User Account

All Pages

House after making monthly payments

Assignment Help Business Management
Reference no: EM131094043

A home was purchased 14 years ago for $70,000. The home was financed by paying a 20% down payment and signing a 25 year mortgage at 8.5% compounded monthly on the unpaid balance. The market value is now $100,000. The owner wishes to sell the house. How much equity (to the nearest dollar) does the owner have in the house after making 168 monthly payments?

Reference no: EM131094043

Questions Cloud

Computer-supported communication in work : Q1. The acronym CSCW stands for computer-supported communication in work.
Credit card debt and you plan to pay : You have a $5400 credit card debt, and you plan to pay it off through monthly payments of $90. If you are being charged 15% interest per year compunded monthly, how many months will it take you to repay your debt?
What is the net cost of your insurance for the given period : Assume that you could have invested the annual premium in a mutual fund yielding seven percent annually. What is the net cost of your insurance for the 20-year period?
How an individual patterns of learning and development : Analyze specific strategies that facilitate integration of individuals with exceptionalities into the placement options described and how they maximize positive social interaction, create meaningful academic engagement, and increase self-motivatio..
House after making monthly payments : The owner wishes to sell the house. How much equity (to the nearest dollar) does the owner have in the house after making 168 monthly payments?
How much additional money would jillian owe : If Jillian takes the 90 days same as cash and pays within 90 days, what is her payoff amount? If she can't pay until April 30, how much additional money would she owe?
Any of the seven axioms of systems theory : Students will be required to write a scholarly paper on one of four topics covered in the course. The paper is to be independently developed, contain original thought, and include appropriate scholarly references that support the student's thought..
Percent return on investment : If your tax rate is 35 percent and you require a 12 percent return on your investment, what bid price should you submit?
Problem regarding the monthly payment : Tasha borrowed $10,000 to purchase a new car at an annual interest rate of 10%. She is to pay it back in equal monthly payments over a 3 year period. What is her monthly payment? (Show Work)

Reviews

Write a Review

Business Management Questions & Answers

  Explain initiatives aimed at improving healthcare

over the past 20 years there have been several initiatives aimed at improving healthcare in rural America. What are these initiatives? Describe their impacts to date. Is rural health care getting better in the U.S.? Support your answer.

  What are major challenges of implementing jit systems

Illustrate what are the major pros and cons of JIT and lean manufacturing systems? Illustrate what do they have to do with non value added or wasted activities?

  Problem regarding the citizens as customers

'Governments can run into trouble when they think of their citizens as customers.' Do you agree or disagree? Provide support for your position in the form of discussion, evidence, and examples.

  Widgecorp became the market leader in snack foods after

widgecorp became the market leader in snack foods after acquiring a rival company company w. their management style and

  Describe whether management chose a low cost

Describe whether management chose a low cost or highly differentiated business strategy to discuss the following

  Why strategy important to business

Why strategy important to business explain your answer.

  Describing statement of cash flows

Describe the statement of cash flows and why it is important to financial decision making.

  Scenario for katrina candies

Predicting Price-Setting Strategies From the scenario for Katrina's Candies, determine the importance of predicting the pricing strategies of rival firms in an industry characterized by mutual interdependence.

  Streaming video on fruit guys

Instructions: Watch the following streaming video on Fruit Guys, read the themes and plot statement and answer the questions below. Type your answers in a separate APA style document and submit the document in Blackboard.

  Maiximum number of six letter words

An anthropologist finds an isolated tribe whose written alphabet contains only 6-letters. The tribe has a taboo against using the same letter twice in same word.

  Analyze the impact of those events on the project

Analyze the impact of those events on the project.

  Business operations and how critical is it to organisation

a) What activity, operation or environment is this project based on?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd