answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
hram777 [196]
2 years ago
7

Demarco and Tanya have received information about three separate mortgage offers. In two or three paragraphs, describe your reco

mmendation for the best financial choice in their situation.
Business
1 answer:
Alex787 [66]2 years ago
5 0

Answer: first one

As for Mortgage Option 3, not only is the interest rate higher (4.0%), but the remaining balance that is not paid has to be paid off completely in 8 years. After the down payment, they would have a $1,605 monthly payment which includes the fixed interest rate of 4.25% as well. Due to the short payment time, a borrower has a risk of loosing their home and equity if the final payment is not able to be made. Mortgage Option 2 has the lowest interest rate (3.5%) but these rates could be adjusted annually. Even though the interest rate is the highest, they would be able to afford it. Not only are they able to make these payments, Tanya and Demarco would also have. approximately $3,395 left to spend from their monthly earnings too.

Explanation:

credit to mohammedalm2

You might be interested in
Management in life you have lunch with a friend who was recently promoted to a management position. “congratulations!” you say.
Andre45 [30]
You can offer these time management tips:
1. Decide on the most important tasks and complete those ones first.
2. Sleep for at least seven hours and begin your day very early and create task list for the day.
3. When handling a task, give your whole attention and focus to that task until you are through with it.
4. Learn to say 'no' when necessary.
5. Minimize distractions as much as possible.
6. Do not procrastinate.
7. Take break when necessary.
 <span />
5 0
2 years ago
Salaries Expense before adjustment at September 30, the end of the fiscal year, has a balance of $140,000. The amount of accrued
MatroZZZ [7]

Answer:

income summary 143,100 debit

    salaries expense    143,100 credit

Explanation:

The company will do an adjusting entry to reocrd the expense for the accrued but not payed salaries of the year:

salaries expense 3,100 debit

   salaries payables 3,100 credit

Thus, the total slaries expense for the year would be:

140,000 + 3,100 = 143,100

To close we will leave the expenses balance at zero thus, we will credit this amount against an auxiliary account called income summary.

5 0
2 years ago
When gathering marketing intelligence, companies often use the U.S. census, which provides an in-depth look at the population sw
Tanzania [10]

Answer:

"B"

Explanation:

Market intelligence are sets of tool that can provide information about customers , competitors and other market related factors in order to increase market shares , reduce cost and improve profit

A lot of information are required and can be time consuming and costly .

To this effect  an organization always look out for the best possible ways of achieving this in a cost effective way.

We have experts who are specialists in this and an organization can also make use of available data that are related to their marketing objectives.

7 0
2 years ago
Mullen Company purchased a new machine costing $55,200 on January 1, 2017. The machine is expected to have a $3,600 salvage valu
viva [34]
A. 8,600 is the answer
8 0
2 years ago
Read 2 more answers
g in which one of the following instances is it not advantageous to concentrate a company's activities in a few locations when a
umka21 [38]

Answer:

<u>a case where acquiring a local business may be the quickest, least risky, and most cost-efficient means of hurdling entry barriers.</u>

Explanation:

In such circumstances, it is best that the international corporation acts decisively by seeking hard to expand to various locations since this gives then an advantage of operating under an already known business name.

The fact that this method of entry is quickest, least risky, and most cost-efficient means of hurdling entry barriers,<u> it should give then more reasons to expand to other locations.</u>

4 0
2 years ago
Other questions:
  • Yeast is used in bread baking; it has a rapid doubling time of approximately 90 minutes. (note: use the concepts of half-life or
    6·2 answers
  • Black and Decker decides to discontinue producing toasters in lieu of more versatile toaster ovens. In the process of discontinu
    5·1 answer
  • Joseph inherited a set of candlesticks that he has no use for. He took them to an antique dealer to find out what they were wort
    11·1 answer
  • A client is using the Sales on Account workflow. Instead of receiving a payment against the invoice, they add a new deposit cate
    13·1 answer
  • Is the futures price of a stock index greater than or less than the expected future value of the index? Explain your answer.
    8·1 answer
  • Bob DeSlob is CEO of Westlake Inc. that manufactures and sells widgets. Bob has decided that a safety feature recommended by the
    6·1 answer
  • Assume that you have invested $100,000 in Japanese equities. When purchased, the stock's price and the exchange rate were ¥100 a
    13·1 answer
  • 4. Formulate an equation that would allow you to calculate the PERCENTAGE of people who filed their taxes during the week of Apr
    7·1 answer
  • QUESTION 8 of 10: You are counting your competitors in town. This number is a(n):
    11·1 answer
  • Carla Vista Corporation is a lessee with a finance lease. The asset is recorded at $1040000 and has an economic life of 8 years.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!