1
Q
Mortgage Loan Amount
A
Selling Price - Down Payment
2
Q
Monthly Payment
A
(Amount of Mortgage/$1,000) x Monthly Payment for $1,000 Loan
3
Q
Total Interest Charged
A
Amount Paid - Amount of Mortgage
4
Q
Actual Amount Financed
A
Amount of Mortgage + Closing Costs
5
Q
Payment to Principle
A
Monthly Payment - Interest
6
Q
New Principle
A
Previous Balance - Payment to Principle
7
Q
Assessed Value
A
Market Value x Rate of Assessment
8
Q
Real Estate Tax
A
Tax Rate x Assessed Value
9
Q
Amount of Coverage
A
Amount of Coverage on Home x Percent
10
Q
FHA Maximum
A
Monthly Net Pay x Given Percent
Business Math (12th Grade)
flashcards
Decks in class (24)
# Cards
-
Chapter 1 Vocab12
-
Chapter 9 Formulas8
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Chapter 9 Vocab12
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Chapter 11 Vocab13
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Chapter 2 Spreadsheet Formulas8
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Chapter 4 Vocab24
-
Chapter 5 Vocab14
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Chapter 6 Formulas7
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Chapter 7 Formulas7
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Chapter 1 Formulas10
-
Chapter 2 Formulas8
-
Chapter 3 Formulas2
-
Chapter 4 Formulas5
-
Chapter 5 Formulas9
-
Chapter 8 Formulas14
-
Depreciation4
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Chapter 10 Formulas10
-
Chapter 10 Vocab24
-
Chapter 11 Formulas9
-
Chapter 12 Formulas13
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Chapter 12 Vocab24
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Chapter 21 Formulas10
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Chapter 21 Vocab15
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Chapter 20 Formulas5
