EBK CONTEMPORARY MATHEMATICS FOR BUSINE
8th Edition
ISBN: 9781305888715
Author: Brechner
Publisher: CENGAGE LEARNING - CONSIGNMENT
expand_more
expand_more
format_list_bulleted
Concept explainers
Videos
Question
Chapter 14, Problem 6AT
To determine
To calculate: The percentage of appraised value and the potential credit if the appraised value is $114,500 and lender’s percentage is 65% and the balance of first mortgage is $77,900.
Expert Solution & Answer
Trending nowThis is a popular solution!
Students have asked these similar questions
In simplest terms and step by step
For each quadratic relation, find the zeros and the maximum or minimum. 1) y = - 2 x2 - 28 x + 64 2) y = 6 x2 + 36 x - 42
Write each relation in standard form a)y = 5(x + 10)2 + 7 b)y = 9(x - 8)2 - 4
In simplest form and step by step
Write the quadratic relation in standard form, then fi nd the zeros. y = 3(x - 1)2 - 147
Chapter 14 Solutions
EBK CONTEMPORARY MATHEMATICS FOR BUSINE
Ch. 14.I - What is the monthly payment and total interest on...Ch. 14.I - Prob. 2TIECh. 14.I - Prob. 3TIECh. 14.I - Prob. 4TIECh. 14.I - Prob. 5TIECh. 14.I - Using Table 14-1 as needed, calculate the required...Ch. 14.I - Prob. 2RECh. 14.I - Using Table 14-1 as needed, calculate the required...Ch. 14.I - Prob. 4RECh. 14.I - Prob. 5RE
Ch. 14.I - Prob. 6RECh. 14.I - Using Table 14-1 as needed, calculate the required...Ch. 14.I - Prob. 8RECh. 14.I - As one of the loan officers for Grove Gate Bank,...Ch. 14.I - As one of the loan officers for Grove Gate Bank,...Ch. 14.I - As one of the loan officers for Grove Gate Bank,...Ch. 14.I - As one of the loan officers for Grove Gate Bank,...Ch. 14.I - As one of the loan officers for Grove Gate Bank,...Ch. 14.I - As one of the loan officers for Grove Gate Bank,...Ch. 14.I - Ben and Mal Scott plan to buy a home for $272,900....Ch. 14.I - 16. Michael Sanchez purchased a condominium for...Ch. 14.I - 17. Luis Schambach is shopping for a 15-year...Ch. 14.I - 18. Phil Pittman is interested in a fixed-rate...Ch. 14.I - 19. Larry and Cindy Lynden purchased a townhome in...Ch. 14.I - Heather Gott bought a home with an adjustable-rate...Ch. 14.I - Joe and Gloria Moutran art purchasing a house in...Ch. 14.I - 22. You are a real estate broker for Aurora...Ch. 14.II - Justin Schaefer owns a home that was recently...Ch. 14.II - Roman Bass cams a gross income of $3,100 per...Ch. 14.II - For the following second mortgage applications,...Ch. 14.II - For the following second mortgage applications,...Ch. 14.II - For the following second mortgage applications,...Ch. 14.II - For the following second mortgage applications,...Ch. 14.II - For the following second mortgage applications,...Ch. 14.II - For the following second mortgage applications,...Ch. 14.II - For the following second mortgage applications,...Ch. 14.II - Calculate the housing expense ratio and the total...Ch. 14.II - Calculate the housing expense ratio and the total...Ch. 14.II - Prob. 10RECh. 14.II - Prob. 11RECh. 14.II - Prob. 12RECh. 14.II - Prob. 13RECh. 14.II - Prob. 14RECh. 14.II - Use Exhibit 14-4, Lending Ratio Guidelines, on...Ch. 14.II - 16. Ronald and Samantha Brady recently had their...Ch. 14.II - Prob. 17RECh. 14.II - Ransford and Alda Mariano own a home recently...Ch. 14.II - Prob. 19RECh. 14.II - Jamie and Alice Newmark have a combined monthly...Ch. 14.II - Prob. 21RECh. 14.II - According to moncy.CNN.com. with mortguge rates...Ch. 14 - 1. Land, including permanent improvements on that...Ch. 14 - A(n) ___________ is a loan in which real property...Ch. 14 - Mortgage ___________ points are an extra charge...Ch. 14 - Prob. 4CRCh. 14 - 5. A(n) ___________ account is a bank account used...Ch. 14 - Prob. 6CRCh. 14 - Prob. 7CRCh. 14 - Prob. 8CRCh. 14 - Prob. 9CRCh. 14 - Prob. 10CRCh. 14 - A home equity ___________ is a lump-sum second...Ch. 14 - Prob. 12CRCh. 14 - Prob. 13CRCh. 14 - Prob. 14CRCh. 14 - Prob. 1ATCh. 14 - Prob. 2ATCh. 14 - Suzanne Arthurs purchased a home with a $146,100...Ch. 14 - Prob. 4ATCh. 14 - Prob. 5ATCh. 14 - Prob. 6ATCh. 14 - Prob. 7ATCh. 14 - Prob. 8ATCh. 14 - Prob. 9ATCh. 14 - Prob. 10ATCh. 14 - Prob. 11ATCh. 14 - 12. Dale Evans bought the Lazy D Ranch with an...Ch. 14 - 13. Diversified Investments purchased a 24-unit...Ch. 14 - Larry Mager purchased a ski lodge in Telluride for...Ch. 14 - 15. A Denny’s Restaurant franchisee is looking for...Ch. 14 - Prob. 16ATCh. 14 - Adam Marsh is purchasing a $134,000 condominium...Ch. 14 - Prob. 18ATCh. 14 - Prob. 19ATCh. 14 - Prob. 20ATCh. 14 - 21. Phil Armstrong earns a gross income of $5,355...Ch. 14 - 22. Magda Leon is applying for a home mortgage...
