Theresa is buying a condo that costs $127,500. She has $8,300 in savings and earns $3,200 a month. Theresa would like to spend no more than 20% of her income on her mortgage payment. Which loan option would you recommend to Theresa? a. 30 year fixed, 6. 5% down at a fixed rate of 5% b. 30 year FHA, 3. 5% down at a fixed rate of 6. 5% c. 30 year fixed, 5% down at a fixed rate of 6. 25% d. 30 year fixed, 10% down at a fixed rate of 5. 75%.

Answers

Answer 1

Answer:a)30 year fixed, 6.5% down at fixed rate of 5%

Explanation:

Answer 2

Based on the information given, the loan option that would you recommend to Theresa is A. 30 year fixed, 6. 5% down at a fixed rate of 5%.

A loan simply means a form of debt that's incurred by an economic entity.

It should be noted that when an individual takes a loan, it's expected to be paid back in a particular period of time.

Therefore, the loan that will be recommended to Theresa is a 30 year fixed, 6. 5% down at a fixed rate of 5%. The reason is that it's cheaper when compared to other loan options.

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Related Questions

On a school field trip, the number of students, y, is always proportional to the number of adults, x. The line representing this relationship passes through the point (8,96). What is the unit rate, and what does it represent for this situation?

Answers

The unit rate means that there are 12 students for each adult.

A linear equation is in the form:

y = mx + b

where y, x are variables, m is the rate of change and b is the initial value of y.

Let y represent the number of students and x represent the number of adults. Since y is proportional to x, hence:

y = mx

The line passes through the point (8,96):

96 = 8m

m = 12

The unit rate means that there are 12 students for each adult.

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The effects of tariffs and quotas are: a(n) __________ in consumers' surplus, and a(n) __________ in producers' surplus.

Answers

Answer:

decrease; increase

Explanation:

Given a GDP deflator of 120 and a Nominal GDP of 7.8 billion dollars, calculate Real GDP. (1 point)
O 6.5 billion dollars
O 9 billion dollars
09.36 billion dollars
O 6.6 billion dollars

Answers

Answer:

It's 6.5

Explanation:

7.8/(120/100)=6.5

A GDP is calculated as Nominal GDP is divided by the GDP deflator.

The calculation is shown below

$7.8 / $120

=0.065

The answer needs to be multiplied by 100

and therefore

0.065 * 100

= 6.5 billion dollars

The answer is 6.5 billion dollars.

What is GDP?

GDP stands for Gross Domestic Product of a country this represents total monetary value of goods and services produced in a country during a specified period of time.

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If a bank uses $100,000 to purchase a building for $80,000 and equipment for $10,000, the balance sheet at the end of the transactions will be ______.

Answers

Answer:

cash = $10,000, property assets = $90,000, and stock shares = $100,000.

Explanation:

Why do employers prefer employers with good work ethics

Answers

When employers give jobs to people, they expect them to have good work ethics because it puts a good reputation on their name, as well as maintaining a steady work flow and sanitation.

Years ago, thousands of country music fans risked their lives by rushing to buy tickets for a Willie Nelson concert at Carnegie Hall. This behavior indicates Select one: a. nothing about the equilibrium price. b. the ticket price was at the equilibrium price. c. the ticket price was below the equilibrium price. d. the ticket price was above the equilibrium price.

Answers

There a lot of changes that affect price. This behavior indicates  this ticket was below the equilibrium price

When the price of goods and services is below the equilibrium price, there is known to be excess demand for the product and this is regarded as shortage of supply.

Due to the fact that quantity demanded is more than quantity supplied, consumers are known to be willing to buy more than producers are willing to sell. This result in a mismatch between demand and supply that will lead to the increase in price.

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explain the method of bookkeeping ?​

Answers

The two main accounting methods are cash accounting and accrual accounting. Cash accounting records revenues and expenses when they are received and paid. Accrual accounting records revenues and expenses when they occur. Generally accepted accounting principles (GAAP) requires accrual accounting.

Use the table to answer the question.
2007
2008
Price ($) Quantity
Price ($) Quantity
Video Games 60
100
60
200
Movies 15
20
12
50
The table above gives the prices and quantities for a fictional country that only produces video games and movies. What is the growth rate of Nominal
GDP from 2007 to 2008?
(1 point)
O 6,300
O 12,600
O 200%
O 100%

Answers

The growth rate of Nominal  GDP from 2007 to 2008 is 100%.

