If a property appreciated 2% in the past year, how much would the property be worth today if it was valued at $220,000 a year ago

Answers

Answer 1

The value of the property today after it has appreciated in value is $224,400.

What is the value of the property today?

When a property appreciates in value, it means that it becomes more valuable to own the property. The property becomes more expensive when it appreciates.

Value of the property = (1 + appreciation) x initial alue

1.02 x $220,000 = $224,400.

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Related Questions

Sometimes a pay rate is raised or lowered to compensate for specific working conditions (such as working the night shift) or labor markets (such as living in a high-rent location). These adjustments are called

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The adjustment of raising a pay rate or lowering it to compensate for specific working conditions are called pay differentials.

What is a pay rate?

The pay rate represents the average amount that laborers are paid per period.

The pay period may be an hour, a day, a week, etc.

The pay rate is multiplied by the pay period worked by a laborer to compute the total earnings.

Thus, the adjustment of raising a pay rate or lowering it to compensate for specific working conditions are called pay differentials.

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Joelle purchased 100 shares of PAC stock for $20 per share and sold this same stock one year later for $25 per share. She paid commissions of $60 when she purchased the stock and $70 when she sold the stock. Dividends of $2 per share were paid during the year. The total rate of return on this investment was

Answers

The total rate of return on this investment made by Joelle, who purchased 100 shares of PAC stock for $20, is 26.8%.

What is the rate of return?

The rate of return refers to the percentage of net profit or loss from an investment.

The rate of return can be computed as the total returns divided by the total cost, multiplied by 100.

Data and Calculations:

Cost price of stock = $20 per share

Total cost = $2,000 ($20 x 100)

Sales price per share = $25

Total sales value = $2,500 ($25 x 100)

Commission paid = $130 ($60 + $70)

Dividends received = $200 ($2 x 100)

Total proceeds from the investment = $2,700 ($2,500 + $200)

Total cost of investment = $2,130 ($2,000 + $130)

Total returns in dollars = $570 ($2,700 - $2,130)

Total rate of returns = 26.8% ($570/$2,130 x 100)

Thus, the total rate of return on this investment by Joelle from PAC shares is 26.8%.

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If a firm in a perfectly competitive market triples the quantity of output sold, then total revenue will:.

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If a firm in a perfectly competitive market triples the quantity of output sold, then total revenue will: exactly triple.

What is a perfect competitive market?

A Perfect competitive market is a type of market that has different manaufacturers which sell product that are slightly the same and the price of those product are also slightly the same.

Their is competition in this type of market based on the fact that each producer compete against one another.

Inconclusion If a firm in a perfectly competitive market triples the quantity of output sold, then total revenue will tripple the same.

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The Revised Act permits a corporation to purchase, redeem, or otherwise acquire its own shares unless:

Answers

Answer:

The corporation's total assets after the distribution would be less than the sum of its total liabilities and the maximum amount that then would be payable for all outstanding shares having preferential rights in liquidation. The corporation would be unable to pay its debts as they become due in the usual course of its business.

Explanation:

George is the ink buyer for Indigo Printing Company, a major plastic shopping bag manufacturer. One of his vendors regularly takes George to lunch and golf outings, and treats him to expensive vacations. George might have difficulty in which area of ethical concern

Answers

The area of ethical concern which George might have difficulty is fairness and honesty because his vendors regularly takes him to lunch and golf outings.

The Corporate Code of Ethics.

Based on the Corporate Code of Ethics, there are six(6) universal ethical standards and these include the following;

RespectCitizenshipResponsibilityCaringTrustworthiness.Fairness and honesty.

In this context, the area of ethical concern which George might have difficulty is fairness and honesty because his vendors regularly takes him to lunch and golf outinggs, and treats him to expensive vacations.

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Economists have determined that the economy goes through a cycle of
growth and decline how often?
O A. Every 80-95 years
O B. Every 6-10 years
O C. Every 25-31 years
O D. Every 54-60 years

Answers

Economists have determined that the economy goes through a cycle of growth and decline Every 25-31 years. Thus the correct option is C.

What is the economy?

