subject
Business, 25.06.2019 12:50 nicoleamor

Javier and anita sanchez purchased a home on january 1 of year 1 for "$1,000,000 by paying $200,000" down and borrowing the remaining $800,000 with a 6 percent loan secured by the home. the sanchezes made interest only payments on the loan in years 1 and 2?

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 16:10
Afirm produces a product in a competitive industry and has a total cost function (tc) of tc(q) = 60 + 10q + 2q2 and a marginal cost function (mc) of mc(q) = 10 + 4q. at the given market price (p) of $20, the firm is producing 5.00 units of output. is the firm maximizing profit? no what quantity of output should the firm produce in the long run? the firm should produce unit s) of output. (enter your response as an integer.)
Answers: 3
question
Business, 21.06.2019 22:30
Emily sold the following investments during the year: stock date purchased date sold sales price cost basis a. 1,000 shares dot com co. 03-21-2007 02-04-2018 $20,000 $5,000 b. 500 shares big box store 05-19-2017 01-22-2018 $8,200 $7,500 c. 300 shares lotta fun, inc. 10-02-2017 09-21-2018 $3,000 $4,500 d. 700 shares local gas co. 06-17-2017 11-11-2018 $14,000 $17,000 for each stock, calculate the amount and the nature of the gain or loss.
Answers: 3
question
Business, 22.06.2019 16:00
What impact might an economic downturn have on a borrower’s fixed-rate mortgage? a. it might cause a borrower’s payments to go up. b. it might cause a borrower’s payments to go down. c. it has no impact because a fixed-rate mortgage cannot change. d. it has no impact because the economy does not affect interest rates.
Answers: 1
question
Business, 23.06.2019 01:50
The capital balances, prior to the liquidation of the benjamin, gaynor, megan partnership, were as follows: benjamin, capital $100,000gaynor, capital $120,000megan, capital $175,000benjamin, gaynor, and megan share profits and losses in the ratio of 25%, 40%, 35%. as a result of a loan, the partnership owes gaynor $80,000. using the information above, which partner has the highest loss absorption power (lap) prior to liquidation? a. gaynorb. meganc. benjamind. both gaynor and megan have the same lap
Answers: 2
You know the right answer?
Javier and anita sanchez purchased a home on january 1 of year 1 for "$1,000,000 by paying $200,000"...
Questions
question
Advanced Placement (AP), 13.05.2021 22:20
question
Mathematics, 13.05.2021 22:20
question
History, 13.05.2021 22:20
Questions on the website: 13722367