Nominal GDP is the gross domestic product of a country that is calculated using current year prices. It included real GDP and inflation.

Growth rate in GDP = (nominal GDP in 2008 / nominal GDP in 2007) - 1

Nominal GDP in 2007 = (60 x 100) + (15 x 20)

= $6000 + $300

= $6,300

Nominal GDP in 2008 = (60 x 200) + (12 x 50)

$12,000 + 600

= $12,600

Growth rate = ($12,600 / 6,300) - 1 = 100%

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Sanjana facilitated a hiring committee for her advertising company. Six employees (including two managers) met together to discuss applicants and select the finalists for a creative art director for the public relations department. Although the head of public relations would have the final nod on the candidate that would ultimately be hired, the evaluative work of the committee was very important because this group would send forward those persons they believed would be good work colleagues. In setting up this type of hiring process, the head of public relations was utilizing a(n) __________ style of leadership.

Answers

Answer:

D) participative

Explanation:

A participative leader is someone who is really involved in the company's activities and will be willing to receive input or advice from different employees and staff members. The leader will be open to consider the opinions of different staff members during decision making processes.

The leader as well as his/her staff members will be able to access all the relevant information and discuss possible options. Some participative leaders will also be willing to decide important issues through majority votes that include the leader and important staff members.

The particular market segment your company is trying to sell your products or services to is your _________.
A.
Customer profile
B.
Market share
C.
Community
D.
Target market

Answers

D it makes the most sense

Properties Inc. and Land Corp. sign a contract agreeing to pay commission to Properties Inc. for the sale of a property. If the contract has all the requirements necessary for one of the parties to enforce it in court, then it is:

Answers

Answer:

Properties Inc. and Land Corp. sign a contract agreeing to pay commission to Properties Inc. for the sale of a property. If the contract has all the requirements necessary for one of the parties to enforce it in court, then it is:

The requirements necessary for one of the parties to enforce it in court, then it is a voidable contract.

What is court?

A court is any person or institution with the jurisdiction to arbitrate legal disputes between parties and administer justice in civil, criminal, and administrative affairs in conformity with the rule of law. A court, often known as a court of law, is a person or group of people with the legal jurisdiction to hear and settle disputes in civil, criminal, ecclesiastical, or military issues.

A formal agreement between two parties that is voidable can become unenforceable for a variety of legal reasons, such as failure to reveal a crucial truth by one or both parties. a blunder, false statement, or fraud. excessive pressure or coercion.court

Although voidable contracts are not truly legitimate and enforceable, a party who has suffered a loss as a result of the contract's circumstances (for instance, if they were forced to sign it) may choose to "void" the contract and make it legally unenforceable.

Therefore, Thus option (A) is correct.

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#SPJ2

Juan earns a gross pay of $44,500. His employee benefits are 18% of his gross pay. What is the value of his benefits?

Answers

Answer: I think its $8,100

Explanation:

i hope it helps

Determine the characteristic for each market segment. This segment contains a common element that unifies its members. This segment contains an element that separates it from other segments. This segment is based on the response of members with a certain outlook. distinction arrowRight homogeneity arrowRight reaction

Answers

Answer:

Market segmentation is a marketing term that refers to aggregating prospective buyers into groups or segments with common needs and who respond similarly to a marketing action. Market segmentation enables companies to target different categories of consumers who perceive the full value of certain products and services differently from one another.

KEY TAKEAWAYS

Market segmentation seeks to identify targeted groups of consumers to tailor products and branding in a way that is attractive to the group.

Markets can be segmented in several ways such as geographically, demographically, or behaviorally.

Market segmentation helps companies minimize risk by figuring out which products are the most likely to earn a share of a target market and the best ways to market and deliver those products to the market.

With risk minimized and clarity about the marketing and delivery of a product heightened, a company can then focus its resources on efforts likely to be the most profitable.

Explanation: I was Just taking a test on this

Answer:

Got this correct on the Test.

Explanation:

distinction--->this segment contains an element that separates it from other segments.

homogeneity--->this segment contains a common element that unifies its members.

reaction--->this segment is based on the response of members with a certain outlook.

