Angie is selling her home; she has $165,000 left on her mortgage, $15,000 in closing costs, and a 4% sale commission to pay her agent. Approximately, what's the LEAST Angie should sell for if she wants to earn at least $75,000 on the sale (so she can make a good downpayment on a new home)?

Q: Twenty years after purchasing shares in a mutual fund for $5900, the shares are sold for 11,300. The…

A: Thanks for the question :)And your upvote will be really appreciable ;)

Q: 2. Jeff invested some of his P 1,500,000 retirement benefit at 12% and the rest at 15% yield. How…

A: Let the investment at 12% benefit be : X  Let the investment at 15% benefit be : Y Therefore X + Y =…

Q: Lenese is buying new furniture at Discount Furniture Mart because they are offering to finance her…

A:

Q: Mr. Jackson borrowed money from his bank and on his life insurance to start a business. His interest…

A:

Q: If you pay your friend 15$ each month for 20 months to repay a loan, what is the total cost of the…

A: Explanation of the answer is as follows

Q: Michael wants to buy some exercise equipment for his home for $336000 financed at an annual rate of…

A: Amount Micheal has to pay per month is calculated as shown below

Q: A man bought his girlfriend a new necklace for $259. Instead of paying cash, he paid $19 down,…

A: Cost of necklace = $259 Down Payment = $19 Amount left to be paid = Cost of necklace - Down Payment…

Q: How much money does Nora have for her car down-payment if she invests $750 at a monthly interest…

A:

Q: John wants to retire with $10,000 per month, how much principal is necessary to generate this amount…

A: Use the formula I=Prt100, where P is principal, and r is the rate of interest, t is the time.,…

Q: karen and wayne need to buy a refrigerator because theirs just broke. unfortunately, their savings…

A:

Q: If you finance the cost of your car ($200,000) at 6.9% APR for 3 years, determine the monthly cost:…

A:

Q: Susie is paying $512.49 every month for her $150,000 mortgage. If this is a 30 year mortgage, how…

A: Given: Month payment=$512.49 Mortgage=$150,000

Q: Sea Company was expanding its production facilities and purchased large quantities of land in…

A:

Q: Karen and Wayne need to buy a refrigerator because theirs just broke. Unfortunately,their savings…

A: Given: Karen and Wayne need to buy a refrigerator because theirs just broke. Unfortunately, their…

Q: Your University magazine, The Indus Magazine, has fixed production costs of Rs.1.5 million per…

A: We have given that The Indus Magazine ,has fixed production costs of Rs 1.5million per edition and…

Q: A bank loaned out $600,000, a part of it at the rate of 12% per year and the rest at a rate of 6%…

A: Let the amount loaned at 12% be: x Let the amount loaned at 6% be: y Total amount loaned out is: $…

Q: John wants to retire with $10,000 per month, how much principal is necessary to generate this amount…

A: John wants to retire with $10,000 per month.Interest rate is 3%.To calculate:- principal that…

Q: A bank loaned out $12,000, part of it at the rate of 8% per year and the rest at the rate of 18% per…

A: A bank loaned out $12,000, part of it at the rate of 8% per year and the rest at the rate of 18% per…

Q: If you are selling your house with a local realtor who requires a 3% commission fee what can you…

A:

Q: Sammy wants to buy a new stereo priced at $413. He enters into an agreement to pay $20 a month for…

A:

Q: Ruth availed of a cash loan that gave her an option to pay P5,000 monthly for 1 year. The first…

A:

Q: interest and agreed to pay it off over a 2 year period, how much would your monthly payment be?

