Mathematics, 15.02.2021 01:00 adrianaglass12
Natalie Warren is a single woman in her late 20s. She is renting an apartment in the fashionable part of town for $1,500 a month. After much thought, she's seriously considering buying a condominium for $385,000. She intends to put 20 percent down and expects that closing costs will amount to another $7,000; a commercial bank has agreed to lend her money at the fixed rate of 6 percent on a 15-year mortgage. Natalie would have to pay an annual condominium owner's insurance premium of $590 and property taxes of $1,100 a year (she's now paying renter's insurance of $550 per year). In addition, she estimates that annual maintenance expenses will be about 0.5 percent of the price of the condo (which includes a $30 monthly fee to the property owners' association). Natalie's income puts her in the 24 percent tax bracket (she does not itemize her deductions on her tax returns), and she earns an after-tax rate of return on her investments of around 4 percent. Assume that the standard deduction for a single person is $12,000. Given the information provided, use Worksheet 5.2 to evaluate and compare Natalie's alternatives of remaining in the apartment or purchasing the condo. (Note: Assume Natalie does not have any security deposit.) Round your answers to the nearest cent. Annual ownership cost: $ Annual rental cost: $ Working with a friend who is a realtor, Natalie has learned that condos like the one she's thinking of buying are appreciating in value at the rate of 3.5 percent a year and are expected to continue doing so. Would such information affect the rent-or-buy decision made in Question 1? -Select- Explain. The input in the box below will not be graded, but may be reviewed and considered by your instructor. Discuss any other factors that should be considered when making a rent-or-buy decision. The input in the box below will not be graded, but may be reviewed and considered by your instructor. Which alternative would you recommend for Natalie in light of your analysis? -Select-
Answers: 2
Mathematics, 21.06.2019 20:40
Ineed someone to me answer my question i have to have this done and knocked out
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Mathematics, 22.06.2019 00:20
Given: jk ||lm prove: _2 = 27 statement justification 1. jk ||lm 1. given 2.26 = 27 3.22 = 26 2. 3. 4. _2 = 27 4. corresponding angles theorem transitive property of equality vertical angles theorem substitution property of equality
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Mathematics, 22.06.2019 02:00
Were only 64 seats. the remaining 6 students had to travel in a separate van. the equation 2b + 6 = 70 represents the given scenario. what does b represent? the number of buses the number of vans the number of students who rode on each bus the total number of students going to the football game
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Mathematics, 22.06.2019 03:30
Math ! will give branliest at a car and truck dealership, the probability that a vehicle is white is 0.25 . the probability that it is a pick up truck is 0.15 . the or obability that it is a white pick up truck is 0.06 . what is the probability that the vehicle is white, given that the vehicle is a pickup truck . round your answer to two decimal places .
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Natalie Warren is a single woman in her late 20s. She is renting an apartment in the fashionable par...
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