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%.
Answer:a)30 year fixed, 6.5% down at fixed rate of 5%
Explanation:
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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Primary demand is a desire for the ________ rather than for a ________; it is often the focus of marketing when there are few competitors with the same product. brand name; product category problem solution; product category product class; specific brand product concept; tangible product novelty; problem solution
Considering the market analysis, the Primary demand is a desire for the product class rather than for a specific brand; it is often the focus of marketing when there are few competitors with the same product.
What is Product Class?Product class is a term used to describe products or commodities that are homogeneous or deemed as substitutes for each other.
On the other hand, a Specific brand is a product with unique features that makes it different and known compared to other products.
Hence, in this case, it is concluded that the correct answer is option C. "product class; specific brand."
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what are the advantages of 2022 versa’s cvt having auxiliary gearing?
Based on automobile features analysis, the advantage of 2022 versa’s CVT having auxiliary gearing is that "it gives the car the ability to move over different surface types such as rocky land, hills, sand, mud, grass, etc."
Auxiliary gearing in 2022 versa’s CVTThe Auxiliary gearing in 2022 versa’s CVT is designed to transmit power from the engine to the wheels to make all the wheels gain transmitted power, torque, and traction and navigate easily.
Auxiliary gearing in 2022 versa CVT gives the car the ability to move quickly regardless of the nature of the surface.
Hence, in this case, it is concluded that the Auxiliary gearing enhances the easy navigation of cars.
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The President of PDQ Corporation buys PDQ shares in the open market. After holding them for 3 months fully paid, the President wishes to sell the shares. The shares can be sold:
There are different ways to share shares. The shares can be sold immediately.
In a sale of shares, a company's shareholders often sell the shares that is entitling ownership of the company to a specific buyer. In the transaction, all the rights and responsibilities that pertains to the ownership of shares are transferred to the buyer.
Note that as long as the 6-month holding period needed has fulfilled on the restricted shares, and therefore, when they are donated, the charity can sell the shares immediately. There is therefore no need for another 6-month holding period be taken again.
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The President of PDQ Corporation buys PDQ shares in the open market. After holding them for 3 months fully paid, the President wishes to sell the shares. The shares can be sold:
A. immediately
B. after holding the securities for an additional 3 months
C. after holding the securities for an additional 6 months
D. after holding the securities for an additional 1 year
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What is an example of an interpersonal skill?
a) being highly self-motivated
b) being very disciplined
c) Being punctual
d) achieving goals
Which statement or statements apply to a bond which is selling at a premium? I. The market value exceeds the par value. II. The selling rate is above 100. III. It is sold by corporations, not by the government. A. I and II b. I only c. III only d. I, II, and III.
Answer:
Its A
Explanation:
I took the test
Answer:
A
Explanation:
edge
When a special assessment is calculated, each parcel of real estate that will benefit from the improvement is
If the dollar amount of total return on your mutual fund is $165 and the original cost of your investment is $1,200, then what is your percentage of total return
Answer:
% 70
Explanation:
Olivia asks several real estate agents to help her sell her house. A buyer is found. At the closing, no agent receives a commission. What type of listing agreement did Olivia make
Answer: Open Listing
Explanation: The seller sold the real estate herself therefore she did not have to pay a commission.
Why do some firms, industries, and cultures have different CSR thresholds than others? Illustrate your answer with real examples for all three categories.
Some firms, industries and cultures have different corporate social responsibility (CSR) thresholds than others due to differences in the operating area, level of business complexity and legal and cultural differences between countries.
Corporate social responsibility is an increasingly growing requirement in today's society, which considers organizations to be institutions that promote social and environmental development.
CSR types can be:
PhilanthropyPreservation of the environmentDiversity and Work PracticesVolunteeringTherefore, each company will identify the best strategy to implement CSR in its processes, in order to create value for stakeholders, increase employee satisfaction, be more competitive and positioned in the operating market.
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If you were running a company, describe at least two things you would do to improve its productivity. (1-4 sentences.)
Answer:
Two ways I would improve productivity would be to increase labor and create incentives. By increasing labor, you'd have more opportunities to keep people at a specified area that they are competent in. If you were to create positive incentives for the workforce, people are more likely to work harder and increase the company's productivity.
