% federal income tax bracket (any net capital gains or dividends would be taxed at a 20% rate). bc's gross income is $395,000, and its ordinary trade or business deductions are $245,000. ignore the standard deduction (or itemized deductions) and the deduction for qualified business income. if required, round computations to the nearest dollar. a. bc is operated as a proprietorship, and the owner withdraws $100,000 for personal use. bc's taxable income for the current year is $ , and the tax liability associated with the income from the sole proprietorship is $ . b. bc is operated as a c corporation, pays out $100,000 as salary, and pays no dividends to its shareholder. bc's taxable income for the current year is $ , and bc's tax liability is $ . the shareholder's tax liability is $ . c. bc is operated as a c corporation and pays out no salary or dividends to its shareholder. bc's taxable income for the current year is $ , and bc's tax liability is $ . d. bc is operated as a c corporation, pays out $100,000 as salary, and pays out the remainder of its earnings as dividends. bc's taxable income for the current year is $ , and bc's tax liability is $ .
Answers: 2
question
Business, 22.06.2019 03:10
Complete the sentences. upper a decrease in current income taxes the supply of loanable funds today because it a. decreases; increases disposable income, which decreases saving b. has no effect on; doesn't change expected future disposable income c. decreases; decreases expected future disposable income d. increases; increases disposable income, which encourages greater saving upper a decrease in expected future income a. increases the supply of loanable funds today because households with smaller expected future income will save more today b. has no effect on the supply of loanable funds c. decreases the supply of loanable funds because it decreases wealth d. decreases the supply of loanable funds today because households with smaller expected future income will save less today
Answers: 3
question
Business, 22.06.2019 14:30
Stella company sells only two products, product a and product b. product a product b total selling price $50 $30 variable cost per unit $20 $10 total fixed costs $2,110,000 stella sells two units of product a for each unit it sells of product b. stella faces a tax rate of 40%. stella desires a net afterminustax income of $54,000. the breakeven point in units would be
Answers: 3
question
Business, 22.06.2019 15:00
Which of the following is least likely to a team solve problems together
Answers: 1
You know the right answer?
Vivian wants to buy a house. the house she wants is listed for $300,000. if she make 20% down paymen...
Questions
question
Mathematics, 21.10.2020 06:01
question
Mathematics, 21.10.2020 06:01
question
History, 21.10.2020 06:01
question
Mathematics, 21.10.2020 06:01
Questions on the website: 13722367