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Orlov [11]
2 years ago
12

Julie bought a house for $315,000 and has a $285,000 mortgage. she claims she has $315,000 in equity. is she correct? if not, ho

w much home equity does she have? explain.
Computers and Technology
2 answers:
mr Goodwill [35]2 years ago
5 0
No she is not. Equity is equal to assets less liabilities. Her asset is the house market value and her liability is the payable mortgage amount of the house.
where
 asset = $315000
 liability = $285000

Julie's Home equity =  asset - liability
                                = $315000- $285000
                                = $ 30000


scoundrel [369]2 years ago
5 0

Answer:

No, she is not correct. She has only $30,000 in home equity. Equity is the value of ownership in an asset minus any debts owed on it. $315,000 minus $285,000 is $30,000.

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Answer:

The correct answer is:

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5 0
2 years ago
Greg is writing a report on becoming an advertising and promotions manager. Complete the report by correctly filling in the miss
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8 0
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Semenov [28]

Answer:

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Explanation:

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8 0
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# 1) Complete the function to return the result of the conversion
seraphim [82]

Answer:

See explanation

Explanation:

Replace the ____ with the expressions in bold and italics

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return km returns the result of the computation

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3 0
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Create a single list that contains the following collection of data in the order provided:
ivann1987 [24]

Answer:

A code was created to single list that contains the following collection of data in the order provided

Explanation:

Solution

#list that stores employee numbers

employeee_numbers=[1121,1122,1127,1132,1137,1138,1152,1157]

#list that stores employee names

employee_name=["Jackie Grainger","Jignesh Thrakkar","Dion Green","Jacob Gerber","Sarah Sanderson","Brandon Heck","David Toma","Charles King"]

#list that stores wages per hour employee

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#list that stores salary employee

company_raises=[]

max_value=0

#list used to store total_hourly_rate

total_hourly_rate=[]

underpaid_salaries=[]

#loop used to musltiply values in hourly_wages with 1.3

#and store in new list called total_hourly_rate

#len() is used to get length of list

for i in range(0,len(hourly_rate)):

#append value to the list total_hourly_rate

total_hourly_rate.append(hourly_rate[i]*1.3)

for i in range(0,len(total_hourly_rate)):

#finds the maximum value

if(total_hourly_rate[i]>max_value):

max_value=total_hourly_rate[i] #stores the maximum value

if(max_value>37.30):

print("\nSomeone's salary may be a budget concern.\n")

for i in range(0,len(total_hourly_rate)):

#check anyone's total_hourly_rate is between 28.15 and 30.65

if(total_hourly_rate[i]>=28.15 and total_hourly_rate[i]<=28.15):

underpaid_salaries.append(total_hourly_rate[i])

for i in range(0,len(hourly_rate)):

#check anyone's hourly_rate is between 22 and 24

if(hourly_rate[i]>22 and hourly_rate[i]<24):

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elif(hourly_rate[i]>24 and hourly_rate[i]<26):

#adding 4%

hourly_rate[i]+=((hourly_rate[i]/100)*4)

elif(hourly_rate[i]>26 and hourly_rate[i]<28):

#adding 3%

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else:

#adding 2% for all other salaries

hourly_rate[i]+=((hourly_rate[i]/100)*2)

#adding all raised value to company_raises

company_raises.extend(hourly_rate)

#The comparison in single line

for i in range(0,len(hourly_rate)):

 For this exercise i used ternary

operator hourly_rate[i]= (hourly_rate[i]+((hourly_rate[i]/100)*5)) if (hourly_rate[i]>22 and hourly_rate[i]<24) else (hourly_rate[i]+((hourly_rate[i]/100)*4)) if (hourly_rate[i]>24 and hourly_rate[i]<26) else hourly_rate[i]+((hourly_rate[i]/100)*2)

8 0
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