Kevin wants to buy a house that costs $350,000. Kevin will need to go to a bank and obtain a mortgage in order to purchase the house. The bank requires a 25% down payment. a) How much money will Kevin need for a down payment? b) If he wants to borrow the remaining amount, how much of a loan would he have to obtain?

Answers

Answer 1

_________________________________

a) = 25% × $350,000 ÷ 100 = $87,500b) = $350,000 - $87,500 = $262,500

_________________________________


Related Questions

A Web site's Terms of Use grants the Web site the right to do what?
0
use your personal information in its advertisements
O sell its users' personal information to third parties for them to market to specific customers
O use its users' posts and photographs to gather information about its consumers
o both the first and third answers

Answers

it might be d because b isnt correct and the A and c are correct so im thinking therfor the answer is d

Answer:

both the first and third answers

Explanation:

I tried answering "use its users' posts and photographs to gather information about its consumers" and it was wrong, and then I retook the quiz and answered "sell its users' personal information to third parties for them to market to specific customers" and it was wrong. I know they can sell your information to make targeted ads, so it must be the answer that says "both the first and third answers".

4 of 5) What is a good way to stay diversified?
A. Invest only in ETFs
B. Invest only in Mutual Funds
C. Re-balance your portfolio every 3 months
D. These are all good ways to stay diversified

Answers

Answer: C

Explanation: Re balance your portfolio every 3 months.

3. Which one of the following is a reward that an entrepreneur might expect to gain from running
their own business?
a. Business fallure
b. Independence
c. Financial loss
d. Lack of security

Answers

B. independence
the rest of the answers are disadvantages
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tions (Online
Virtual)
Click this link to view O*NET's Wages and Employment section for Construction Managers. According to O*NET,
what is the projected growth for this career between 2019-2029?
average
O much faster than average
o little or no change
o slower than average

Answers

Answer: much faster than average

Explanation: Construction managers are the people that are responsible for the coordination and supervision of projects that has to do with construction of building, bridges, road, hospitals etc.

The construction manager is responsible for monitoring finances and ensuring that every firm of hazard is removed from the workplace.

According to O*NET, the projected growth for this career between 2019-2029 would be much faster than average.

Therefore, the correct option is B.

Answer:

B- Much Faster Than Average

Explanation:

Attached is the O*Net conclusion and my Edge answer. Please read the question carefully to make sure that you are answering the right one, this is for Construction Managers

A list of the knowledge, skills, and other qualities a person must possess in
order to qualify for a job is called a
A. human resource plan
B. job description
C. résumé
O D. job specification

Answers

Answer:

Job description

Explanation:

Just did it

A list of the knowledge, skills, and other qualities a person must possess in order to qualify for a job is called a job description. The correct option is B.

What are good job descriptions?

A clear and attractive job description is a sign of a good one. Make your ads easy to read because job seekers may search for open positions on their phones. Lists with bullets are simpler to read than paragraphs with a narrative structure. Additionally, well-structured sections aid in separating responsibilities from prerequisites and necessary from desirable skills.

The tasks, duties, functions, and responsibilities of a position are described in a job description, which is a helpful document written in simple language. It specifies who is responsible for carrying out a particular type of work, how it is to be done, how frequently it is to be carried out, and how it relates to the mission and objectives of the organization.

Thus, the ideal selection is option B.

Learn more about job descriptions here:

https://brainly.com/question/29802928

#SPJ2

Which of the following is a disadvantage of being a private limited company?
a. It has a separate legal Identity and therefore has continuity
b. Control is kept over who buys shares in the company
c. Shareholders' personal possessions cannot be taken to pay any debts
d. A summary of the business's accounts can be viewed by the public

Answers

The most likely answer here is B

a market economy is regulated by the intercations between which two things​

Answers

Answer

Explanation:

producers and consumers in the market.

please give me brainliest

Answer:

Producers and consumers

Explanation:

Interactions between suppliers and consumers regulate economic activities in a free market economy. Demand and supply determine the goods and services to be produced and availed in the market. Suppliers represent the supply side, while consumers represent the demand.

Suppliers are profits motivated. They will supply goods and services that will generate high profits. These are the goods that consumers demand more.

low inflation is a sign of?

