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2 years ago

5

The selling price of a property is $96,000. this can be financed if the buyer can put 10 percent down and pay a loan origination

fee of 1.5 percent. how much cash must the buyer produce to complete this transaction?

1 answer:

Romashka-Z-Leto [24]2 years ago

4 0

The buyer must produce $10896

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Juan Moore's gross weekly salary is $800.00. He is married and claims 3 allowances. His federal income tax deduction is $53. The

bonufazy [111]

$633.40 his deductions total up to $166.60 so subtract that from his gross amount

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2 years ago

You are the manager of a firm that receives revenues of $40,000 per year from product X and $80,000 per year from product Y. The

Reil [10]

Answer:

The price elasticity of product x is -2 which suggests a negative co relation between price and demand. Also it suggests that with a one percent change in price the demand will change 2 percent in the opposite direction. So if the price of x is increased by one percent its demand will fall by 2 percent, which means a net decrease of 1(2-1) percent in revenue. 40,000*0.01=400

A negative cross elasticity suggests that the two goods are complementary and increasing the price of one good will lower the demand of the other one. SO in this case a one percent increase in the price of Good x will decrease the demand of good y by 1.7 percent therefore decreasing its revenue by 0.017*80000= 1360

Total Revenue will decrease by 1760 (1360+400)

Explanation:

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2 years ago

Jackie Swain obtains a $65,000 loan on her home. The principal and interest payments are based on a factor of 8.05 per $1,000. T

Dmitriy789 [7]

Answer:

total interest paid = $123,370

Explanation:

given data

loan = $65,000

factor = 8.05 per $1,000

time = 30 year = 30 year × 12 months = 36 months

rate = 9% = 0.09

solution

first we get here payments on principal and interest for factor 8.05 per $1,000 will be

payments on principal and interest = $65 × 8.05

payments on principal and interest = $523.25 per month

payments on principal and interest = 523.25 × 360 months

payments on principal and interest = $188,370

so total interest paid will be

total interest paid = $188,370 - $65,000

total interest paid = $123,370

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2 years ago

Apple is an established firm that encourages and emphasizes entrepreneurial behavior throughout its various divisions. Apple pra

lyudmila [28]

Answer:

Corporate entrepreneurship

Explanation:

Corporate entrepreneurship -

It is the method , adapted to establish some fresh business services , products and processes in an already existing organization is referred to as a corporate entrepreneurship .

This method is adapted in order to generate revenue and incorporate new goods and services .

This method increases the innovation and growth of the existing organisation.

Hence , from the given scenario of the question,

The correct term is Corporate entrepreneurship .

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2 years ago

Consider the effects of inflation in an economy composed of only two people: Charles, a bean farmer, and Dina, a rice farmer. Ch

Fantom [35]

Answer:

1) Suppose that in 2017 the price of beans was $2 and the price of rice was $8.

a) inflation rate = 100%
b) both are unaffected

old price of beans = $1, new price $2, inflation rate 100%

old price of rice = $4, new price $8, inflation rate 100%

The inflation rate measures the change in the general price level of an economy during a certain period of time, in this case during a year from 2016 to 2017.

Since Gilberto produces beans and Juanita produces rice, and the price of both of their products increase equally (100%), then the inflation rate will not affect them. Their consumption levels also remain the same, no one decided to consume more of one product and less of the other.

2) Now suppose that in 2017 the price of beans was $2 and the price of rice was $4.80.

a) 60%
b) Charles is better off while Dina is worse off

old price of beans = $1, new price $2, inflation rate 100%

old price of rice = $4, new price $4.80, inflation rate 20%

average inflation rate = 60%

Since Charles produces beans, and the price of his products increased a lot, he will be better off, while Dina will be worse off since the price of rice increased much less.

3. Now suppose that in 2017, the price of beans was $2 and the price of rice was $1.60.

a) 20%
b) Charles will be better off, Dina will be worse off

old price of beans = $1, new price $2, inflation rate 100%

old price of rice = $4, new price $1.60, inflation rate -60%

average inflation rate = 20%

4) What matters more to Charles and Dina?

The relative price of rice and beans is more important to Charles and Dina.

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2 years ago