3. If a home buyer puts 20% down on a $200,000 house and uses a mortgage to borrow the rest, how much will the mortgage be (excluding any closing costs)? $160,000
The mortgage amount the home buyer would need to borrow after a 20% down payment on a $200,000 house is $160,000, which is the house price minus the down payment.
Explanation:If a home buyer puts 20% down on a $200,000 house, the down payment would be $40,000 (which is 20% of $200,000). The remaining amount of the house price, which the buyer would need to borrow as a mortgage, would be $160,000 (the total price of $200,000 minus the $40,000 down payment). This calculation is based on the concept that putting 20% down is conventional wisdom, though it is possible to put down as little as 3.5% with certain loans such as an FHA loan. However, down payments less than 20% typically require private mortgage insurance (PMI), increasing the overall cost of the mortgage.
Dave owns 15 shares of ABC mining stock. on monday the value of each shares rose $2 but on tuesday the value fell $5. what is the change in the value of dave's shares?
Sonya wants to know how much her annual take-home pay will be after she pays FICA taxes totaling 7.65% on an annual salary of $36,590.
Answer:
$27.90 is the correct answer
When greg started his window-washing business, he wanted to keep things simple. as recommended, he filed a record of the business with the state where he resided. he carefully watched his expenses including state filing expenses and licensure requirements. greg’s financial resources were limited, but so were his concerns; after all, “he was the business.” greg’s business is a ___________________.?
Partnerships refer to more than one owner. a limited partnership ______________.
A limited partnership is a business entity in which some partners have limited liability, unlike general partners. A private company is owned and managed by its owners or hired managers, while a public company sells shares to the public and is managed by a board of directors. The risk involved varies with different factors.
Explanation:In business, a limited partnership refers to a type of partnership in which some partners enjoy limited liability. That means, unlike general partners, they are not responsible for the partnership's debts beyond their investments. Here, the partnership is run by general partners while limited partners typically have little or no say in the day-to-day management. When compared to other types of companies, a private company is owned by its members and managed by them or hired managers on a day-to-day basis, while a public company has sold shares to the public, and is managed by a board of directors elected by the shareholders. The level of risk involved in these organizational structures depends upon various factors such as the nature of business, market conditions, management efficiency, etc.
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A company bought a piece of land. It can use this resource to build a factory or to plant crops. The company can also hold onto the land and try to resell it later for more money. The company decides to build a factory on the land. Any value given up from not choosing the other options is the _____.
i had got trade off and its right
Which factors do you think are more to blame for obesity: individual actions or social factors like food marketing? Why?
Obesity is caused by a blend of individual behaviors and broader societal factors including environmental influences, food marketing, and socioeconomic status. Efforts to limit obesity should focus on education, access to healthy foods, and fostering physical activity-friendly environments. A comprehensive approach that recognizes both personal and societal contributors is key to tackling obesity.
Explanation:The causes of obesity are complex, encompassing both personal behavior and societal issues like food marketing. An individual's actions, such as excessive food intake and lack of physical activity, significantly contribute to obesity. However, these behaviors are not entirely personal choices but influenced by environmental factors such as socioeconomic status, availability of healthy food options, and safe places for physical activity. The prevalence of high-calorie, low-nutrient foods and aggressive marketing, especially in neighborhoods with fewer resources, adds to the challenge. Obesity-related diseases become more common in such scenarios, and addressing this health crisis requires considering all contributing factors, from genetic susceptibility to environmental influences and social determinants.
Technological advancements that promote a sedentary lifestyle and the increasing costs of healthy food also play a role in the rising rates of obesity. However, factors that may limit obesity include widespread education on nutrition and health, increased access to healthy food options regardless of socioeconomic status, and the creation of safer, more active communities.
To effectively combat obesity, it's crucial to understand the full spectrum of influences, from personal choices to broader social and economic pressures. Healthcare professionals and public health initiatives focus on promoting healthier lifestyle habits while acknowledging the systemic challenges that make such changes difficult for many.
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a state park charges $5 per car plus $1 per person as an admission fee. the total charged for a car with x people is f(x)=x+5. how will the graph of this function change if the per car charge is changed to $8 per car?
A. The line will shift vertically down by $3
B. the line will shift vertically up by $3.
C. The line will shirt vertically up by $8.
D. The line will shift vertically down by $8.
Answer:
b
Explanation:
Which of the following payment types require you to pay upfront?
A) Money Order
B) Cashier's Check
C) Pre-paid Card
D) All of the above
Which of the following statements is false? A. A debit card never has a MasterCard or Visa logo on it. B. Your debit card is like cash. C. You do not borrow money when you use a debit card. D. Loaning your debit card to friends is a not smart thing to do.
The false statement is 'A debit card never has a MasterCard or Visa logo on it.' Debit cards can bear these logos, as they are payment systems networks. The other statements regarding the function and security of debit cards are true.