Answers

Answer:

usually signals demand for goods and services is lower than it should be, and this tends to slow economic growth and depress wages.Jun

Explanation:

The federal government has categorized all careers into career clusters. How many career clusters are there?


16

20

13

10

Answers

There are 16 career clusters

Answer:

16

Explanation:

Helen is the head of the accounts department in a small business. She is calculating the various expenses that the business has incurred in the past quarter. On which asset would she need to calculate the expense of depreciation?
A.
cash
B.
inventory
C.
machinery
D.
accounts receivable

Answers

Answer: c machinery

Explanation:

I got it correct

Answer:

C. machinery

Explanation:

Depreciation is the technique accountants use to spread the cost of a tangible asset over its useful life. Depreciation apportions the cost of the tangible asset throughout its productive life as opposed to expensing it in the year of acquisition.

Tangible assets such as machinery are capital extensive. They are expected to generate revenue for the business for several periods. As per the matching principle, the cost of an asset should be accounted for in each of its useful life.

Comment on the degree to which a market economy establishes liberty for individuals. Using ideas from the Circular Flow Model, with injections and leakages, include comments on the role of the government, financial institutions such as banks, and the international market in protecting liberty for individuals. Consider the role of households in the Circular Flow. Make at least three points and discuss them in a paragraph.

Answers

Answer: I dont know how to solve it i'm sorry -_-

Explanation:

depessed need someone to help me through a war

Answers

Answer:

Find the happy things in life :)

Answer:

what kind of war should i help you with ?

Select all that apply.

______ are examples of personal values.
A. Recognition
B. Relationships
C. Enthusiasm
D. Courage

Answers

The answer is :
B,c&d

Answer:

Relationships

Enthusiasm

Courage

Discussion Topic
In this unit, you learned about several documents that businesses commonly use. Why
are clarity and accuracy such important parts of writing reports, proposals, instructions,
policies, and contracts? What are some of the challenges of analyzing and interpreting
policies and contracts? Why?

Answers

Answer:

Clarity and accuracy are important parts of writing because it helps people understand what the writer is talking about. You don't want people to read your report or proposals and be confused.

Explanation:

Clarity and accuracy are important parts of writing because it helps people understand what the writer is talking about and makes for a more effective message. If the author didn’t use these things, clients and consumers could become confused about the message and meaning and the execution of whatever plan was intended. Some challenges of analyzing and interpreting policies and contracts are that everyone has their own way of looking at things and will place those opinions over whatever they are working through.

Dotty's is a high fashion boutique, owned by entrepreneur Daisy Smith. The
business has been open a year, and specialises in designer outfits for women.
Daisy made the decision to set up the business after working in a high street
chain for five years.
Which of the following does NOT analyse how entrepreneurial skills will enable
Daisy's business to be more financially successful?​

Answers

Answer: By being organized, Daisy will be abke to ensure that her business runs more smoothly and that she has stock in the shop when is is needed and the suppliers are paid on time. This could lower the levels of stress experienced by Daisy and lead to her enjoying a better work life balance.

Explanation:

The option that doesn't analyse how entrepreneurial skills will enable

Daisy's business to be more financially successful is that "By being organized, Daisy will be abke to ensure that her business runs more smoothly and that she has stock in the shop when is is needed and the suppliers are paid on time. This could lower the levels of stress experienced by Daisy and lead to her enjoying a better work life balance".

We should note that while other options shows that there will be an increase in customer, increase in sales and lead her to be more financially successful, this particular option only relates to her work-life balance and not have an impact on her financial stability.

Hey everyone, I just thought you all should know that...
you are AMAZING
you are BEAUTIFUL
you are SMART
you are KIND
you are NOT going to give up on your FIGHT
and you better stay ALIVE!!! <33

Answers

Answer:

thanks lol

you too-

You are a business loan has a variable interest rate next month the annual rate will jump from 6.3% to 7.8%. Your balance is 1,620,000 how much your monthly payment go up

Answers

Answer: $‭2,025‬

Explanation:

Your monthly payment based on the rate of 6.3% per annum is:

= (6.3% * 1,620,000 ) / 12 months

= 102,060‬ / 12

= $‭8,505‬

Now that the rate has gone up to 7.8% per annum, the payment is:

=  (7.8% * 1,620,000 ) / 12 months

= ‭126,360‬ / 12

= $‭10,530‬

Payment went up by:

= ‭10,530‬ - 8,505

= $‭2,025‬

An example of an asset is:

Answers

Answer:here

Explanation: A company lists its assets with a dollar amount on balance sheets. Assets are made up of liabilities and equity on the balance sheet.

