subject
Business, 02.12.2019 17:31 s3r3naagarc1a

Seth and alexandra moore of elk grove village, illinois have an annual income of $105,000 and want to buy a home. currently, mortgage rates are 4.5 percent. the moores want to take out a mortgage for 30 years. real estate taxes are estimated to be $5,280 per year for homes similar to what they would like to buy, and homeowner's insurance would be about $1,500 per year. using a 28 percent front-end ratio, what are the total annual and monthly expenditures for which they would qualify? round your answers to the nearest dollar. total annual expenditures $ monthly expenditures $

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 20:40
Alocal club is selling christmas trees and deciding how many to stock for the month of december. if demand is normally distributed with a mean of 100 and standard deviation of 20, trees have no salvage value at the end of the month, trees cost $20, and trees sell for $50 what is the service level?
Answers: 2
question
Business, 22.06.2019 09:40
Microsoft's stock price peaked at 6118% of its ipo price more than 13 years after the ipo suppose that $10,000 invested in microsoft at its ipo price had been worth $600,000 (6000% of the ipo price) after exactly 13 years. what interest rate, compounded annually, does this represent? (round your answer to two decimal places.)
Answers: 1
question
Business, 22.06.2019 16:00
What impact might an economic downturn have on a borrower’s fixed-rate mortgage? a. it might cause a borrower’s payments to go up. b. it might cause a borrower’s payments to go down. c. it has no impact because a fixed-rate mortgage cannot change. d. it has no impact because the economy does not affect interest rates.
Answers: 1
question
Business, 22.06.2019 18:00
Companies under market structures are independent
Answers: 2
You know the right answer?
Seth and alexandra moore of elk grove village, illinois have an annual income of $105,000 and want t...
Questions
question
Mathematics, 17.04.2020 23:00
question
Geography, 17.04.2020 23:01
Questions on the website: 13722360