A city's water division generated $1.5 million in revenue. It reported expenses of $1 million, which included $200,000 paid to an internal service fund. The water division also transferred $50,000 to the general fund. What amount is the water division's change in net position on the statement of revenues, expenses, and changes in fund net position

Answers

The water division's change in net position on the statement of revenues, expenses, and changes in fund net position amount is $450,000.

Using this formula

Change in net position=Revenue-Expenses-Transfer to general fund

Where:

Revenue=$1.5 million

Expenses=$1 million

Transfer to general fund=$50,000

Let plug in the formula

Change in net position=$1.5 million-$1 million-$50,000

Change in net position=$450,000

Inconclusion the water division's change in net position on the statement of revenues, expenses, and changes in fund net position amount is $450,000.

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Income taxes are taxes that are paid on any financial gain. Purchased goods. Homes, land, or property. Special goods and activities.

Answers

Income taxes are those taxes that are paid on any financial gain.

Income taxes are a progressive type of tax system. Them are taxes that are paid on all forms of income.

This type of tax , taxes those that have more income that those that have lower income.

The government uses the income tax to fund several public services and also use it for the provision of goods to the citizens in the country.

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Answer:

any financial gain

Explanation:

e2022

need help on econ please and thank you

Answers

Answer:

1. Bonds

2. Property

3. Mutual Funds

4. Starting a business

Explanation:

Not Answered Question Workspace A family on a trip budgets $800 for meals and hotel accommodations. Suppose the price of a meal is $40. In addition, suppose the family could afford a total of eight nights in a hotel if they don't buy any meals. How many meals could the family afford if they gave up two nights in the hotel

Answers

Based on the amount budgeted and the costs of meals and the hotel, if the family gave up two nights, they could afford 4 meals.

The family can afford 8 nights at the hotel if they gave up meals. This means that the cost of a night at the hotel is:

= Total cost / Nights at hotel

= 800 / 8

= $100 per night

If the family gave up two nights, they would have $200 to spend on meals which means they will afford:

= 200 / 40 per meal

= 5 meals

In conclusion, the family would afford 5 meals.

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Which is NOT a part of the Texas Real Estate Commission's (TREC) complaint investigation and disposition procedures?

Answers

Answer:

The answer is cooperative. Which is NOT required by the Texas Real Estate Commission (TREC) for a real estate brokerage organized as a business entity? The answer is a copy of the bylaws of the business entity must be on file at TREC. ... The answer is the Texas Business Organization Code.

What is the difference between a job and a profession?
O A job is the work you do and a profession includes the environment you work is
O A job is the work you do and a profession includes your career field
O A job is your career field and a profession includes your work environment
O A job is the environment you work in and a profession includes the work you do

Answers

B - because a job is the work you do and a profession includes the career field.

Answer:

O A job is the work you do and a profession includes your career field

Explanation:

HELP LOTS OF POINTS!!
Which information in the accounts payable subsidiary journal is entered after
the amount of credit or debit?
A. The name of the vendor
B. The terms of the sale
C. The balance
D. The date

Answers

Answer:

D

Explanation:

Answer: the balance

Explanation: because

Annual percentage rate (APR) is:
A. a yearly fee charged on a credit card.
B. the total cost of a loan per year, expressed as a percentage.
C. the interest rate on a loan expressed as a percentage.
D. an interest rate that compounds yearly.
SUBMIT

Answers

Answer:

B.The total cost of a loan per year expressed as a percentage

________ costs refer to the sum of the fixed and variable costs for any given level of production. Target Break-even Total Value-based Marginal

Answers

Based on microeconomic theory, Total costs refer to the sum of the fixed and variable costs for any given level of production.

What makes Total Cost?

Generally, the total cost is the sum of all the price of the material utilized, the wages or salary paid in the production, and the direct expenditure.

Components of Total Cost

The components of Total Cost include the following:

Prime costFactory costOffice cost Cost of sales, etc.

Hence, in this case, it is concluded that the correct answer is "Total Cost."

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Can some people give me free adopt me pets? Just put in your user and I'll add u

Answers

Answer:

U can have my fly ride neon unicorn

Explanation:

sorenson’s march 2020 video for marriott employees exhibited characteristics of ________ leadership.

Answers

The sorenson’s video for marriott employees exhibited characteristics of commanding leadership style.

Arne Morris Sorenson is an American hotel executive and served as the hotel president and chief executive officer.

