# Hi, I have just these two questions in the subject of Business Math/Personal Finance that I really need help with, and I would be very thankful if anybody responds to it with the correct answers and w

Hi, I have just these two questions in the subject of Business Math/Personal Finance that I really need help with, and I would be very thankful if anybody responds to it with the correct answers and with the work too!

Don't use plagiarized sources. Get Your Custom Essay on
Hi, I have just these two questions in the subject of Business Math/Personal Finance that I really need help with, and I would be very thankful if anybody responds to it with the correct answers and w
Just from \$13/Page

1) Sue and Bob recently purchased a brick house for \$150,000. They financed that amount at 8

percent for 30 years. The tax rate in their area is 71.57 mills and the rate of assessment is 40

percent. They purchased a homeowners policy for the purchase price of the house. The fire

protection in the neighborhood is rated class 9. For the month of July, they recorded the

following: \$69.20 for electricity, \$44.85 for telephone, \$39.95 for cable TV, \$18.80 for water,

and \$74.65 to repair a door. They have a combined monthly net income of \$5,400. What is their

monthly mortgage payment? What is the monthly insurance premium? What are their monthly

taxes? What was their total monthly housing cost for July? Is it within the FHA

recommendation?

2) Sue and Bob recently purchased a brick house for \$200,000. They financed that amount at 8

percent for 30 years. The tax rate in their area is 61.57 mills and the rate of assessment is 60

percent. They purchased a homeowners policy for the purchase price of the house. The fire

protection in the neighborhood is rated class 7. For the month of July, they recorded the

following: \$59.20 for electricity, \$84.85 for telephone, \$139.95 for cable TV, \$68.87 for water,

and \$74.65 to repair the walkway. They have a combined monthly net income of \$7,400. What

is their monthly mortgage payment? What is the monthly insurance premium? What are their

monthly taxes? What was their total monthly housing cost for July? Is it within the FHA

recommendation?

Thanks a lot!​

## Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
\$26
The price is based on these factors:
Number of pages
Urgency
Basic features
• Free title page and bibliography
• Unlimited revisions
• Plagiarism-free guarantee
• Money-back guarantee
On-demand options
• Writer’s samples
• Part-by-part delivery
• Overnight delivery
• Copies of used sources
Paper format
• 275 words per page
• 12 pt Arial/Times New Roman
• Double line spacing
• Any citation style (APA, MLA, Chicago/Turabian, Harvard)

# Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

### Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

### Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

### Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.