Ruby obtained a loan of $90,000 towards the purchase of her new home. If the loan was 75% of the purchase price, how much did she pay for the home? O $125,000 (Dollars) O $115,000 (Dollars) O $145,000 (Dollars) O $120.000 (Dollars)

Ruby obtained a loan of $90,000 towards the purchase of her new home. If the loan was 75% of the purchase price, how much did she pay for the home? O $125,000 (Dollars) O $115,000 (Dollars) O $145,000 (Dollars) O $120.000 (Dollars)

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

See similar textbooks

Related questions

Q: 2. Mrs. Tolstoy and her husband, Serge, are planning their dream house. The lot for the house sits…

A: When Mrs. Tolstoy and her husband, Serge, embarked on planning their dream house situated on a…

Q: . Which of the following is correct?

A: Decision making is a process of choosing optimal alternative of action from a list using all…

Q: Hal is negotiating his salary for a job offer. Hal’spotential employer moves first by making an…

A: During negotiation process, the level of bargaining power of each party is important. It is the…

Q: Scenario Dan and Leo agree to buy and sell “groceries and sundries” from Public Growers, Inc., in…

A: In evaluating whether a contract has been formed and whether the situation is governed by common law…

Q: Lina wants to take a nice vacation trip, so she begins setting aside P250 per month. If she deposits…

A: Given that: a1= 250 rate = 6% t =10 n= 12 ....compunded monthly

Q: One of three tenants in your insured's rented triplex, sets fire to his apartment, is charged with…

A: Cancellation of Insurance Policy: Cancellation of an insurance policy refers to the termination or…

Q: 1. X borrows money from a bank memorialized by a written loan agreement. Z orally promises the…

A: Collateral promise refers to a scenario in which the guarantor agrees to pay the debts of a…

Q: CVS signed a 15-year triple net lease for a 333,000 square foot distribution facility in Irvine,…

A: Therefore, based on the assumptions and calculations, the expected sale price of the property at the…

Q: Bob is a manufacturer of artificial bananas. He believes that they are an excellent and unique…

A: 45) The correct answer is License agreement. 46) The correct answer is Bob's Burgers is the…

Q: our insured belongs to a car pool and uses his/her automobile to transport the other three members…

A: Ensuring proper insurance coverage is crucial when individuals participate in carpooling…

Q: One More Question. PT. Jaya Service Indonesia, a company engaged in car servicing located in Radio…

A: Step 1: Journalize journal entries for February transactionsStep 2:Make an Income Statement and…

Q: Capital Budgeting with Taxes (Non-MACRS Depreciation); Sensitivity Analysis GravinaCompany is…

Q: Which one (1) of the following statements is true about coverage for loss or damage caused by an…

A: Insurance is a type of contract in which the insurer re-imburses the poilyc holders of the financial…

Q: 25. the grace period for a life insurance policy is never less than a. 15 days b. 30 days c. 45 days…

A: The objective of the question is to identify the minimum grace period for a life insurance policy.

Q: In 2011, the fixed costs of a company were $500,000, and its variable costs equaled $150,000. In…

A: Introduction:- Price of the product is mainly decide by the cost of the product. Cost refers to the…

Q: Penny wants to expand her arts and crafts store. She needs to hire a contractor to expand her store…

A: To find the net present worth (NPW) of the cost of Contractor A, we need to calculate the present…

Q: Item 9 of 12 Scenario: You work for Entry Real Estate and are leasing the property 44 Down Street,…

A: Note: This answer has been answered in a generalized manner.Real estate management is crucial to the…

Q: Mark and Mary are a married couple who will file a joint return in 2021. They have $350,000 in Box 1…

A: Mark and Mary, a married couple filing jointly in 2021, have combined income from wages and capital…

Q: Show the solution to this answer without tables but with actual written formulas.

