Assuming the mutual fund grows in value at a rate of 7% per year in the future. Using the Rule of 70, we know the correct answer is a. $700,000.
1. According to the Rule of 70, we can estimate how long it will take for an investment to double by dividing 70 by the annual growth rate. In this case, 70 divided by 7 is equal to 10, which means the investment will double every 10 years.
2. After 40 years, the investment will double four times. So, $10,000 will become $20,000 after 10 years, $40,000 after 20 years, $80,000 after 30 years, and $160,000 after 40 years.
3. However, since the investment continued to grow at a rate of 7% per year, the $160,000 will continue to double every 10 years. So, after 50 years, it will be worth $320,000, after 60 years, it will be worth $640,000, and after 70 years, it will be worth $1,280,000.
4. Since we only need to calculate after 40 years, we can estimate the value by realizing that $160,000 will double twice in that time, becoming $320,000 and then $640,000. Therefore, we can safely estimate that the mutual fund will be worth approximately $700,000 after 40 years.
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Travels of a T-Shirt in a Global Economy: Consider OxFam's position on US cotton subsidies as discussed on page 6. Do you believe that it is fair for the US to provide these subsidies? How does your answer change if other countries provide similar subsidies as well? Finally, also explain why cotton remains a "sticking point" on global trade negotiations.
In 2017, the US government provided $1.1 billion in subsidies to cotton producers through various programs. These subsidies aimed to protect domestic markets and support economic development.
Are the subsidies fairAlthough traditional cotton subsidies were eliminated, the 2014 farm bill increased subsidies for government programs that insured cotton farms against revenue reductions from low market prices and crop yields.
Additionally, cotton growers received over $650 million in premium subsidies through the Federal Crop Insurance Program in the same year. Critics argued that these domestic subsidies distorted the market and contributed to a decline in global cotton prices.
Subsidies are intended to support vital sectors of the economy or national infrastructure, but they can hinder free trade and create market inefficiencies, according to economists. Cotton is a major point of contention in global trade negotiations due to its widespread use. In the United States, 1,000 acres of cotton can produce enough cotton lint to make around 500,000 pounds of cotton lint, which translates to a significant number of t-shirts.
Cotton production occurs in numerous countries worldwide. It is not specified whether these countries are predominantly in the developing or developed world.
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Shaquil receives total employee benefits that are 13. 5% of his gross annual pay. If Shaquil has a gross annual pay of $40,000, how much in total employee benefits does he receive? a. $5. 40 b. $54. 00 c. $540. 00 d. $5,400. 0.
The annual total employee benefits that are received by Shaquil are $5400 during the course of an entire year's salary. So the correct option matching the quoted statements is D.
The calculation of the total employee benefits derived are simple, as all such benefits are to be summed up in total by putting the values given under the summation.
Calculation of employee benefits The annual total employee can be calculated by using the formula for the same as given below,\(\rm Total\ annual\ employee\ benefits= Annual\ Salary\ x\ Percentage\ of\ Benefits\ Received\)We have been given the information that the employee benefits derived are as 13.5%. Now we put the values given in the formula assuming that the salary $40000 remains constant.\(\rm Total\ Annual\ Employee\ Benefits= \$40000\ x\ 0.135\\\\\\\rm Total\ Annual\ Employee\ Benefits= \$5400\)So we get the values that the total annual benefits of being an employee received by Shaquil will be $5400.Hence, the correct option is D that the total annual employee benefits derived by Shaquil will be $5400.
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What are the goals of government regulation?
low unemployment, price stability,
economic growth
O high unemployment, price instability,
economic growth
low unemployment, price stability,
economic steadiness
O high unemployment, price instability,
economic steadiness
Answer: A) low unemployment, price stability, economic growth
Explanation: Government regulation attempts to promote growth, full employment, and price stability for the well-being of the citizens
The goals of an ideal government while making regulations shall include the following purposes,
low unemployment, price stability,economic growth.Therefore, the option A holds true.
What is the significance of government goals?The goals of a government can be referred to or considered as the qualitative and quantitative targets set by the government in order to foresee better conditions in the future. These are backed by economic plans and regulations.