A:

Q: A couple can afford to make a monthly mortgage payment of $650. If the mortgage rate is 9% and the…

A:

Q: Wendy, a loan officer at a bank, has $1,000,000 to lend and is required to obtain an average return…

A: Given, Wendy, a loan officer at a bank, has $1,000,000 to lend and is required to obtain an average…

Q: Structures Inc. had a net income of $123,000, total revenue of $551,180, and total variable costs of…

A: Given that:   Net income = $ 123,000   Total revenue = $ 551,180   Total variable cost = $ 338,035

Q: You buy a house for $280,000 and pay $25,000 down.  The rest is financed for 30 years at 6.5%…

A: Here, Value of House is $280,000 Down Payment is $25,000 Loan Amount (PV) is: Interest Rate (Rate)…

Q: Wanda took out a payday loan with an effective interest rate of 19,300%. If she had $460 to invest…

A: Use the formula Interest=Principal×Rate×Time100 to calculate the interest.

Q: Sam Song plans to buy a $16,000 Ford Focus with an interest charge of $4,000. Sam figures he can…

A:

Q: Assume that her total winnings are $ 400000, that the utility bonds will pay 16 percent per year,…

A: Given: Total winnings=$ 400000 . The utility bond will pay 16% per year. The savings account will…

Q: If you paid $47 to a loan company for the use of $1120 for 191 days, what annual rate of interest…

A:

Q: The cost of a particular private school inclues a one-time initiation fee of $2,000, plus annual…

A: It is given that one-time initiation fee is $2,000 and annual tuition fee is $10,000.The initiation…

Q: if a loan's annual simple discount rate is 4.34%, how many years would it take for the debt to…

A: Given discount rate dR=4.34%=0.0434. Formula for given problem is M=P1-dRT…

Q: Professor Molloy plans to purchase a custom Maserati in five years in order to stave off a midlife…

A: To find the solution

Q: Sonia received a statement on her Certificate of Deposit showing that her investment had returned…

A:

Q: The extinguishment of a loan of P87, 650 will be made by quarterly payment of how much to an agency…

A:

Q: Francella  is considering a loan of $15,000 at 12% interest paid monthly. She is undecided about…

A: Given:  Loan amount, P    = $15,000 Annual interest, R = 12% Term of loan, t     = a) 2 years…

Q: Mr. Jackson borrowed money from his bank and on his life insurance to start a business. His interest…

A:

Q: Dave purchased a $22,000 life insurance policy at the price of $26 per $1000 of coverage. If he pays…

A: Dave purchased a $22,000 life insurance policy at the price of $26 per $1000 of coverage. If he pays…

Q: If you borrow $800 for 6 months at 6% annual simple interest, how much must you repay at the end of…

A: Simple Interest Formula: A = P 1+r·t where A is the final amount. P is the initial amount. r is the…

Q: how do you solve a depreciation problem?

A: In question we have to describe how can we solve depreciation problem.

Q: f Mary received a 10% raise and is now making $17,600 a year, what was her salary before the raise?

A: Mary received a 10% raise and is now making $17,600 a year. To find what was her salary before the…

Q: If accumulated tuition, fees and interest on your undergraduate engineering education loan is 37,500…

A:

Q: Jill has a loan of $1600 . If she is charged 2% simple interest per month, how much interest is she…

A: The formula to calculate the amount on simple interest is given below: A=P(1+rt) where, A is the…

Q: If John earns $4,500 per month and spends 20% of his earnings on his monthly rent, how much does he…

A: We have to find

Q: Ben Halls is trying to decide whether to lease or purchase a new car costing $18,000. If he leases,…

A: If Ben leases the car than his total cost can be calculated as under: he will have to pay $600…

Q: A land developer declared a dividend of P25,000,000 for its common stocks. Suppose there are…

A: Solution is given below:

Q: Sammy wants to buy a new stereo priced at $403. He enters into an agreement to pay $21 a month for…

A: Sammy wants to buy a new stereo priced at $403. He enters into an agreement to pay $21 a month for…

Q: Karen and Wayne need to buy a refrigerator because theirs just broke. Unfortunately, their savings…

A: Given: Cost of refrigerator is $1500+5%sales tax. Interest rate of installment loan offered by…

Q: If you pay $5,500 for a simple interest note that will be worth $6,000 in 21 months, what annual…

A: topic - percentage