Ben Collins plans to buy a house for $220,000. If the real estate in his area is
Question:
Ben Collins plans to buy a house for $220,000. If the real estate in his area is expected to increase in value by 2 percent each year, what will its approximate value be seven years from now?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 72% (11 reviews)
220000 1149 ...View the full answer
Answered By
Aysha Ali
my name is ayesha ali. i have done my matriculation in science topics with a+ . then i got admission in the field of computer science and technology in punjab college, lahore. i have passed my final examination of college with a+ also. after that, i got admission in the biggest university of pakistan which is university of the punjab. i am studying business and information technology in my university. i always stand first in my class. i am very brilliant client. my experts always appreciate my work. my projects are very popular in my university because i always complete my work with extreme devotion. i have a great knowledge about all major science topics. science topics always remain my favorite topics. i am also a home expert. i teach many clients at my home ranging from pre-school level to university level. my clients always show excellent result. i am expert in writing essays, reports, speeches, researches and all type of projects. i also have a vast knowledge about business, marketing, cost accounting and finance. i am also expert in making presentations on powerpoint and microsoft word. if you need any sort of help in any topic, please dont hesitate to consult with me. i will provide you the best work at a very reasonable price. i am quality oriented and i have 5 year experience in the following field.
matriculation in science topics; inter in computer science; bachelors in business and information technology
_embed src=http://www.clocklink.com/clocks/0018-orange.swf?timezone=usa_albany& width=200 height=200 wmode=transparent type=application/x-shockwave-flash_
4.40+
11+ Reviews
14+ Question Solved
Related Book For
Focus On Personal Finance
ISBN: 9780077861742
5th Edition
Authors: Jack R. Kapoor, Les R. Dlabay Professor, Robert J. Hughes, Melissa Hart
Question Posted:
Students also viewed these Business questions
-
Debbie plans to buy a house for cash instead of paying a mortgage. She is willing to set aside $12 000 at the end of each year for 15 years. She puts her savings in a Tax Free Savings Account (TFSA)...
-
You want to buy a house for which the owner is asking $625,000. The only problem is that the house is leased to someone else with five years remaining on the lease. However, you like the house and...
-
1-Two brothers each open IRAs in 2009 and plan to invest $3,000 per year for the next 30 years. John makes his first deposit on January 1, 2009, and will make all future deposits on the first day of...
-
General Ledger Accounts Account: Cash Date Description Opening Balance Account: Date Petty Cash Description Opening Balance Account: Date Accounts Receivable Description Opening Balance Account: Date...
-
During the previous month, a firm produced 250 tablet devices at an average variable cost of $40 and at an average fixed cost of $10. What were the firm's total costs during the month?
-
The ground-state wave function of a hydrogen atom is = (1/xa3)1/2e-r1ao where ao = 53 pm (the Bohr radius). (a) Calculate the probability that the electron will be found somewhere within a small...
-
How Can HR Support the Development of Positive Organizational Cultures? (pp. 498502)
-
The ISO commercial crime coverage form can be used to insure specific crime exposures of most business firms. Assume that you are a risk management consultant. For each of the following losses,...
-
Dwayne wants to redecorate his bedroom and decides to purchase new furniture. The following graph could be used to represent the value of the new bedroom furniture, f(x), after x years. 1300 1200...
-
The Booth Company's sales are forecasted to increase from $1,000 in 2004 to $2,000 in 2005. Here is the December 31, 2004, balance sheet: Booth's fixed assets were used to only 50 percent of capacity...
-
If Z has a standard normal distribution, find the density of Z 2 .
-
If X, Y, Z are independent standard normal random variables, find the distribution of X 2 + Y 2 + Z 2 . (Think spherical coordinates.)
-
(a) If you were lent 17,000 for 64 days at 6 per cent, how much interest would you pay? (b) If a debt factor offered to discount a 4,000 bill of exchange at 12 per cent, and if the bill had an...
-
Figure < 4 ft/s 45 0.75 ft 3 ft/s 1.50 ft 1 of 1 < Part A Determine the velocity of point A on the rim of the gear at the instant shown.(Figure 1) Enter the x and y components of the velocity...
-
what ways can leaders facilitate cognitive reframing and emotional regulation techniques to promote constructive conflict resolution ?
-
What is the level of sales needed to achieve a 10% return on an investment of $10,000,000 for a restaurant (the restaurant has main products it sells: food, beverage and gift shop items) and cover...
-
1. An online computer assembling mobile phone Application provides interfaces for end users to assemble computers by selecting computer accessories with different configurations from different...
-
1. (# 3.21, Text) Plot the longitudinal and transverse coefficients of thermal expansion for a unidirectional glass-polyester composite as functions of fiber volume fraction. Assume the following...
-
Analyze the cost data below. What implications do these data suggest to managers? A $537,280 42% 45% 12% 1% Note: Figures represent percentages of quality costs by product. Total sales External...
-
From 1970 to 1990, Sri Lanka's population grew by approximately 2.2 million persons every five years. The population in 1970 was 12.2 million people.What is the best formula for P, Sri Lanka's...
-
Sophia purchased a variable annuity contract with a purchase payment of $25,000. Surrender charges begin with 7 percent in the first year and decline by 1 percent each year. In addition, Sophia can...
-
Using the nonworking spouse method, what should be the life insurance needs for a family whose youngest child is 10 years old?
-
Use the information in the Figure It Out! box earlier in the chapter to complete the following table. Annual Deposit $3,000 $3,000 $3,000 $3,000 Rate of Return 2% 8% 3% 9% Number of Years 10 10 30 30...
-
What is the risk profile of your company? (How much overall risk is there in this firm? Where is this risk coming from (market, firm, industry or currency)? (APPLE COMPANY LATEST DATA) How is the...
-
What is the duration for the following bond with annual payments? 5.6300 5.7957 4.9894 5.1910 5.3806
-
DOLLAR TREE GROCERY OUTLET Short-Term Liquidity 2021 2022 2021 2022 Current Ratio 1.35 1.51 1.86 1.67 Quick Ratio 0.24 0.15 0.63 0.42 Cash Ratio Cash Conversion Cycle 34.78 45.75 19.41 21.61 Days...
Study smarter with the SolutionInn App