For a developing or a developed government, the goals must be economically based while being regulated. These goals must include reduced poverty and unemployment in order to achieve a healthy economic growth.
Therefore, the option A holds true and states regarding the significance of the goals of a government.
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As a salaried employee, Richard Hernandez earns $776 each week. In one week, he worked 50 hours. What is his gross pay for that week?
Answer:
He would get paid $38,800 he will get $38,800 because I multiplied $776 and the 50 hours and that's how I got $38,800.
Which of the following is an example of a game where the customer can choose their own numbers?
An example of a game where the customer can choose their own numbers is; Mega millions.
Playing the Mega millions gameMega Millions is a game whose tickets cost $2.00 per play. Players may pick six numbers from two separate category of numbers;
Five different numbers from 1 to 70 (the white balls) and One number from 1 to 25 (the gold Mega Ball)The jackpot is hit when all six numbers match the six drawn numbers.
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Developing a _______ can help a manager identify and define the markets in which the firm wants to compete. multiple choice question.
Developing a strategic plan can help a manager identify and define the markets in which the firm wants to compete.
A strategic plan is a comprehensive document that outlines the organization's goals and objectives, along with the strategies and tactics to achieve them. It helps the manager to assess the internal and external environment, understand the target market, analyze competition, and make informed decisions regarding market selection. The strategic plan provides a roadmap for the organization's future direction and guides decision-making processes.
Developing a comprehensive marketing strategy is a crucial step for a manager to effectively position their firm in the marketplace. A marketing strategy serves as a roadmap that outlines the objectives and actions necessary to achieve those objectives. By developing a well-defined marketing strategy, managers can gain clarity on the markets they want to target and the competitive advantages they possess.
A robust marketing strategy involves conducting market research and analysis to identify target markets, understand customer needs and preferences, and assess the competitive landscape. This information helps managers determine the specific segments or niches within the larger market that align with their firm's strengths and objectives.
Furthermore, a marketing strategy outlines the key marketing mix elements: product, price, place, and promotion. Managers need to carefully consider each element and tailor their approach to suit the identified target markets. This involves developing products or services that meet customer demands, setting competitive pricing strategies, selecting appropriate distribution channels, and creating effective promotional campaigns.
A well-crafted marketing strategy also takes into account the firm's resources, capabilities, and constraints. It aligns the organization's overall goals with the marketing objectives and guides resource allocation to ensure optimal utilization and return on investment.
By having a clear marketing strategy in place, managers can make informed decisions about market entry, product development, pricing strategies, promotional activities, and distribution channels. It helps them focus their efforts and resources on the markets and opportunities that offer the greatest potential for success.
Overall, developing a robust marketing strategy is essential for managers to identify and define the markets in which their firm wants to compete. It provides a structured approach to understanding customer needs, positioning the firm's offerings, and gaining a competitive edge in the marketplace.
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true or false, to advance the progress completion percentage in a smartbook assignment, only one question per concept must be answered correctly
Answer:
FalseExplanation:
A SmartBook assignment's progress completion % may not always be dependent on correctly answering just one question per idea. The requirements for increasing a SmartBook assignment's progress completion percentage can change based on the particular assignment, the course, and the instructor. It could be determined by properly answering a predetermined number of questions overall, a predetermined number of questions in each topic area, or by doing a predetermined number of activities or evaluations inside the assignment. The easiest way to find out the precise requirements for raising the progress completion percentage in a SmartBook assignment is to study the assignment instructions or speak with the instructor.
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Which of the following ads depict an informational appeal?A) Thompson Water Seal can withstand intense rain, snow, and heatB) The California Milk Processor Board ran the successful "Got Milk?" ad to boost declining salesC) VW advertised to active, youthful people with its famed "Drivers Wanted" campaignD) Pringles advertised "Once You Pop, the Fun Don't Stop" for yearsE) KFC has marketed its fast-food products under the slogan, "Finger Lickin' Good"
The following ad depicts an informational appeal: Thompson Water Seal can withstand intense rain, snow, and heat.
Option A) Thompson Water Seal can withstand intense rain, snow, and heat is the correct answer.
