RES 327 Week 4 Discussion 1 Investment Decision

07 Jun RES 327 Week 4 Discussion 1 Investment Decision

Posted at 18:00h in 2General studies by Homework Writer

Carol Jones, a single person, has an annual income of $32,200. The principal and interest payment on the $25,000 loan (30 years at 8%) for her condominium is $7.34 per $1000. Annual property taxes are $1,200 and insurance is $280 a year.

Ms. Jones would like to purchase a larger unit in a new high rise, but her monthly principal and interest will increase to $330.30, plus annual taxes will be $2,100. Interest on the $45,000 will be 8% as rates are lower than when she purchased her present condominium.

In 200-250 words, given Ms. Jones situation as described here, answer and discuss the following:

What amount is deductible on the interest Ms. Jones currently pays if she is in the 28% tax bracket?

If Ms. Jones purchases the new condominium, how would this affect her income tax? Analyze the investment from the perspective of tax savings.

What should Ms. Jones consider before making this decision?

What calculations should Ms. Jones make?

What other savings would Ms. Jones realize?

Support your claims with examples from required material(s) and/or other scholarly resources, and properly cite any references. Respond to at least two of your classmates posts by Day 7.

Price: $6.19

Product Code: NEW

Availability: In Stock

FILE ATTACHMENTS

AttachmentsDQ30 RES327 Week 4 Discussion 1 Investment Decision.docx(Preview File Here)

Qty:

Add to Wish List Add to Compare

0 reviews 0 reviews WRITE A REVIEW

Share

Tags:

Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.

Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.

Do you need an answer to this or any other questions?

About Writedemy

We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.

How It Works

To make an Order you only need to click on “Order Now” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.

Are there Discounts?

All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.

Hire a tutor today CLICK HERE to make your first order

Print page