Answer:
$200
Step-by-step explanation:
The annual tax bill is ...
2.4% × $100,000 = $2,400
On a monthly basis, that is ...
$2400/(12 mo) = $200/mo
Taxes will add $200 per month to Bonnie's mortgage payment.
Answer:
$11.50
Step-by-step explanation:
I believe that $11.50 is the amount that Luke owes to his parents because their parents let them go beyond their allowances. Right now Luke is at debt for $-11.50 and has to pay their parents $11.50.
Answer:
The answer is "$ 11,961.43"
Step-by-step explanation:
Given values:
P = $ 9500
r= 2.1 %
time (t)= 11 year
total quarterly year =4
Formula:

quarterly time = 



For the house A we have:
f (x) = 124270 (1.04) ^ x
Evaluating for 7, 8, 9 and 10 we have:
f (7) = 124270 (1.04) ^ 7 = 163530.8422
f (8) = 124270 (1.04) ^ 8 = 170072.0759
f (9) = 124270 (1.04) ^ 9 = 176874.9589
f (10) = 124270 (1.04) ^ 10 = 183949.9573
For house B we have:
f (x) = 114270 (1.05) ^ x
Evaluating for 7, 8, 9 and 10 we have:
f (7) = 114270 (1.05) ^ 7 = 160789.3653
f (8) = 114270 (1.05) ^ 8 = 168828.8336
f (9) = 114270 (1.05) ^ 9 = 177270.2752
f (10) = 114270 (1.05) ^ 10 = 186133.789
We observe that for years 7 and 8 the value of house A is greater than the value of house B.
Answer:
7 and 8