Sorenson's style of leadership entails combination of empathy, personal warmth and iron principle attracted deep admiration throughout the corporate world.

Therefore, the sorenson’s video for marriott employees exhibited characteristics of commanding leadership style.

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Why would a person change their business status to a LLC?

A. To gain tax breaks

B. To limit their personal liability

C. To help obtain funding through the sale of stock

D. Because it is the easiest form for setting up your business

Answers

Answer:

A) to gain tax breaks

Explanation:

A common reason for changing a co. to an LLC is to avoid double taxation

A should be correct

A whole supermarket shelf of snack food bags is marked, "Frito-Lay." This is an example of a(n)
brand.
a. co brand
b. individual
c private
d. wholesale
e. family

Answers

A? Sounds more correct

What type of business is formed with the primary purpose of serving its user- members? O A. Partnership B. Corporation O C. Sole proprietorship D. Cooperative

no linkss​

Answers

Answer:

What was the answer?

Explanation:

Answer: it’s cooperative, I took the test.

Explanation:

ieiyeoemn you’re toxic.

how did consumerism help cause the great depression?

Answers

It helped keep smiles on peoples faces

56. How do most states finance their capital budget?
a. sales or excise taxes
b. long-term borrowing or sale of bonds
c. income and property taxes
d. personal property or inheritance taxes

Answers

Long term borrowing!!
B long term borrowing or sale of bonds !!

A local radio commercial costs $600 and reaches an estimated 10,250 listeners. A local cable commercial costs $1000 and reaches an estimated 18,500 viewers. Which medium provides the lowest CPM

Answers

Based on the calculations, the medium that provides the lowest CPM is the cable commercial.

Since the radio commercial costs $600 and reaches an estimated 10,250 listeners, the CPM will be:

= $600/10250

= $0.0585

Since the local cable commercial costs $1000 and reaches an estimated 18,500 viewers, its CPM will be:

= $1000 / 18500

= $0.0541

Therefore, the lowest CPM is gotten from the cable commercial.

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Solve w + 14 < 78.Question 10 options:A) w < 58B) w = 58C) w > 58D) w 58 6(y+7)=2(y-3)this is a multi step equations, please help Select the correct answerWhich of these geographical features allowed the Chinese civilization to first developA riversResetNe What were the three principles thatstate power under the Articles ofConfederation came from? -3/1x+1=10Somebody answer please PSYCHOLOGY!!! HURRYWhich of the following aspects characterizes altruism? log(3+5) + log(3 - 5) = ? Networking online is an effective and easy way to meet many people in the same field or industry.Please select the best answer from the choices providedTF The vestibulocerebellum helps regulate _________; the spinocerebellum helps regulate _________ and the cerebrocerebellum helps regulate __________. Dalton's Desserts made a batch of fresh scones with 9/10 of a pound of butter and 1/5 of a pound of sugar. How much more butter than sugar was used? A-B equals, if A =5x^2-4x-11 and B=-x^2+3x-5 Identify the domain of the exponential function shown in the following graph : A school is arranging a field trip to the zoo. The school spends 515.84 dollars on passes for 30 students and 2 teachers. The school also spends 282.90 dollars on lunch for just the students. How much money was spent on a pass and lunch for each student? PLEASE, PLEASE HELP ME I SWEAR I'LL GIVE BRAINLIEST List 4 activities that require safety equipment and explain why its important towear safety gear for these activities. the length of a rectangle is five times its width. if the perimeter of the rectangle is 72 yd find its area Read the passage. Then answer the question. " Give Me Liberty, or Give Me Death! By Patrick Henry. What argument and claims does Henry present in " Give Me Liberty, or Give Me Death!? Are his claims valid and supported with relevant and sufficient evidence? Does he use effective reasoning to support his argument? Does he use false statements or fallacious reasoning? Use evidence from the text to support your response. Your response should be at least two or three complete paragraphs long. ( Will Mark Brainliest if answered correctly). what is momentum?what is period of an oscillating body?what is friction? please help :(Which of the following defines a cash crop?any crop grown to be sold for direct saleany crop grown to be sold to other growersany crop grown to be sold as a raw materialany crop grown to be sold on the commodities market a student placed a plant under a lamp that gets direct, bright light every day. the plant starts to grow toward the light. what kind of response is the student investigating?