Explanation:
A car salesperson had $84,784 in total monthly sales for April and $107,270 in May. The salesperson earned $4,865 in total commission from those sales combined.
What is the salesperson's commission as a percent of the total monthly sales?
Enter your answer, rounded to the nearest tenth of a percent, in the box.
Answer:
2.5%
Explanation:
Answer:
2.5
Explanation:
I took the test
2. Three years ago, Shawheen deposited $5,000 in a savings account. Today, the account is worth
$5,306.04 even though he never deposited any more money. Why does the account have more money
today than it did three years ago? In your response, also explain why the initial deposit may have had
more purchasing power three years ago. (8 points)
The amount of money Shawheen deposited in his savings account increased in value because of the interest rate his account earns.
The initial deposit might have a higher purchasing power because of inflation.
When money is deposited in a savings account, the amount of money earns interest.
The value of the interest rate can be determined using this formula: interest earned / (time x amount deposited)
Interest earned = $$5,306.04 - $5,000 = $306.04
Interest rate = $306.04 / (3 x $5000) = 2.04%
Inflation is the persistent rise in the general price levels. Inflation reduces the purchasing power of money.
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what is a loan agreement and why is it important
Answer:
Loan agreements are an important part of borrowing money; they protect both the borrower and the lender. A loan agreement spells out the details of the transaction, including the loan amount, the interest rate, and the terms.
Explanation:
Which of the following is a positive impact of technology on society? Staying connected Global deterioration Decreased human interaction Inactive lifestyles
Answer:
Staying connected
Explanation:
can someone help pick 1, 2,or 3 ?
Answer:
2no I think you are confused so
where in the universe did the big bang take place?
Answer:
The dig dang happened everywhere in the universe
Explanation:
a company has an unbiased forecast for its demand. what does that mean?
The ideal target market for a firm is the one in which it can profitably generate the greatest customer ________ and ________ it over time.
Answer:
Value; Sustain and Grow
Explanation:
Which is the best synthesis concerning utilizing the steps in Latane and Darley's five-step decision process
Answer:
The interconnectedness of the steps in the process leads logically from awareness to cognition/evaluation to action
Explanation:
The process's interconnection flows logically from awareness through cognitive processing to action.
Latane and Darley (1970) developed a five-stage model that explains why onlookers may or may not offer assistance in an emergency.
The answer 'No' results in no assistance being provided at each step of development, but the answer 'Yes' moves the person closer to offering support.
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A business is having trouble keeping up with the competition. They cannot
respond to their customers like the competition. Which type of system will
likely be able to help them solve this issue?
A. Transaction processing system
B. Management communication system
C. Management information system
D. Decision support system
Answer:
D
Explanation:
The type of research that compares a product or service with a competitor’s is called ?
focus groups
environmental research
market research
market intelligence tools
competitive research
The salary at the new job is a(n). The benefits at the job are a(n). The job’s location is a(n). The potential for job satisfaction is a(n).
There are different kinds of employment benefits. The answers to the questions are;
The salary at the new job is an advantage The benefits at the job are an advantage The job's location is an advantageThe potential for job satisfaction is an advantageThere are different benefits from finding a good job. They include insurance in both medical, life, dental etc., vacation pay, holiday pay, maternity leave, bonuses etc.
Getting a good Job that has a good pay and very close to one's residence is very important as it will reduce your cost of spending.
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Keisha has received an offer for a job that pays a higher salary than her current job. It also offers health insurance for all the members of family. The new job is a distance from her home and will require a long commute, which will take her away from her family for many hours of the day. In addition, it provides the promise of advancement and future opportunities at that company. The salary at the new job is a(n) . The benefits at the job are a(n) . The job’s location is a(n) . The potential for job satisfaction is a(n) .
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Answer:
The salary at the new job is a(n)
✔ advantage
.
The benefits at the job are a(n)
✔ advantage
.
The job’s location is a(n)
✔ disadvantage
.