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, subject and related others by exploring similar questions and additional content below.Similar questions
- Step by step instructions The path of a soccer ball can be modelled by the relation h = - 0.1 d 2 + 0.5 d + 0.6, where h is the ball’s height and d is the horizontal distance from the kicker. a) Find the zeros of the relation.arrow_forwardIn simplest terms and step by step how do you find the zeros of y = 6x2 + 24x - 192arrow_forwardStep by step Find the zeros of each quadratic relation. a) y = x2 - 16xarrow_forward
- In simplest step by step terms, how do you find the zeros of y = x2 - 16arrow_forwardIn simplest terms, Describe the shape and position of the parabola relative to the graph of y = x 2 y = - 80( x + 9) 2 + 10.8arrow_forwardas a Identify each equation Parabola, circle, ellipse perbola without completio the square. x²-6x-14 y = 33-y² 14y ofarrow_forward
- I need the last answer t=? I did got the answer for the first two this is just homework.arrow_forwardSaved Tempo Company's fixed budget (based on sales of 18,000 units) folllows Fixed Budget Sales (18,000 units x $201 per unit) 3,618,000 Costs Direct materials Direct labor Indirect materials Supervisor salary 432,000 792,000 486,000 232,000 Sales commissions 126,000 Shipping 270,000 Administrative salaries 232,000 Depreciation-office equipment 252,000 Insurance 222,000 Office rent 232,000 Income 292,000 1. Compute total variable cost per unit. 2. Compute total fixed costs 3. Prepare a flexible budget at activity levels of 16,000 units and 20,000 units. Complete this question by entering your answers in the tabs below. Q Search hp PRES 0 Oarrow_forwardy=x-9 y= 2x+4arrow_forward
- 7) 8) Let R be the region bounded by the given curves as shown in the figure. If the line x = k divides R into two regions of equal area, find the value of k 7. y = 3√x, y = √x and x = 4 8. y = -2, y = 3, x = −3, and x = −1 -1 2 +1 R Rarrow_forwardL sin 2x (1+ cos 3x) dx 59arrow_forwardConvert 101101₂ to base 10arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897...AlgebraISBN:9780079039897Author:CarterPublisher:McGraw Hill
Glencoe Algebra 1, Student Edition, 9780079039897...
Algebra
ISBN:9780079039897
Author:Carter
Publisher:McGraw Hill
Bayes' Theorem 1: Introduction and conditional probability; Author: Dr Nic's Maths and Stats;https://www.youtube.com/watch?v=lQVkXfJ-rpU;License: Standard YouTube License, CC-BY
What is Conditional Probability | Bayes Theorem | Conditional Probability Examples & Problems; Author: ACADGILD;https://www.youtube.com/watch?v=MxOny_1y2Q4;License: Standard YouTube License, CC-BY
Bayes' Theorem of Probability With Tree Diagrams & Venn Diagrams; Author: The Organic Chemistry Tutor;https://www.youtube.com/watch?v=OByl4RJxnKA;License: Standard YouTube License, CC-BY
Bayes' Theorem - The Simplest Case; Author: Dr. Trefor Bazett;https://www.youtube.com/watch?v=XQoLVl31ZfQ;License: Standard Youtube License