An informational appeal is a type of advertising that aims to educate customers about the benefits of a product. The Thompson Water Seal ad is a good example of this type of appeal.
The ad highlights the functional characteristics of the product, such as its ability to withstand harsh weather conditions like rain, snow, and heat.
It aims to convince potential buyers by emphasizing the product's features and benefits. The ad does not employ emotions, humor, or other persuasive tactics. Rather, it provides consumers with factual information about the product.
Thus following ad depicts an informational appeal: Thompson Water Seal can withstand intense rain, snow, and heat.
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Sheridan Manufacturing's sales slumped badly in 2022 due to so many people purchasing gifts online. The company's income statement showed the following results from selling 500,000 units of product: net sales $2,215,000; total costs and expenses $2,609,020; and net loss $394,020. Costs and expenses consisted of the following: Cost of goods sold Selling expenses Administrative expenses Total $2,037,020 236,000 68,000 336,000 168,000 $2,609,020 $1,555,000 (a) Variable $1,319.000 Fixed $718,020 168,000 168,000 $1,054,020 Management is considering the following alternative for 2023: Purchase new automated equipment that will change the proportion between variable and fixed expenses to 45% variable and 55% fixed. Your answer has been saved. See score details after the due date. Compute the break-even sales dollars for 2022. (Round per unit value to 2 decimal places, eg. 52.75 and final answer to 0 decimal places, e.g. 5,275.) 55% fixed. (a) Your answer has been saved. See score details after the due date. Compute the break-even sales dollars for 2022. (Round per unit value to 2 decimal places, e.g. 52.75 and final answer to 0 decimal places, e.g. 5,275.) Break-even sales dollars $ (b) Break-even sales dollars $ 3537355 Compute the break-even sales dollars under the alternative course of action, (Round per unit value to 2 decimal places, eg. 52.75 and final answer to 0 decimal places, eg. 5,275.) Save for Later Attempts: 1 of 1 used Attempts: 0 of 1 used Submit Answer
To compute the break-even sales dollars for 2022, we need to determine the contribution margin per unit and then divide the fixed costs by the contribution margin ratio.
Given the information provided:
Net sales = $2,215,000
Total costs and expenses = $2,609,020
To find the contribution margin per unit:
Contribution margin per unit = (Net sales - Cost of goods sold) / Number of units sold
Contribution margin per unit = ($2,215,000 - $1,555,000) / 500,000
Contribution margin per unit = $660,000 / 500,000
Contribution margin per unit = $1.32
To find the fixed costs:
Fixed costs = Total costs and expenses - (Variable costs + Selling expenses + Administrative expenses)
Fixed costs = $2,609,020 - ($1,319,000 + $168,000 + $168,000)
Fixed costs = $2,609,020 - $1,655,000
Fixed costs = $954,020
Now, we can calculate the break-even sales dollars:
Break-even sales dollars = Fixed costs / Contribution margin ratio
Break-even sales dollars = $954,020 / (1 - 0.55)
Break-even sales dollars = $954,020 / 0.45
Break-even sales dollars = $2,120,044.44
Therefore, the break-even sales dollars for 2022 is approximately $2,120,044.44.
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True or False: It's always better to take a loan from a private bank to pay for your college tuition.
Answer:
It is false
Explanation:
Do you think every place of our country is accessible to all kind of information obtaining sources why give reasons
Freedom of information is freedom of a person or people to publish and consume information.
What is meant by Freedom of Information ?
The right of a citizen to access information that the government holds is referred to as information freedom. This freedom is recognized as a constitutional right in several nations.
The Freedom of Material Act in the United States permits the revelation of official records and previously undisclosed information that is under the authority of the American government. The Electronic Freedom of Information Act, which mandates that certain types of government records be made electronically accessible to the public, was added to this law in 1996 as an amendment. This is intended to increase access to public information.
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Which conclusion does this graph most support?
Product A
100
75
Demand
Product B
50
25
0
$10
$20
$25
$15
Price
O A. Demand for product A is more inelastic than demand for product
B.
