Business, 12.08.2019 23:20 lollipop83
The price of a condominium is $185,000. the bank requires a 5% down payment and one point at the time of closing. the cost of the condominium is financed with a 30-year fixed-rate mortgage at 88%.(a) find the required down payment (b) find the amount of the mortgage(c) how much must be paid for the one point at closing? (d) find the monthly payment (excluding escrowed tax and insurance)(e) find the total cost of interest over 30 years
Answers: 1
Business, 22.06.2019 08:30
Hi inr 2002 class! i just uploaded a detailed study guide for this class. you can check-out a free preview by following the link below feel free to reach-out to me if you need a study buddy or have any questions. goodluck!
Answers: 1
Business, 22.06.2019 10:00
University car wash built a deluxe car wash across the street from campus. the new machines cost $219,000 including installation. the company estimates that the equipment will have a residual value of $19,500. university car wash also estimates it will use the machine for six years or about 12,500 total hours. actual use per year was as follows: year hours used 1 3,100 2 1,100 3 1,200 4 2,800 5 2,600 6 1,200 prepare a depreciation schedule for six years using the following methods: 1. straight-line. 2. double-declining-balance. 3. activity-based.
Answers: 1
Business, 22.06.2019 19:30
Problem page a medical equipment industry manufactures x-ray machines. the unit cost c (the cost in dollars to make each x-ray machine) depends on the number of machines made. if x machines are made, then the unit cost is given by the function =cx+−0.3x2126x31,935 . how many machines must be made to minimize the unit cost?
Answers: 3
Business, 22.06.2019 19:40
Moody corporation uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. at the beginning of the year, the company made the following estimates: machine-hours required to support estimated production 100,000 fixed manufacturing overhead cost $ 650,000 variable manufacturing overhead cost per machine-hour $ 3.00 required: 1. compute the plantwide predetermined overhead rate. 2. during the year, job 400 was started and completed. the following information was available with respect to this job: direct materials $ 450 direct labor cost $ 210 machine-hours used 40
Answers: 3
The price of a condominium is $185,000. the bank requires a 5% down payment and one point at the tim...
Chemistry, 25.03.2020 21:30
Mathematics, 25.03.2020 21:30
Mathematics, 25.03.2020 21:30
Biology, 25.03.2020 21:30
Mathematics, 25.03.2020 21:30
Mathematics, 25.03.2020 21:30
English, 25.03.2020 21:31
Geography, 25.03.2020 21:31
English, 25.03.2020 21:31
Social Studies, 25.03.2020 21:31
Biology, 25.03.2020 21:31