The economy of any country is determined by the ratio of production and consumption that takes place within a year and evaluates the flow of funds in the market by analyzing the purchasing parity of an individual.

The economic cycle is ditributed into four stages in which there are stages as expansion, peak, contraction, and trough which indicate the status of the economy in the country.

According to economists, the economy has cycles of expansion and falls every 25–31 years. This is dependent on both the development of technology and the rise in the income of an individual.

Therefore, option C Every 25-31 years is appropriate.

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the first person that answers ill give u 50 brainlist points, brainlist to, stars, and a heart

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Hi and I am cool
And thx

Nathan calculated his company’s economic order quantity and categorized all production costs. One cost was related to the cost of storing milk in the freezers, and another cost was related to the insurance expenses that covered the company’s inventory. To which cost category would Nathan assign these costs?

Answers

The cost category which Nathan would put the insurance expenses is in the fixed cost per order.

What is Production Cost?

This refers to the sum total of all the costs which a company has when producing a good or service.

Hence, in this case, because Nathan is making calculations of the  company’s economic order quantity and he has to make a category of the production costs, he would have to put the insurance expenses is in the fixed cost per order.

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What are the sales dollars required to attain a target profit of $120,000?.

Answers

What are the sales dollars required to attain a target profit of $120,000? Sales dollars to attain the target profit = (Target profit + Fixed expenses)/Contribution margin ratio. Substituting the values, sales required = ($120,000 + $40,000)/0.40 = $400,000.

The sales dollars required to attain a target profit of $120,000  is $400,000.

What are profits?

The profits are the financial gains earned by a business or organization after all expenses and costs are deducted from the revenue generated from its operations.

The profits are what is left over when a business subtracts all of its costs, including the cost of goods sold, operating expenses, taxes, and other expenses, from its total revenue.

A business that earns high profits is generally seen as successful, while a business that consistently incurs losses is considered to be struggling. It is a key measure of a company's financial performance and are an important indicator of its ability to generate income.

For attaining a target profit of $120,000, the  sales dollars required is $400,000.

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Explain one reason why gentrification occurs in the united states and canada.

Answers

The main reason why gentrification occurs in the USA is because of the wealth gap between the poor and the rich.

What is Gentrification?

This refers to the process where a particular neighborhood is changed through the sudden influx of more wealthy residents..

Hence, it can be inferred that gentrification is popular in the United States of America based on the fact that the main reason why gentrification occurs in the USA is because of the wealth gap between the poor and the rich.

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What must owners of agricultural land do each year in order for it to qualify for protection under the Green Belt Law

Answers

In order for the land to qualify for the green belt law, it has to be used primarily for the sake of agriculture or good faith commercial agricultural purposes.

What is the Green Belt law?

This is an exemption that is given to land owners in the state of Florida if the land is used for the bona fide purpose of agriculture.

The law has it that the land owner applies for classification if they want the law applicable to them.

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Which of the following best describes the purpose of making an investment?
O A. To have control over economic activity
B. To increase profits by paying higher wages
O c. To use money to make more money
O D. To keep the money supply growing

Answers

Answer:

C. to use money to make more money

Explanation:

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If a person has $1,000 in a savings account and earns $20 a year in interest on that account, the rate of return on the money is close to

Answers

Answer:

2%

Explanation:

Which is a formatting characteristic of a full-block business letter?.

Answers

Answer:

In a full block business letter, every component of the letter heading, address, salutation, body, salutation, signature, identification, enclosures is aligned to the left. Also first sentences of paragraphs are not indented.

Explanation:

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Click this link to view o*net’s work styles section for helpers—production workers. note that common work styles are listed toward the top and less common work styles are listed toward the bottom. according to o*net, what are some common work styles needed by helpers—production workers? select four options.

staffing/hiring
dependability
adaptability/flexibility
attention to detail
language
cooperation

Answers

Answer:

2,3,4,6 dependability, adaptability/felxibility, attention to detail, cooperation.

Explanation:

I did it and got it right

The common work styles needed by helpers—production workers are dependability, adaptability/flexibility, attention to detail and cooperation.

