Loading...

Messages

Proposals

Stuck in your homework and missing deadline? Get urgent help in $10/Page with 24 hours deadline

Get Urgent Writing Help In Your Essays, Assignments, Homeworks, Dissertation, Thesis Or Coursework & Achieve A+ Grades.

Privacy Guaranteed - 100% Plagiarism Free Writing - Free Turnitin Report - Professional And Experienced Writers - 24/7 Online Support

Jen purchased a condo in naples florida

26/10/2021 Client: muhammad11 Deadline: 2 Day

Accounting Questions

1. determine the difference between the monthly payments on a $120,000 home at 61∕2% and at 8% for 25 years

$140.10 per month

Cash price: $5,600

Down payment: $0

Cash or trade months with bank-approved credit; amount financed: $5,600

Finance charge: $2,806

Total payments: $8,406

What is the APR by table lookup?

A. 16.50%–16.75%

B. 16.75%–17.00%

C. 17.00%–17.25%

D. 17.25%–17.50%

2. Joe Sullivan invests $9,000 at the end of each year for 20 years. The rate of interest Joe gets is 8%

annually. Using the tables in the Business Math Handbook that accompanies the course textbook,

determine the final value of Joe's investment at the end of the 20th year on this ordinary annuity.

A. $411,858.00

B. $411,588.00

C. $88,632.90

D. $88,362.90

3.Jen purchased a condo in Naples, Florida, for $699,000. She put 20% down and financed the rest at

5% for 35 years. What are Jen's total finance charges?

A. $606,823.20

B. $457,425.60

C. $626,863.20

D. $600,000.00

4.Cost of car: $26,000

Residual value: $6,000

Life: 5 years

Using the given information, determine the depreciation expense for the first year straight-line method?

A. $6,000

B. $4,000

C. $4,400

D. $5,200

5. John Sullivan bought a new Brunswick boat for $17,000. He made a $2,500 down payment on it. The

bank's loan was for 60 months, and the finance charges totaled $4,900. What is his monthly payment?

A. $332.33

B. $232.33

C. $323.33

D. $313.33

6. At the beginning of each year, Bill Ross invests $1,400 semiannually at 8% for nine years. Using the

tables in the Business Math Handbook that accompanies the course textbook, determine the cash value of

the annuity due at the end of the ninth year.

A. $37,399.68

B. $38,739.68

C. $37,339.68

D. $37,939.86

7. Dick Hercher bought a home in Homewood, Illinois, for $230,000. He put down 20% and obtained a

mortgage for 25 years at 8%. What is the total interest cost of the loan?

A. $242,144.00

B. $184,000.00

C. $242,411.00

D. $327,372.80

8. Lee Company has a current ratio of 2.65. The acid test ratio is 2.01. The current liabilities of Lee are

$45,000. Assuming there are no prepaid expenses, the dollar amount of merchandise inventory is

A. $28,800.

B. $90,450.

C. $28,008.

D. $90,540.

9. Ben Brown bought a home for $225,000. He put down 20%. The mortgage is at 6 ½% for 30 years.

Using the tables in the Business Math Handbook that accompanies the course textbook, determine his

monthly payment.

A. $1,139.40

B. $1,319.40

C. $1,319.04

D. $1,216.80

10. A truck costs $35,000 with a residual value of $2,000. Its service life is five years. Using the decliningbalance

method at twice the straight-line rate, the book value at the end of year 2 is

A. $22,000.

B. $35,000.

C. $12,600.

D. $33,000.

Homework is Completed By:

Writer Writer Name Amount Client Comments & Rating
Instant Homework Helper

ONLINE

Instant Homework Helper

$36

She helped me in last minute in a very reasonable price. She is a lifesaver, I got A+ grade in my homework, I will surely hire her again for my next assignments, Thumbs Up!

Order & Get This Solution Within 3 Hours in $25/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 3 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 6 Hours in $20/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 6 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 12 Hours in $15/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 12 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

6 writers have sent their proposals to do this homework:

Smart Tutor
Finance Homework Help
Online Assignment Help
Quick Finance Master
Assignments Hut
Top Grade Tutor
Writer Writer Name Offer Chat
Smart Tutor

ONLINE

Smart Tutor

I am an experienced researcher here with master education. After reading your posting, I feel, you need an expert research writer to complete your project.Thank You

$31 Chat With Writer
Finance Homework Help

ONLINE

Finance Homework Help

I am an elite class writer with more than 6 years of experience as an academic writer. I will provide you the 100 percent original and plagiarism-free content.

