subject
Business, 12.04.2021 21:10 raekwon12

On March 1, Roxanne acquires a house for $160,000. She pays $20,000 down and borrows the remaining $140,000 by obtaining a 15-year mortgage. Roxanne pays $3,500 in closing costs and $2,500 in points in purchasing the house. During the year, she pays $10,300 of interest on her mortgage. a. What is her allowable interest deduction for the year

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 16:30
Which of the following is the least effective way to reach a potential sales prospect? referral cold call direct mail personal visit
Answers: 3
question
Business, 21.06.2019 17:30
Which of the following best describes biochemical evidence that would not support the modern concept of evolution? a. a bacterium that uses inorganic materials to produce energy b. an organism that does not undergo cellular respiration c. a species of bacteria that is capable of photosynthesis d. an organism that undergoes both aerobic and anaerobic respiration
Answers: 2
question
Business, 22.06.2019 10:50
Melissa is a very generous single woman. before this year, she had given over $11,400,000 in taxable gifts over the years and has completely exhausted her applicable credit amount. in the current year, melissa gave her daughter riley $100,000 and promptly filed her gift tax return. melissa did not make any other gifts this year. how much gift tax must riley pay the irs because of this transaction?
Answers: 2
question
Business, 22.06.2019 11:40
You are a manager at asda. you have been given the demand data for the past 10 weeks for swim rings for children. you decide to run multiple types of forecasting methods on the data to see which gives you the best forecast. if you were to use exponential smoothing with alpha =.8, what would be your forecast for week 22? (the forecast for week 21 was 1277.) week demand 12 1317 13 1307 14 1261 15 1258 16 1267 17 1256 18 1268 19 1277 20 1277 21 1297
Answers: 3
You know the right answer?
On March 1, Roxanne acquires a house for $160,000. She pays $20,000 down and borrows the remaining $...
Questions
question
Mathematics, 07.07.2019 13:20
question
Mathematics, 07.07.2019 13:20
question
Mathematics, 07.07.2019 13:20
question
Advanced Placement (AP), 07.07.2019 13:20
question
Mathematics, 07.07.2019 13:20
question
Mathematics, 07.07.2019 13:20
Questions on the website: 13722361