B. The price for product A is closer to its equilibrium price.
C. Demand for product A is more elastic than demand for product B.
D. The price for product B is closer to its equilibrium price.
Demand for product A is more elastic than demand for product B is the conclusion does this graph most support. Hence, option A is correct.
What is elasticity of demand?A demand that is elastic experiences a significant shift in quantity demanded as a result of a price adjustment. When the amount sought changes little as a result of a price adjustment, the demand is said to be inelastic.
Example if the price of the tea change, the consumption of the tea remains the same or little less.
Thus, option A is correct.
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You have $110,000 to invest. You choose to put $160,000 into the market by borrowing $50,000.
a. If the risk-free interest rate is 4% and the market expected return is 11% what is the expected return of your investment?
b. If the market volatility is 10%, what is the volatility of your investment?
The expected return of investment is 9.68% and the volatility of investment is 7.6%.
a. Expected return of investment:
The expected return of investment can be calculated using the formula:
Expected return = Risk-free rate + Beta * (Market return – Risk-free rate)
Here, Beta = (Amount invested in the market / Total amount invested)
Beta = (160,000 / 210,000)
Beta = 0.76
Expected return = 4% + 0.76 * (11% – 4%)
Expected return = 9.68%
Therefore, the expected return of investment is 9.68%.
b. Volatility of investment:
The volatility of investment can be calculated using the formula:
Volatility of investment = Beta * Market volatility
Here, Beta = 0.76
Market volatility = 10%
Volatility of investment = 0.76 * 10%
Volatility of investment = 7.6%
Therefore, the volatility of investment is 7.6%.
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the state insurance code identifies all of the following as prohibited acts that can cause suspension, revocation or denial of an insurance producer license except
The state insurance code identifies all of the following as prohibited acts that can cause suspension, denial of an insurance producer license.
Insurance producers are people who sell insurance products. Insurance providers must be licensed in the state in which they sell insurance. This may require passing exams or meeting federal educational and/or ethical requirements.
The two terms are used interchangeably to describe the sale of insurance on behalf of one or more carriers. “Insurance agent” is the most commonly used term in the industry, while “insurance manufacturer” is often the formal title that indicates the usage of the license.
To become a property and casualty insurance agent in India, one must pass the IRDA IC 38 exam. On behalf of IRDAI (Insurance Regulatory and Development Authority of India), agent pre-employment checks are carried out by an agency approved by the regulator.
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When considering a job offer, you should only consider
how much you're being paid before you accept the offer.
TRUE
FALSE
Answer: false
Explanation:
False, it is unnecessary to considered how much being paid in previous employment.
The level of New employment salaries are determined by the job role, applicant qualification and negotiation made during the interview.
It is unnecessary to consider previous salary because the qualification and job role might have change. So, it will be fair to duly negotiate salary that best correspond with new role.
Therefore, the anser is false because it unnecessary to considered how much being paid in previous employment.
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jackie receives financial information from ordering, sales, and other departments and records them in the accounting records in order to create financial documents. jackie is likely a(n) auditor. treasurer. controller. chief financial officer.
Jackie receives financial information from ordering, sales, and other departments and records them in the accounting records in order to create financial documents. Jackie is likely a controller.
A controller is a senior-level executive who is responsible for overseeing the accounting and financial reporting of an organization. In the context described, Jackie's role of collecting financial information from different departments, recording them in accounting records, and creating financial documents are aligned with the responsibilities of a controller.
The controller ensures that financial statements and reports are accurate and in compliance with regulatory requirements and company policies. They also play an important role in the budgeting and forecasting process and help the company make informed financial decisions.
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in the supply-demand model, the conclusion that the price will tend to fall when quantity supplied is greater than quantity demanded is an example of a(n) .
In the supply-demand model, the conclusion that the price will tend to fall when quantity supplied is greater than quantity demanded is an example of inverse relationship between the supply and prices of goods.
How the laws of demand and supply affect prices ?According to the law of supply and demand, which is a theory of economics, supply and demand are tied to one another and the price of goods and services is influenced by this relationship. A basic tenet of economics is that when there is a surplus of an item or service above what is needed, prices will decline. Prices tend to rise when supply is less than demand.
