You want to buy a house in 9 years. the estimated cost is $175,800.00. you want to make a 20% down payment and closing costs are 7% how much in total do you need to save each month to reach your goal if you cover the closing costs and the down payment

Given:

estimated cos/purchase pricet: 175,800.00

down payment: 10% of purchase price

closing costs: 7% of purchase price

years to save: 9 years

Down payment:

175,800 * 10% = 17,580

Closing cost:

175,800 * 7% = 12,306

Total cost to save for : 17,580 + 12,306 = 29,886

9 years * 12 months = 108 months

29,886 / 108 months = 276.72 savings per month.

whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

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