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suter [353]
2 years ago
8

The chart shows the costs associated with the purchase of a new home. A 2-column table has 5 rows. The first column is labeled C

omponents with entries principal after down payment, origination fee, closing costs, total principal, and additional taxes. The second column is labeled Cost with entries 240,000 dollars, 1,200 dollars, 4,800 dollars, 246,000 dollars, 4,000 dollars. What is the best conclusion that can be drawn from the information in the chart? It is too expensive for most people to buy a new home. There are additional fees and costs involved in taking out a mortgage. Making a down payment means taxes do not have to be paid. Fees and taxes make up about 50 percent of the costs of buying a home.
Business
2 answers:
GuDViN [60]2 years ago
6 0

Answer:

THere are additional fees and cost involved in taking out a mortgage

Explanation:

the chart gives no information about people's salary or savings etc. so we can't say if it expensive for them or not.

Even after making downpayment some taxes have to be paid as is shown in the chart

Fees and taxes are much less than half the cost of house so they can't make up 50% of the costs.

AnnZ [28]2 years ago
4 0

Answer: A was worng and it was about"It is too expensive for most people to buy a new home."

So it might be B)There are additional fees and costs involved in taking out a mortgage.

Explanation:

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The efforts of employees who work directly to convert direct materials into the finished product are referred to as ______
Alex_Xolod [135]

Answer:

Direct labor

Explanation:

The role of direct labor is to convert direct material into the finished products. Without the help of direct labor, it is impossible to convert the direct material into the finished goods.

Here, the direct material means the labor which works on manufacturing a product which is directly related to the production level. The allocation of direct labor is done based on the number of hours worked or product.

Hence, The efforts of employees who work directly to convert direct materials into the finished product are referred to as direct labor

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2 years ago
Over the years, Zebra Productions has been slow making payments to its bank. Now it is in need of financing. Based on past exper
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Answer:

D) prime rate plus 4 percent

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<em>Zebra Productions</em> will now be qualified as a sub-prime customer as it has been slow making payments to its bank. This has made its credit rating and quality lower. The lower credit rated customers are charged <em>sub-prime lending </em>rates which is charging interest rates higher than the prime lending rate ( lower interest rate for good credit rating customers). This is due to the fact that the bank is taking <em>higher risk</em> on the borrower's account and thereby should get <em>higher return</em> for taking higher risk.

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3 0
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Melanie has a balance of $1700 on a credit card with an apr of 24.2%, compounded monthly. about how much will she save in intere
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Joshua Industries is considering a new project with cash inflows of $478,000 for the indefinite future. Cash costs are 68 percen
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Answer:

$93,940.85

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Adjusted present value is the sum of net present value of after tax cash flow and net present value of tax shield.

First compute after tax cash flow:

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