$33 Chat With Writer
Online Assignment Help

ONLINE

Online Assignment Help

I have worked on wide variety of research papers including; Analytical research paper, Argumentative research paper, Interpretative research, experimental research etc.

$45 Chat With Writer
Quick Finance Master

ONLINE

Quick Finance Master

I am a professional and experienced writer and I have written research reports, proposals, essays, thesis and dissertations on a variety of topics.

$29 Chat With Writer
Assignments Hut

ONLINE

Assignments Hut

I have read your project details and I can provide you QUALITY WORK within your given timeline and budget.

$16 Chat With Writer
Top Grade Tutor

ONLINE

Top Grade Tutor

As per my knowledge I can assist you in writing a perfect Planning, Marketing Research, Business Pitches, Business Proposals, Business Feasibility Reports and Content within your given deadline and budget.

$41 Chat With Writer

Let our expert academic writers to help you in achieving a+ grades in your homework, assignment, quiz or exam.

Similar Homework Questions

Chapter 26 the great west and the agricultural revolution answers - Is the dog barked a complete sentence - What is secondary industry - How to create a hexagon in a circle - Work Breakdown Structure - James h scully jr md - Ancient greece essay topics - Write Analysis & Reflection - Hamer hall seating capacity - Hcf silver extras plus - Tech2you - CCIS - Princ of Mngmnt - DROPBOX 3 - Seacroft care home skegness - Use the Internet to research examples of security policies. Choose one and develop a general security policy for a fictitious law firm. - Addition snakes and ladders - Power bank portable charger target - Maximum zs for tt - Block business letter - Australian human rights commission aglc - Sk ii competitors - Distance from the sun to venus in miles - Management 5th edition bateman snell konopaske - Regicide in macbeth context - What is a multiplication sentence - Problem cause solution persuasive speech topics - Guru Olivia Only - Risk Assessment Matrix and Continuity Plan - Harron homes thornberries matlock - English verb tenses table pdf - Araby james joyce questions - Hris dgfp mohfw gov bd - Real time business intelligence at continental airlines - Strategic - Looking at movies 5th edition chapter 1 - End behavior of the graph of polynomial function - Postcode for gisborne nz - Toddler size 22 shoe conversion - Estimated level of developmental stage for this age grade - Hartford research issues bonds dated january - 4 dimensions of competency - Spatial awareness definition in physical education - Cyber bullying homework - Sweet leaf bath co case analysis - Barberry inc manufactures a product called fruta - 0922 - Prepare a plan for digital evidence cases involving divorces - Bellway the works eccles - Flowchart to calculate area and circumference of circle - An equal pound of your fair flesh - Discussion - Operation management quiz with answers - Targeting minorities is exploitative - Olive branch petition in a sentence - Nasm training phases - Assignment: Diverse Populations in the Military, 6212 wk-2 - Let us break bread together on our knees canton spirituals - 1-1 Discussion: Promotional Strategies - Exercise 5 9 part level submission - What languages does trevor noah speak - Movie - Intervention Reflection paper - Angus gordon coastal engineer - Order 2212604: Case Study - Why is radioactive decay so predictable - The masses are assess quote - Cossham birth centre bristol - IT Forum Reply - Red goat disposer parts - Capoeira spinning heel kick - 17 caroline street redfern - The purpose of this assignment is to complete a discrete and normal distribution analysis. - A company manufacturing oil seals wants to establish - __7_8_6__ +91-8529590991 Husband Wife Problem Solution Molvi ji - Rust oleum specialty stainless steel paint - Assignment 3b: Analysis on the Threats Defense Argument - Sequential fuel injection diagram - Acara australian curriculum science - When were fiber optic cables invented - Quick analysis totals gallery in excel - Process in a community pharmacy - Wareham house hotel thetford - Cpa australia important dates - A simple ideal brayton cycle operates with air - Restaurant data flow diagram - Contract law attack outline - Ben and jerry's distribution channels - Pycnometer is used to determine - Positive feedback in diabetes - Kurt vonnegut story chart - Break even cannibalization rate - Eassy on high school starting time, we the theses , we need to give talk about our waking up while we were in school, is a five body paragraph - Bed stick risk assessment - Microsoft's search case study summary - Crazy eddie inventory fraud - Which of the following statements about ratios is true - Examples of common conflicts in nursing - Ati active learning template basic concept management of care - 11029 - Co op funeral tributes - HUD Multifamily Compliance Training - The four c's of effective writing