The potential for job satisfaction is a(n)
✔ advantage
what is the first thing you should do when you open an account
Answer : consider how much money you will add in your account and start saving up money
Explanation :
A locally
Operated business produces locally demanded goods and services justify this statement
The best justification of the statement that a locally operated business produces locally demanded goods and services is:
They provide goods and services which the people in the area wants.According to the given question, we are asked to state the best justification of the statement that a locally operated business produces locally demanded goods and services
As a result of this, we can see that when a local business produces goods, then it is more liable to listen to the needs and demands of the local people and which would meet the customer's needs and also give profit to the business.
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Company Z understands that their business is at risk. How can they use step two in the Decision-Making Process to reach their end goal of increasing sales and customer satisfaction?
Answer:
I have no clue
Explanation:
I need to answer something bc I'm new sorry
Answer:
Company Z can list the options on how to increase sales and make their business profit again. Some available options that can be listed are responding quickly to customer concerns instead of making them wait a long time, finding a way to have better parking, and to lower their overall prices when selling their products to customers.
Explanation:
For part a you are supposed to state what problems Company Z are having with their company, and if you look at the five steps, the next step for part b is to list some solutions to fix these problems. I hope this helps clarify part b a little bit!
The five steps are:
State the problem
List the options
Determine the pros and cons
Choose the best option
Evaluate the decision/choice
Jeff has been a project assistant for XYZ Corporation for five years. Recently he was asked to train Harriet, a new employee. He suggests that she use an Excel worksheet to lay out the projects she is currently working on, and she complies. He is using ________ power.
The power that Jeff is using towards the new employee is known as Expert power.
The term "Expert power" is used in relation to employee's skill.
Expert power refers to a perception that an employee has a higher level of specific skill set that others do not have in the organization.Jeff does possess Expert power because he has great skill set.Therefore, the power that Jeff is using towards the new employee is known as Expert power.
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Jermaine and Kesha are married, file a joint tax return, have AGI of $82,500, and have two children. Devona is beginning her freshman year at State University during fall 2021, and Arethia is beginning her senior year at Northeast University during fall 2021 after having completed her junior year during the spring of that year. Both Devona and Arethia are claimed as dependents on their parents' tax return. Devona's qualifying tuition expenses and fees total $4,000 for the fall semester and Arethia's qualifying tuition expenses and fees total $6,200 for each semester during 2021. Full payment is made for the tuition and related expenses for both children during each semester. The American Opportunity credit available to Jermaine and Kesha for 2021 is:
The American Opportunity credit available to Jermaine and Kesha for 2021 is:$5,000.
First step is to calculate the American Opportunity credit for Devona
American Opportunity credit for Devona=(100% of first qualifying expenses+ 25% of next qualifying expenses)
American Opportunity credit for Devona=(100%×$2,000)+(25%×$2,000)
American Opportunity credit for Devona=$2,000+$500
American Opportunity credit for Devona=$2,500
Second step is to calculate the American Opportunity credit for Arethia's
American Opportunity credit for Arethia's =(100% of first qualifying expenses+ 25% of next qualifying expenses)
American Opportunity credit for Arethia's=(100%×$2,000)+(25%×$2,000)
American Opportunity credit for Arethia's=$2,000+$500
American Opportunity credit for Arethia's=$2,500
Third step is to calculate the Total American Opportunity credit
Total American Opportunity credit= American Opportunity credit for Devona +American Opportunity credit for Arethia's
Total American Opportunity credit=$2,500+$2,500
Total American Opportunity credit=$5,000
Based on the above calculation total American Opportunity credit will be $5,000 reason being that both Jermaine and Kesha's Adjusted Gross Income of the amount of $82,500 is not higher than $160,000.
Inconclusion the American Opportunity credit available to Jermaine and Kesha for 2021 is:$5,000.
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when john maynard keynes said, in the long run we are all dead, what serious economic point was he making?
Answer: that we need to focus on the present and the now because the outcome is always the same
Explanation:
In a _____, the factors of production are owned collectively rather than individually, and no incentives to work harder or to produce quality products are provided.
Considering the style of government, in a socialistic economic system, the factors of production are owned collectively rather than individually, and no incentives to work harder or produce quality products are provided.
What is Socialism?Socialism is a style of government that operates so that the community owns all the properties, and every individual receives equally the economic resources allocated by the government.
Therefore, equal sharing reduces the incentives to work harder or produce quality products.
Hence, in this case, it is concluded that the correct answer is "Socialistic Economic system."
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