Business consumer math, class. dot. com answers?

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Janie S
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1.) You have decided to buy a new house priced at $ 104,500. The loan closing costs are 3.75 percent of this amount. A down payment of 20 percent of the purchase price is required. Your gross income is $ 25,000. Your monthly payments of a 25-year loan will be? MedlinePlus MedlinePlus 2.) You have decided to buy a new house priced at $ 104,500. The loan closing costs are 3.75 percent of this amount. A down payment of 20 percent of the purchase price is required. Your gross income is $ 25,000. MedlinePlus If you try to keep your payment about 25 percent of your gross monthly income, you can afford the house? MedlinePlus MedlinePlus . 3) Use the following information to answer the question: MedlinePlus Veronica Fuentes can rent an apartment for $ 375 a month. You can buy a house with the same space for $ 42,000. If you buy the house, you must withdraw $ 8,400 in savings, which is gaining interest at 6 percent for a down payment. Your other costs of home ownership, including the mortgage payment for the loan, are estimated at $ 6,740 per year. Veronica is estimated to save $ 980 in taxes on income of household expenses each year. MedlinePlus Veronica lose $ _____ in interest income on the funds used for the down payment. MedlinePlus MedlinePlus 4.) Veronica Fuentes can rent an apartment for $ 375 a month. You can buy a house with the same space for $ 42,000. If you buy the house, you must withdraw $ 8,400 in savings, which is gaining interest at 6 percent for a down payment. Your other costs of home ownership, including the mortgage payment for the loan, are estimated at $ 6,740 per year. Veronica is estimated to save $ 980 in taxes on income of household expenses each year. MedlinePlus The net annual cost of buying a home will be $ _______. MedlinePlus MedlinePlus 5.) Veronica Fuentes can rent an apartment for $ 375 a month. You can buy a house with the same space for $ 42,000. If you buy the house, you must withdraw $ 8,400 in savings, which is gaining interest at 6 percent for a down payment. Your other costs of home ownership, including the mortgage payment for the loan, are estimated at $ 6,740 per year. Veronica is estimated to save $ 980 in taxes on income of household expenditures per year. MedlinePlus Annual rental cost is $ ______ Veronica. MedlinePlus MedlinePlus 6.) Veronica Fuentes can rent an apartment for $ 375 a month. You can buy a house with the same space for $ 42,000. If you buy the house, you must withdraw $ 8,400 in savings, which is gaining interest at 6 percent for a down payment. Your other costs of home ownership, including the mortgage payment for the loan, are estimated at $ 6,740 per year. Veronica is estimated to save $ 980 in taxes on income of household expenditures per year. MedlinePlus In one year, Veronica will save $ ______ per rental. MedlinePlus MedlinePlus 7.) Use the following information to answer the next question. Polly Rhodes bought a car for $ 9,200. He drove the car 12,000 miles last year. His car expenses for the year were insurance, $ 436; repairs, $ 28;, gas and oil, $ 670 license plates, $ 42, the loss of interest on the initial investment, $ 460,. Depreciation, 18 percent MedlinePlus Find the operating cost per mile last year, to the nearest cent. ______ Cents
MedlinePlus 8.) Diedra bought a car for $ 8,500 three years ago. When negotiating a new $ 18,000 car, which received a grant of $ 4,750 swap. What was the total depreciation in the car? MedlinePlus MedlinePlus 9.) Use the following information to answer the next question. The X-Road van leases for $ 356 a month with a $ 0.11 charge excess mile for all miles traveled over 12,000 in a year. The Hi-Way truck rental for $ 418 per month with an excess charge $ 0.15 a mile for miles driven over 15,000 per year. Compare the costs of renting vans over two years assuming 14,000 miles are driven the first year and 18,500 the second year. MedlinePlus The total excess mileage charges of the van X-Road is $ ________. MedlinePlus MedlinePlus 10.) Use the following information to answer the next question. The X-Road van leases for $ 356 a month with a $ 0.11 charge excess mile for all miles traveled over 12,000 in a year. The Hi-Way truck rental for $ 418 per month with an excess charge $ 0.15 a mile for miles driven over 15,000 per year. Compare the costs of renting vans over two years assuming 14,000 miles are driven the first year and 18,500 the second year. MedlinePlus The total of two years the lease price of the Hi-road truck is $ ________. MedlinePlus MedlinePlus 11.) Use the following information to answer the next question. A Royal Sport two door coupe has a base price of $ 15,800. Total Options $ 2,260. The destination charge is $ 370. The merchant pays 80 percent of the price of the options, and 77 percent of the base price. The dealer cost is $ ________.
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