Find the be a foil for of $6,000 deposited at 6% compounded semi- annualy for 3 years?
I dont know the answer to this, that's why i'm asking it, for homework help. i tried severa; times, but the answer never finished up being one of the answers given.Answers: $7164.31. See if this is the answer.
How do i release equity from my house??
i am 27 and have a house next to no mortgage to pay. is here any way of releasing some of the equity surrounded by the house? most places i have checked voice you have to be 55 or over. please sustain.Answers: You "release equity" by either selling it or taking out a loan on it.
You can appropriate out a mortgage on your house, thereby freeing up the equity you've got.
If your mound scoffs at the mortgage idea (and I don't know why they would), ask around a Home Equity Line of Credit (HELOC) which is basically duplicate thing, except it works more close to a credit card, with your house one on the line if you don't recompense the bills for whatever you use your HELOC money for.
If at year finishing our total liability be $10,000, what be total assets at year finish?
Started the year with assets totaling $95,000 and liability totaling $12,000. During the year we sold $20,000 worth of additional stock; have net income of $32,000; and compensated $15,000 in dividends. If at year appendage our total liabilities be $10,000, what were total assets at year running out?Answers: 95K+ (12k)+20K cash+ (20k stock)+32K +15 K= 130,000 net worth
Selling the stock cancel (trading one asset for another). Since you still had 10K within liabilities at the conclude of the year, take away $2000 bread to pay down the liability and you are gone with $128,000. That is assuming you did not spend any of the $32K network income.
(you would have $140K contained by assets and $10K liabilities)