subject
Business, 24.12.2019 22:31 mcmccann4317

Justin lowery is buying a condominium that sells for $ 150,000. the bank is requiring a minimum down payment of 18%. to obtain a 20-year mortgage at 9.5% interest, justin must pay 2 point(s) at the time of closing. what is the cost of the 2 point(s) on the mortgage?

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 16:00
Corey is trying to save money to buy a new tv. he invests $800 into an account paying 6.5% simple interest. for how long must he save if the tv costs $950? a. 2 years b. 3 years c. 4 years d. 5 years
Answers: 1
question
Business, 21.06.2019 22:50
He taylor company sells music systems. each music system costs the company $100 and will be sold to the public for $250. in year one, the company sells 100 gift cards to customers for $250 each ($25,000 in total). these cards are valid for just one year, and company officials expect them to all be redeemed. in year two, only 96 of the cards are returned. what amount of net income does the company report for year two in connection with these cards? a. $15,000b. $15,400c. $15,500d. $15,800
Answers: 1
question
Business, 22.06.2019 13:30
What do you recommend adam do to increase production in a business setting that does not seem to value high productivity?
Answers: 3
question
Business, 22.06.2019 20:00
Assume the perpetual inventory method is used. 1) the company purchased $12,500 of merchandise on account under terms 2/10, n/30. 2) the company returned $1,200 of merchandise to the supplier before payment was made. 3) the liability was paid within the discount period. 4) all of the merchandise purchased was sold for $18,800 cash. what effect will the return of merchandise to the supplier have on the accounting equation?
Answers: 2
You know the right answer?
Justin lowery is buying a condominium that sells for $ 150,000. the bank is requiring a minimum down...
Questions
question
Chemistry, 09.11.2020 19:40
question
Chemistry, 09.11.2020 19:40
question
Mathematics, 09.11.2020 19:40
question
Business, 09.11.2020 19:40
Questions on the website: 13722367