Production employees are skilled personnel that maintain production by monitoring machinery to ensure product quality. They work on an assembly line, maintaining and cleaning factory machinery, and carefully assembling products in compliance with all safety regulations.

In factories, production workers create and put together goods. They run and maintain the equipment, guarantee that manufacturing requirements are maintained, finish the items, and get them ready for shipping.

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How does information technology impact the economic sector?

Answers

Answer:

~ᴛᴇᴄʜɴᴏʟᴏɢɪᴄᴀʟ ᴘʀᴏɢʀᴇꜱꜱ ᴀʟʟᴏᴡꜱ ꜰᴏʀ ᴛʜᴇ ᴍᴏʀᴇ ᴇꜰꜰɪᴄɪᴇɴᴛ ᴘʀᴏᴅᴜᴄᴛɪᴏɴ ᴏꜰ ᴍᴏʀᴇ ᴀɴᴅ ʙᴇᴛᴛᴇʀ ɢᴏᴏᴅꜱ ᴀɴᴅ ꜱᴇʀᴠɪᴄᴇꜱ, ᴡʜɪᴄʜ ɪꜱ ᴡʜᴀᴛ ᴘʀᴏꜱᴘᴇʀɪᴛʏ ᴅᴇᴘᴇɴᴅꜱ ᴏɴ.

Explanation:

ᴍᴀɢᴀɴᴅᴀɴɢ ᴛᴀɴɢʜᴀʟɪ ꜱᴀ ᴀᴛɪɴɢ ʟᴀʜᴀᴛ!!!

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Please heart my Answer←_←Tysm #Studying is important

A company’s _____ specifies the media vehicles to be used and the schedule for running advertisements.

Answers

The factor that specifies the media vehicles and methods to be used by a company to run advertisements is it's media plan.

What is a media plan?

This refers to a structured plan that a company comes up with and implements in order to meet their marketing goals.

It involves things like the schedules of adverts to be run, the media vehicles to be engaged, and the type of content that would be most effective.

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3. What is meeting the deductible?

Answers

Answer:

The fiscal test group meets the deductible by incurring medical costs that equal the dollar amount of the deductible. The countable costs are added together. When they are equal to or greater than the amount of the deductible, the group can be certified for Medicaid.

Explanation:


A deductible is a set amount that a patient must pay each year before their health insurance coverage kicks in. Beneficiaries typically pay co-insurance—a percentage of costs—for any services covered by the plan after meeting the deductible.

Consider the following price indexes: 95 in 2011, 100 in 2012, 129 in 2913, 131 in 2014, and 160 in 2015. If the cost of the market basket in 2012 is $3,500, what is the cost of the same basket of goods and services in 2015?

Answers

If the cost of a market basket of goods and services is $3,500 in 2012, the cost of the same market basket in 2015 is $5,600.

What is the market basket?

According to common definitions, a market basket is a selected mix of goods and services.

The market basket is commonly used to track the price performance of a specific market or segment, especially with regard to inflation.

An example of a market basket is the Consumer Price Index (CPI).  The CPI is an estimate of the average change of price paid for a specific basket of goods and services over time.

Data and Calculations:

Date  Price Index

2011         95

2012      100

2013      129

2014       131

2015      160

Cost of market basket in 2012 = $3,500

Cost of market basket of goods and services in 2015 = $5,600 ($3,500/100 x 160)

Thus, if the cost of a market basket of goods and services is $3,500 in 2012, the cost of the same market basket in 2015 is $5,600.

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Why are entrepreneurs essential to the success of a free enterprise economy?

Answers

Answer:

they help the market respond to changing prices and consumer preferences.

Explanation:

Entrepreneurs are themselves an important ‘factor of production’ and an essential aspect of a functioning free market economy. Importance of entrepreneurs Free market evolution. Entrepreneurs are important in a free market because they help the market respond to changing prices and consumer preferences.

Straight-line, declining-balance, and activity-based refer to methods commonly used to.

Answers

Answer:

depreciate

Explanation:

Straight-line, declining-balance, and activity-based refer to methods commonly used to _depreciate_ property, plant, and equipment.

