A property purchased for $42000 is now appraised at $178500. What is the percent gain in the
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (15 reviews)
Gain in value ...View the full answer
Answered By
PALASH JHANWAR
I am a Chartered Accountant with AIR 45 in CA - IPCC. I am a Merit Holder ( B.Com ). The following is my educational details.
PLEASE ACCESS MY RESUME FROM THE FOLLOWING LINK: https://drive.google.com/file/d/1hYR1uch-ff6MRC_cDB07K6VqY9kQ3SFL/view?usp=sharing
3.80+
3+ Reviews
10+ Question Solved
Related Book For
Contemporary Business Mathematics with Canadian Applications
ISBN: 978-0134141084
11th edition
Authors: S. A. Hummelbrunner, Kelly Halliday, Ali R. Hassanlou, K. Suzanne Coombs
Question Posted:
Students also viewed these Accounting questions
-
(a) Assume that their home is now appraised at $192,000 and the value of their automobile has dropped to $9500. Calculate and characterize the effects of these changes on their net worth and on their...
-
The home the Bensons purchased 13 years ago for $85,000 is now appraised at $215,000. What has been the annual rate of appreciation of the value of their home during the 13-year period?
-
Mr. and Mrs. Markovich note that the home they purchased 20 years ago for $70,000 is now appraised at $340,000. What was the equivalent annual rate of appreciation in the value of their home during...
-
Fox rented a house from Chiodini, but before he moved in, he noticed exposed electrical wiring in the basement, so he refused to move in. City inspectors confirmed a code violation and Chiodini fixed...
-
In the two-dimensional body illustrated, the gradient at surface A is found to be T/y = 30 K/m. What are T/y and T/x at surface B? Insulation B, TB = 100C 1m k = 10 W/m-K +2 m-- A, TA = 0C %3D
-
Financial information for Buckle is presented in Appendix B at the end of the book. Required: 1. Determine the amounts Buckle reports for total assets, total liabilities, and total stockholders...
-
Use the implicit finite difference method to solve the heat conduction problem on the unit square: \[\begin{aligned}& \frac{\partial^{2} u}{\partial x^{2}}=\frac{\partial u}{\partial t} \\& u(x, 0)=x...
-
After Jack purchases his phone and data plan, is it likely that he experienced cognitive dissonance with his purchase? What evidence makes you answer the way you did?
-
2. Does the following graph represent a function that satisfies the following conditions? (-1)=-3. lim fx) = 1 3+ 2+
-
A drag strut splice between 2x4 No.2 DF-L top plate and a 4x6 No.1 DF-L header needs to resist tension force (seismic) equal to the capacity of the 2x4 in tension. 1. Determine the maximum tension...
-
A wage earner's hourly rate of pay was increased from $11.50 to $11.96. What was the percent raise?
-
The Bank of Montreal reduced its annual lending rate from 6% to 5.75%. What is the percent reduction in the lending rate?
-
Refer to Table 13-2 in Section 13-1 and identify the efficiency of the rank cor-relation test. What does that value tell us about the test? Table 13-2 Efficiency: Comparison of Parametric and...
-
Assume that a bank has a TDS requirement of 0.40. If heat costs $250/month, property taxes are at $190/month, and you have an outstanding car loan of $300/month, what is the maximum mortgage amount...
-
The thermite reaction is: 2Al(s) + Fe0,(s) Alz0a(s) + 2Fe(s) Use the thermodynamic quantities provided following problems. in Table III-I to solve the Table III-I: Thermal characteristics of...
-
Perry's Pizzeria issued 20-year annual coupon bonds one year ago at a coupon rate of 5.1 percent. If the YTM on these bonds is 8.99 percent, what is the current bond price?
-
1. Calculate the net present value (NPV?) for a 10?-year project with an initial investment of $25,000 and a cash inflow of $7,000 per year. Assume that the firm has an opportunity cost of 17?%.
-
We are evaluating a project that costs $889,000, has an 10-year life, and has no salvage value. Assume that depreciation is straight-line to zero over the life of the project. Sales are projected at...
-
Ms. NM, a single taxpayer, projects that she will incur about $7,000 of expenses qualifying as itemized deductions in both 2016 and 2017. Assuming that her standard deduction is $6,300 in both years,...
-
Refer to the data in QS 10-1. Based on financial considerations alone, should Helix accept this order at the special price? Explain.
-
A metal pipe 90 centimeters long is cut into two pieces so that the longer piece is 15 centimeters longer than twice the length of the shorter piece. What is the length of the longer piece? For this...
-
Jay purchased tickets for a concert over the Internet. To place the order, a handling charge of $5 per ticket was charged. GST of 5% was also charged on the ticket price and the handling charges. If...
-
a. To help pay for her MBA, Karen borrowed $5000 from her parents during her last year of school. The agreement was that Karen would repay the balance plus 3% interest on this personal loan once she...
-
Describe, in steps, at least one strategy used to attack embedded operating systems. Describe, in steps, at least one strategy used to defend against the chosen attack.
-
how does a hypercompetetice environment challenge those in an industry
-
Describe how managers can reduce unnecessary costs, including real - world examples of how it has been done
Study smarter with the SolutionInn App