Asset: noun
a useful or valuable thing, person, or quality.
"quick reflexes were his chief asset"property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies. military equipment, such as planes, ships, communications and radar installations, employed or targeted in military operations.

What is the purpose of the 1040 series of tax forms?

To file an extension for submitting your individual tax returns

To file individual tax returns To file corporate tax returns

To declare that you owe nothing in taxes​

Answers

Answer:

To file individual tax returns

Explanation:

The IRS 1040 form is a formal document from the IRS that individual taxpayers in the US use to file tax returns. It is a form for filing personal tax returns by US residents. Form 1040 assist an individual in calculating the amount of taxable income. It helps determine the tax amount due or amount of refund to claim from the IRS.

how to get over your crush that youve had for like forever (2 years lol)

Answers

Answer:

Weed

Explanation:

Answer:

dont think abt him/her

get a new hobby or try something new to get ur mind off that person

Hope this helps!!

Click this link to view O*NET’s Skills section for Foresters.

Note that common skills are listed toward the top, and less common skills are listed toward the bottom.

According to O*NET, what are common skills needed by Foresters? Select five options.

speaking
troubleshooting
monitoring
equipment maintenance
complex problem-solving
coordination
repairing
critical thinking

Answers

Answer:

speaking

monitoring

complex problem-solving

coordination

critical thinking

Explanation:

Answer:

Explanation:

speaking

monitoring

complex problem-solving

coordination

critical thinking

How are Epigenetic tags different from genes?

* please i really need help i ask this question but nobody answer so i had to post it again \(>~<)/

Answers

Answer:

epigenetics is the term used to describe inheritance by mechanisms other than through the DNA sequence of genes. It can apply to characteristics passed from a cell to its daughter cells in cell division and to traits of a whole organism.

Explanation:


11
Which of the following is the term used to describe activities falling outside of the normal, required curriculum of school?
O Extraneous activities
extracurricular activities
supplementary activities
copious activities

Answers

B. extracurricular activities!

Which of the following describes what test engineers do?
determine appropriate audiences for product evaluation

design specifications for product development

analyze functionality of products

identify the appropriate tools for product evaluation

Answers

Answer:

Explanation:C

Answer:

its c they analyze functionality of products

Explanation:

what do you prefer local fundraising or global fundraising and why? (just one reason)

Answers

Answer:

Doing local fundraising for a large organization can sometimes seem complicated and unwieldy.  Whether you are running a local affiliate of a large national organization, or are responsible for raising funds in a single neighborhood for a small, city-wide charitable group, raising local money for larger groups presents a unique challenge. I prefer local fundraising

global fundraising

Explanation:

because you can help people without water and electricy

Honesty is an example of a value.

True
False

Answers

Answer:

True

Explanation:

Honesty is a value

:)

Answer: true, personally not sure if this is for edge or not

Explanation:

yeah

f Carlin can afford $350 per month, she could have just bought a more expensive house ($94,000 -- one of the nicest houses in her neighborhood!). Do you think she should pay off an expensive house in 30 years? Or, should she pay off a cheaper house in less time with less interest? Explain why you feel that way. How much total interest will she pay over the course of the mortgage for this house?

Answers

Answer:   she should buy the cheaper house with interest because even with interest its still prob cheaper and you didnt give the interest amount

Explanation:

Type the correct answer in the box. Spell all words correctly. The demand curve has what kind of slope?

Answers

Answer:

Usually slopes downwards

Explanation:

in a negative association

Race, sex, and religious beliefs are traits that cannot be used as
a basis for workplace treatment because they are
1. Private choices
2. Protected characteristics
3. Positive characteristics
4. Protected choices

Answers

I’m not very sure but the answer should be number 3
The answer should be 2

what tends to happen to earnings as a person becomes more educated?
a. earnings increase
b. earnings aren't linked to education
c. earnings decrease
d. earnings stay the same

Answers

Answer:

A

Explanation:

Answer:

the answer is A

Explanation:

because learning equals cash

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