Answer:

depreciate

Explanation:

Straight-line, declining-balance, and activity-based refer to methods commonly used to .... depreciate... property, plant, and equipment.

Duncan is creating records for inventory products in QuickBooks Online. Which field will he fill in that is not used for noninventory products

Answers

The field that Duncan is not going to have to fill that is not used for non inventory products would be all of the options in the question.

What is inventory?

This is a term that has to do with the stock of goods that a company or a business has.

The purpose of the inventory is in oerder for the business to resale the stock. All of the options in the question are used for inventory.

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Which general staff member prepares incident action.

Answers

Answer:

Operations Section Chief

Explanation:

is responsible for managing all tactical operations at an incident. The Incident Action Plan (IAP) provides the necessary guidance.

True or False: In the short run, changes in exchange rates are caused by relative productivity levels and preferences for domestic goods or foreign goods. True False

Answers

True: Over short periods of time, decisions to hold domestic or foreign financial assets play a much greater role in exchange rate determination than the demand for imports and exports does.

Further explanation

According to the asset market approach to exchange rate determination, investors consider two key factors when deciding between domestic and foreign investments: relative interest rates and expected changes in exchange rates. Changes in these factors, in turn, account for fluctuations in exchange rates that one observe in the short run.

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Why do consumer advocates advise against using alternative financial services?.

Answers

Consumer advocates advise against using alternative financial services because of the high cost that's associated with the loans and other services.

What is a financial service?

It should be noted that a financial service simply means a wide range of activities such as banking, insurance and investing.

In this case, consumer advocates advise against using alternative financial services because of the high cost that's associated with the loans and other services.

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Bob, a bartender who saw duty in Vietnam, refuses to serve Asians in his bar because he believes that Asians have no business living in the U.S.A. Bob's actions describe

Answers

His memories from time in Vietnam

Northeastern Health is a regional medical center. They tie pricing of services and profits to specific services in the medical center. Northeastern Health uses a __________ control system. Group of answer choices feedforward clan market bureaucratic concurrent

Answers

Northeastern Health, as a regional medical center that ties pricing to specific services, uses a market control system.

What is a market control system?

A market control system is a system that an entity's management uses to identify performance deviations in order to institute corrective measures for goal achievement.

Some of the market control systems include:

Annual plan controlProfitability controlEfficiency control Strategic control.

Thus, Northeastern Health, as a regional medical center that ties pricing to specific services, uses a market control system.

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A bond issue with a face amount of $500,000 bears interest at the rate of 7%. The current market rate of interest is 8%. These bonds will sell at a price that is:

Answers

As a result of the interest rate being 8% and the coupon being 7%, these bonds will sell at a price less than $500,000.

Why would the bonds sell less than $500,000?

When a bond's coupon rate is less than the market rate of interest, it is referred to as a discount bond.

This means that the bond will be sold at a price that is less than its face value amount. In this case the market rate is higher than the coupon rate so the bond will sell for less than $500,000.

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Years ago, American Express created the Gold Card for affluent customers. In response to recent declines, AmEx has decided to enhance the benefits of having a Gold Card by increasing the rewards and offering personalized services. This is an example of:

Answers

Based on the given scenario with Amex enhancing the benefits of having a Gold Card, this is an example of invention.

What is Invention?

This refers to the creation of new things with the aim of making a process easier that has not been done before.

Hence, we can see that based on the changes made by American Express in their Gold Card for their affluent customers and the increased benefits, this is an example of an invention.

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What is collateral?

a type of unsecured credit
O property given as security for a loan
funds borrowed to buy property
a payment to reduce overall debt

Answers

A collateral is a property given as security for a loan. Thus, the correct answer is option B.

What is a collateral?

A valuable asset that a borrower offers as collateral for a loan is known as collateral in the financial industry.

The house is used as collateral for the financing when a home buyer gets a mortgage. The automobile is the security for a car loan. When a company seeks bank financing, it may use valuable assets like real estate or machinery as collateral for the loan.

An unsecured loan has a higher interest rate than one that is backed by collateral. If there is a default, the lender has the right to transfer the collateral to make up the difference.

Therefore, property given as security for a loan is a collateral

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