Explanation:The false statement that is options is A. A debit card never has a MasterCard or Visa logo on it. That's not true. Debit cards are often issued by banks and they can bear the logo of MasterCard or Visa, as they are payment systems. It indicates where these cards are accepted as a form of payment.
The other three statements are true. Your debit card is like cash. When you use a debit card, the money is directly deducted from your banking account, just like how cash functions when you pay with it. we cannot borrow money using a debit card. Payment is made from the money you already have in your account, unlike a credit card where you borrow money from the bank to make a purchase. Lastly, Losing your debit card to friends is a not smart thing to do. It can pose risks to your financial security as debit card details can be misused for unauthorized transactions.
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Carla deposits $3,000 a year into her retirement account. if these funds have an average earning of 8 percent over the 40 years until her retirement, what will be the value of her retirement account?
Using the formula for compound interest, it can be calculated that the value of Carla's retirement account will increase to about $800,000 after 40 years, if she deposits $3,000 annually at an average interest rate of 8%.
Explanation:The value of Carla's retirement account after 40 years can be calculated using the formula for compound interest which is A = P(1 + r/n)^(nt). In this scenario, P is $3,000, r is the interest rate which is 0.08, n is the number of times that interest is applied per period, which is 1 (as it's annually), and t is the number of time periods the money is invested for, which is 40 years.
So, substituting in the values we have, A = 3000(1 + 0.08/1)^(1*40). Therefore, the value of Carla's retirement account will be approximately $800,000 after 40 years.
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In two to three sentences, explain why the private businesses will not provide public goods.
Final answer:
Private businesses do not provide public goods due to the nonexcludability of such goods, leading to the free rider problem, which is why these goods are usually provided by the government through taxation.
Explanation:
Private businesses typically do not provide public goods because these goods are nonexcludable and non-rivalrous, meaning they cannot prevent non-payers from using them and one person's use does not diminish another's ability to use them. For instance, national defense is a public good that is freely available to all citizens irrespective of their contribution to its cost, making it implausible for a private firm to charge for it. The inability to exclude non-payers leads to the free rider problem, undermining the private sector's ability to profitably provide these goods. Hence, public goods like national defense are typically provided by the government which possesses the unique ability to fund such services through taxation.
Which of these could result from decreased federal spending?
a.Advances in the space program
b.Fewer social programs
c.Increased national debt
d.More government regulation
It is less important to account for factors like warranties and durability when purchasing a
A. durable good
B. long-term product
C. nondurable good
D. very expensive item
The answer is C) nondurable good
I took the test and C was correct.
What is the purpose of file extensions?
A. They execute the mail merge function.
B. They tell the operating system what kind of document you are creating.
C. They set up your files in an organized hierarchy.
D. They run the spelling checker and grammar checker features.
The purpose of File Extensions is that they tell the Operating system what kind of document you are creating.
What is File Extension?A filename extension or file extension is a suffix added to the name of the computer file which indicates the characteristics of the file or its purpose.
What is Operating System?Operating System is the initially loaded programme in the computer which manages all the running programmes, applications and functions of the computer. Some of Operating systems are Linux, Microsoft Windows, Mac OS etc.
What is a Document?Any file which contains any kind of information is a Document. Document can be in any mode like Hard copy or in electronic form like pdfs, excel sheets etc.
Hence Option B is the Correct answer.
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File extensions help the operating system understand the type of file, to manage and open it with the correct program.
Explanation:The purpose of file extensions is to indicate to the operating system what type of file it is dealing with. This helps the operating system to know which program can open and work with the file. For example, a '.docx' extension indicates a Microsoft Word document, and an '.mp3' indicates an audio file. Thus, the correct answer to the question is:
B. They tell the operating system what kind of document you are creating.
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How might a surplus of food have helped civilizations advance from hunter-gatherer societies?
A.A surplus of food allowed people to move to new homes more often.
B.A surplus of food allowed people to specialize in different jobs.
C.A surplus of food allowed people to hunt large animals more easily.
D.A surplus of food allowed more people to become successful farmers.
Answer:
it helped them have time to do differant jobs
so b
Explanation:
Credit reports are created by?
In _____ interviews, interviewers tend to ask questions which they see fit and do not depend on a fixed set of questions for their interviews.
In unstructured interviews, interviewers tend to ask questions which they see fit and do not depend on a fixed set of questions for their interviews. This type of interview is also known as a standardized interview or a researcher-administered survey.
In structured interview, on the other hand, managers ask each applicant the same standard question.
Samantha puts an initial $500 into a savings account. The account has a 4% annual compound interest rate. What is the function that best represents Samantha's account and how much does she have in savings after 5 years? Round your answer to the nearest dollar.