A: Following information is given: Electric Forklifts Cost = $65,000 Salvage Value = $10,000 Operating…

Q: Is the concept viable at all? Defend your answer

A: A firm is created to produce value for customers and shareholders. It creates profits for the…

Q: A visitor to your client's home who is a licensed driver from another province in Canada, but does…

A: In the context of insurance policies, it's important to understand the terms and conditions that…

Q: Scenario Dan and Leo agree to buy and sell “groceries and sundries” from Public Growers, Inc., in…

A: Breach of contract occurs when the performance of the contract is not completed as per the promises.…

Q: The dimension(s) of environmental uncertainty is/ are O Degree of change & Degree of complexity. O…

A: Introduction: When conditions in a corporate environment are continually changing, this is known as…

Q: What are the principle guidelines to recognize the risk s at the risk management?

A: Standards rules of Risk Management: This is accomplished through persistent communication at each…

Q: $2.7 million. the cost of goods sold is estimated to be 40 percent of sales, and corporate overhead…

A: Conclusion:The decision ultimately depends on whether the company values the liquidity and lower…

Q: Lou-anne is a member of her employer's registered pension plan. Her employer contributed $5,000 to…

A: A corporate pension plan, also known as an employer-registered pension plan, is a retirement savings…

Q: Dan and Leo agree to buy and sell “groceries and sundries” from Public Growers, Inc., in their…

A: This case centers on a contract dispute between Dan and Leo, owners of a grocery store, and Public…

Q: When a contract includes multiple performance obligations... All revenue is recognized in the amount…

A: A contract is a legitimately restricted and enforceable understanding between at least two…

Question

Ruby obtained a loan of $90,000 towards the
purchase of her new home. If the loan was 75%
of the purchase price, how much did she pay for
the home?
O $125,000 (Dollars)
O $115,000 (Dollars)
O $145,000 (Dollars)
O $120.000 (Dollars)

AI-Generated Solution

AI-generated content may present inaccurate or offensive content that does not represent bartleby’s views.

Unlock instant AI solutions

Tap the button
to generate a solution

Click the button to generate
a solution

SEE SOLUTION

Similar questions

Josue is purchasing a condo from a developer. When he signs the contract, the developer gives him a packet of condo documents (and he signs for their receipt). How many days after that will he have to cancel the contract? 30 20 15 10 +
Robert uses a portion of Eric's property in such a manner that he's five years away from adversely possessing the property. Eric sells his property to Kelsey. The effect on the possible adverse possession is: Question 1 options: it cancels the possible adverse possession claim nothing, but only if Robert has told Kelsey of the possible adverse possession of the property nothing, but only if Robert has told Kelsey of the possible adverse possession claim AND Eric consents it starts the running of the clock for adverse possession all over again nothing
A property's annual property taxes equaled $7,560. The seller owes the buyer for 20 days of prorated property taxes. Using the 360-day calendar, how much does the seller owe the buyer? $420 $1,950 $360 $2,100
14. If a buyer defaults on a contract for sale after paying $7,000 in earnest money as a deposit, what happens to the earnest money? O The seller keeps the $7,000. O The buyer gets the money back. ○ The seller and the listing broker split the money between them O The broker keeps the $7,000
A local Marshalls is selling a suit for $99. Because of changing styles, the first markdown was 8% and second markdown was 25%. The suit still did not sell, so a final markdown of 10% was taken. The sale price is currently: A. None of these B. $68.31 C. $61.48 D. $86.31 E. $61.84
A seller paid $1,200 in HOA fees at the beginning of the year. The buyer closed on the property and took possession on June 1st. Using the 360-day calendar, how much would the buyer owe the seller in prorated HOA fees? $200 $700 $600 $1,200
what is the expected payoff $____
(d) The company only has 4 workstations available. If it only operates its 4stations, how many weeks does it need to meet the production requirements?(e) The company has other contracts it needs to satisfy. Working on themugs more than 4 weeks means it will have to cancel another contract,incurring a penalty of $4,500. Each new workstation costs the company$2,500. What should the company do: cancel the contract or buy therequired workstations?
Need from d to g
Answer please with correct option
i need help constructing a pay-off the table with the given question :
Pls answer fast i give up vote