When demand is unchanged, the link between supply and prices of goods and services is inverse. Prices often decline to a lower equilibrium price and a greater equilibrium quantity of goods and services when the supply of goods and services increases while the demand for those goods and services remains constant.
Prices often increase to a higher equilibrium price and a lesser quantity of goods and services when the supply of goods and services declines while the demand for those goods and services remains constant.
Demand for products and services is inversely correlated with supply. However, when supply is constant but demand is rising, the higher demand drives up the equilibrium price and vice versa.
Up until a price reaches equilibrium, supply and demand fluctuate up and down.
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a claim was filed against you with the real estate recovery fund and a settlement was reached with the victim. as a result, all of the following may happen, except?
A claim was filed against you with the real estate recovery fund, and a settlement was reached with the victim. As a result, all of the following may happen, except for automatic reinstatement of your real estate license.
When a claim is filed against a real estate professional with the real estate recovery fund, it is meant to compensate the victim for any losses they may have incurred due to the professional's misconduct.
After a settlement has been reached, several consequences may follow for the real estate professional, but automatic reinstatement of their real estate license is not one of them. Possible consequences include:
1. Suspension or revocation of the real estate license: The licensing authority may decide to suspend or revoke the professional's license based on the severity of the misconduct.
2. Fines or penalties: The professional may be required to pay fines or penalties as part of the settlement.
3. Additional educational requirements: The professional may be required to complete additional educational courses to improve their competency.
However, the real estate license will not be automatically reinstated without the professional undergoing a thorough review and completing any necessary requirements.
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who wants to vc wit me im depressed
When someone you care about is depressed, giving advice or wisdom may be something you do with only good intentions in mind.
So, yes Video calling would be a good option.
The straightforward definition of depression?Mental disorders like depression are rather thing. It is believed that 5% of individuals worldwide experience this condition. It is characterized by enduring unhappiness and a loss of interest or pleasure in formerly rewarding or delightful activities. It may also between with appetite and sleep.
What is the modern term for depression?Depression, now known as major depressive disorder or clinical depression, is a common but dangerous mood disease. It creates bad symptoms that interfere with your ability to function on a daily basis, including sleeping, eating, and working.
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Workplace diversity describes differences among workers in any of the following areas:
attitude
education
ethnicity
industry
Answer:
industry because here based the all the business in whole world
Miguel is trying to decide what luggage to buy. He has a choice of brown or black, wheels or no wheels, and small, medium, or large.
What is the probability of Miguel buying a large black piece of luggage with wheels?
The probability of Miguel buying a large black piece of luggage with wheels is 1/12.
When you perform the calculations, you would find out that you would have to multiply the variables and possible chances of occurrence and the answer is 1/12.
What is Probability?This refers to the chance of an event occurring and this is based on several factors.
Hence, we can see that The probability of Miguel buying a large black piece of luggage with wheels is 1/12.
When you perform the calculations, you would find out that you would have to multiply the variables and possible chances of occurrence and the answer is 1/12.
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Briefly explain economics
Answer:
The branch of knowledge concerned with the production, consumption, and transfer of wealth.
Explanation:
Economics is a social science concerned with the production, distribution, and consumption of goods and services. It studies how individuals, businesses, governments, and nations make choices about how to allocate resources. The building blocks of economics are the studies of labor and trade.
When something is grown and harvested in the same country it is distributed in, it can be considered what?
capital
international
duties
domestic
Answer:
domestic
Explanation:
In business, domestic refers to the home country of the producer or consumer. The domestic market is the market within the borders of the seller's country. Domestic contrasts with international, which refers to beyond the borders of a country.
Products that are produced and distributed within the country are domestic products. They are often referred to as local products. Domestic goods become exports if sold outside the borders of their country of origin.
Margo has a daily income of $60, which she can spend on coffee or bagels. Each cup of coffee costs $3 and each bagel costs $4. She is currently spending all her income, and she is willing to forgo 1 bagel to get the next cup of coffee to achieve the same level of utility. To maximize her utility, she should:_______.
a. increase bagel consumption and decrease coffee consumption
b. decrease both consumption of coffee and bagel
c. do nothing
d. increase coffee consumption and decrease bagel consumption
Answer:
decrease both consumption of coffee and bagel
How long do you have to file an amended tax return?.