Hint: Use the formula, f(x) = P(1 + r)x.
f(x) = 500(1.4)x, $2,689
f(x) = 500(0.04)x, $512
f(x) = 500(1.04)x, $608
f(x) = 500(1.04)x, $5
What are some disadvantages and advantages of online grocery shopping?
What must an entrepreneur do after creating a business plan
After creating a business plan, an entrepreneur does finance the business.
Further Explanation:
Entrepreneur:
An entrepreneur is a person who alone can start his business. He is the only owner of his business. He does not have any partnerships with other people. He takes all the losses in the business. He also earns all the profit in the business. The successful entrepreneurs are those people who have the ability of leadership and risk management.
Business plan:
A business plan refers a plan in which the entrepreneur decides about when to start the business, the product that has been produced, short term goals, long term goals, estimated how much units produced, cost of production of units and other expenses that have been occurred after starting the business.
After making a business plan, he does finance the business. The entrepreneur starts financing the business. He looks after the sources of finance and how much finance should borrow and how much investment he can do own, and from what sources the entrepreneur should take finance whether from a private bank or any other sources. An entrepreneur decides on the basis of that the debt should not be more than equity as it creates more burden on the business to pay the debt immediately.
Learn more:
1. Learn more about business law
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2. Learn more about starting a business
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3. Learn more about profit margin
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Answer details:
Grade: Middle School
Subject: Business
Chapter: Entrepreneurship
Keywords: Must, an entrepreneur, do after, creating, business plan, business, Entrepreneurship, to finance the business, own business, short term goals, long term goals.
Which of the following statements is correct? ACars typically lose the most value in the first year after purchase. BHouses will always appreciate in value over the long-term. CBoth A & B D or neither a or b
I believe the answer is: A. Cars typically lose the most value in the first year after purchase
As the miles usage in cars increase, the quality of the machine tend to deteriorate, which would lead to the decrease in the cars' value. On top of that, the new model that given by car companies tend to possess better technology/design. On average, cars tend to lose 15 - 25 % in value during the first year.
Total quality management theorizes that if workers are more responsible, they will ______.
a.
Increase overall quality
b.
Reduce overall quality
c.
Have no effect on overall quality
d.
None of the above
Total quality management (TQM) theorizes that if workers are more responsible, they will increases overall quality. Correct answer:A
TQM is a management approach towards improving the quality of an organization's outputs, including goods and services, through continual improvement of internal practices and leading to long–term success through customer satisfaction.
Total quality management theorizes that if workers are more responsible, they will Increase overall quality. Therefore option A is correct.
What is Total Quality Management Theory?Businesses employ quality management systems to make their operations more profitable by increasing process efficiency. In order to empower employees, foster a sense of teamwork, and concentrate on the voice of the customer, total quality management systems use a number of techniques and theories.
Businesses that use a TQM system regularly make small adjustments to improve the quality of their operations and output. Employees that follow a continuous improvement methodology must aim for efficiency and zero defects across all processes. Continuous improvement initiatives actively look for areas that need improvement.
Hence, Total quality management theorizes that if workers are more responsible, they will Increase overall quality.
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You have $200 in your account. You are very responsible. What is the maximum amount of money you should spend? A. $199. B. $225. C. $200. D. $100.
Explain the connections between democracy and the free enterprise system.
Economic question ... Select the items that describe goods.
cars
houses
getting a haircut
going to a movie
Answer:
Cars and Houses
Explanation:
why do you think it is important to plan expenditures carefully?
Answer:
It is important to plan expenditures carefully because you do not need to over spend money or spend money that you do not have. ... The interest for the savings account will get you more money. Investing money is the riskier of the two. You can loose all of your money or you can earn even more money.
Explanation:
Use your own words but i hope this helped<3
God Bless!
Which is a certificate of debt issued by corporations and governments?
1. Stock
2. Bond
3. Annuity
For Plato users the answer is B. bond
Metropolitan Bus Company purchases diesel fuel from American Petroleum Supply. American Petroleum Supply charges $250.00 to cover delivery expenses. The lead time for a new shipment from American Petroleum is 10 days and the cost of holding a gallon of fuel in storage is $0.04 per month or $0.48 per year and annual fuel usage is 150,000 gallons. MBC operates 300 days a year. What is the optimal order quantity for MBC? How frequently should MBC order to replenish the gasoline supply? The MBC storage tanks have a capacity of 150,00 gallons. Should MBC consider expanding the capacity of its storage tanks? What is the reorder point?
It is often easier for a brand-new business to get a loan than an existing business. True Or False
Answer:
False
Explanation:
It is very difficult for a start-up to get a loan. Banks usually request businesses to present a cash flow in order to get a loan, but if the company has just been established there is nothing to show.
That is why government entities and other private organizations offer financing options to entrepreneurs, e.g. SBA loans or grants, crowdfunding, venture capitalists