The price of a home is $400,000. The mortgage company requires a downpayment of 20% and 1 point at the time of closing for a 30-year loan at a rate of4.25%. The closing costs of $7,500 and the points cannot be included in the loan.(a) Find the down payment.(b) Find the amount financed.(c) How much must be paid at the time of closing?(d) Find the monthly payment.(e) Find the total cost of interest.(f) How much of the principal was repaid in the first payment?

University car wash built a deluxe car wash across the street from campus. the new machines cost $219,000 including installation. the company estimates that the equipment will have a residual value of $19,500. university car wash also estimates it will use the machine for six years or about 12,500 total hours. actual use per year was as follows: year hours used 1 3,100 2 1,100 3 1,200 4 2,800 5 2,600 6 1,200 prepare a depreciation schedule for six years using the following methods: 1. straight-line. 2. double-declining-balance. 3. activity-based.

In microeconomics, the point at which supply and demand meet is called the blank price

Robert owns a life insurance policy that he purchased when he first graduated college. it has a $100,000 death benefit and robert pays premiums for it every month out of his checking account. the insurance robert has is most likely da. permanent life insurance o b. term life insurance o c. group life insurance o d. individual life insurance