You have 3 years from the date you filed your original tax return or 2 years from the date you paid the tax, whichever is later, to file an amended tax return.
An amended tax return, known as Form 1040X, allows you to make corrections or changes to your previously filed tax return. You can file an amended tax return within 3 years from the date you filed the original tax return or within 2 years from the date you paid the tax, whichever comes later. If you're expecting a refund from your amended tax return, it's essential to file it within these timeframes, or you may not be eligible to receive the refund.
The Internal Revenue Service (IRS) provides taxpayers with the option to file an amended tax return if they find errors or need to make changes to their previously filed tax return. To do this, you need to complete and submit Form 1040X. It's important to remember the time limit for filing an amended tax return, which is either 3 years from the date you filed the original tax return or 2 years from the date you paid the tax, whichever is later. If you are owed a refund, filing within these time limits is crucial to ensure you receive the refund you're entitled to. In case you owe additional tax, it's best to file an amended return as soon as possible to minimize potential interest and penalties.
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Being less dependent on suppliers and making profits on both parts and the final product are advantages of:_______.
Answer:
vertical intergrations
On July 1, Robles Metal Products had a beginning inventory of $505,700. During the quarter, goods costing $290,900 were manufactured. The inventory at the end of September was $485,300. During the quarter, Robles' net sales were $759,200. What was the cost of goods sold for the quarter? What was Robles's gross profit for the quarter?
Answer:
Instructions are below.
Explanation:
Giving the following information:
beginning inventory= $505,700
Cost of goods manufactured= $290,900
Ending inventory= $485,300
Net sales= $759,200.
To calculate the cost of goods sold, we need to use the following formula:
COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory
COGS= 505,700 + 290,900 - 485,300
COGS= $311,300
Now, we can determine the gross profit:
Gross profit= net sales - COGS
Gross profit= 759,200 - 311,300
Gross profit= 447,900
A federal covered investment adviser employs the services of a third-party promoter to solicit business for the firm. The Investment Advisers Act of 1940 would require the solicitor to deliver A) a copy of the investment adviser's brochure B) a copy of the solicitor's brochure C) a copy of the investment adviser's Form ADV Part 1 D) a copy of the solicitor's script
The Investment Advisers Act of 1940 would require the solicitor to deliver a copy of the investment adviser's brochure and a copy of the investment adviser's Form ADV Part 1. Therefore, the correct option is A and C.
The Investment Advisers Act of 1940:As per the Investment Advisers Act of 1940, if a federal covered investment adviser employs the services of a third-party promoter to solicit business for the firm, the solicitor would be required to deliver a copy of the investment adviser's brochure and a copy of the investment adviser's Form ADV Part 1 to the potential clients.
The solicitor's brochure or script is not required to be delivered to the clients. Therefore, the correct option is A and C.
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If you are the buyer and your closing costs are 4% of the loan amount, how much will you pay if the loan amount is $200,000?
Answer:
$8,000
Explanation:
Closing costs are fees levied on mortgage takers. They are paid at the closing stages of a mortgage to cover the costs of transferring the title to the buyer and other expenses.
If the mortgage is $200,000 and closing costs at 4%, the actual amount to be paid as the closing cost will be,
= 4% of $200,000
=4/100 x $200,000
=0/04 x $200,000
=$8,000
Which of the following is not a benefit of marriage, according to the U.S. Department of Health and Human Services?
making better decisions
mentally healthier
wealthier
at decreased risk of alcohol and drug use
Answer: wealthier
Explanation:
According to the report by the U.S. Department of Health and Human Services, marriage is beneficial in various ways to both spouses and offspring.
It stated that having a spouse enabled for better decision making in various areas including in substance abuse which led to a decreased risk in both alcohol and drug use.
Being married can also contribute to the general mental health of spouses.
There was no mention however, of marriage making people wealthier.
Answer: making better decisions
Explanation: it's correct on edge