Cost of Apartments
Someone makes $60,000 per year and pays about 20% of his gross monthly income in federal and state taxes. Estimate how much he can afford to pay for rent each month if he wants to spend 30% of his net pay in rent.
$1,200
Someone is putting new base molding around their floors in a new house. If a room has dimensions of 12 by 15 feet, has one 4 foot door, and molding costs $3.99 per foot, how much will it cost to buy the molding?
$199.50
Find the volume of a room 14 by 17 feet with an 10-foot ceiling?
2,380 cubic feet
Someone is purchasing a home that costs $800,000. If they make a down payment of $200,000 and take a 30 year mortgage with an APR of 5.125% on the remaining cost, what is the total amount of interest they will pay?
$576,091.92
What country has the largest population of tigers?
India
Someone makes $92,500 per year and pays about 25% of his gross monthly income in federal and state taxes. Estimate how much he can afford to pay for rent each month if he wants to spend 30% of his net pay in rent.
$1,734.38
Someone is putting new base molding around their floors in a new house. If a room has dimensions of 24 by 30 feet, has three 4 foot doors, and molding costs $2.65 per foot, how much will it cost to buy the molding?
$254.40
Find the volume of a room 15' 6" by 18' 9" with an 9' 6" ceiling?
2,760.9 cubic feet
Someone is purchasing a home that costs $1,200,000. If they make a down payment of $250,000 and take a 30 year mortgage with an APR of 3.5% on the remaining cost, what is the total amount of interest they will pay?
$585,733.90
What is the diameter of the average basketball hoop?
18 inches
Someone is renting their first apartment. They have a choice of an unfurnished apartment for $2,500 per month or a furnished apartment for $3,000 per month. They went to the store and found that if they bought furniture, it would cost $5,000. If they only plan staying for a year, which should they choose?
Unfurnished
Someone is putting new carpet in their bedroom of their house. If a room has dimensions of 12 by 15 feet, has one 4 foot door, and carpet costs $4.10 per square foot, how much would it cost?
$738
A bedroom measures 15 feet by 19 feet and has a 9 foot ceiling. It is not well insulated and on the north side of his apartment. How large of an air conditioner should he purchase?
12,312 BTU
Someone is looking to purchase a home. Their adjusted gross income is $60,000. Their monthly mortgage payment for the house they want would be $2,200. Their annual property taxes would be $12,000, and the home- owner’s insurance premium would cost them $600 per year. They have a $560 per month car loan, and their average monthly credit card bill is $500. Would the bank lend them $110,000 to purchase their house if the bank uses back end ratio?
68.2%, No
How many legs does a lobster have?
10
Someone is renting their first apartment. They have a choice of an unfurnished apartment for $2,650 per month or a furnished apartment for $3,125 per month. They went to the store and found that if they bought furniture, it would cost $6,125. If they only plan staying for a year, which should they choose?
Furnished
Someone is putting new carpet in their bedroom of their house. If a room has dimensions of 20 by 19 feet, has two 4 foot doors, and carpet costs $7.55 per square foot, how much would it cost?
$2,869
A bedroom measures 20 feet by 25 feet and has a 10 foot ceiling. It is well insulated and on the west side of his apartment. How large of an air conditioner should he purchase?
16,666.7 BTU
Someone is trying to borrow money from a bank to purchase a home. Their adjusted gross income is $240,000. The monthly mortgage payment for the house they want would be $4,000. The annual property taxes would be $24,000 and the homeowner’s insurance premium would cost them $1,200 per year. Will the bank lend them $340,000 to purchase the house if the bank uses front end ratio?
30.5%, No
On average, which grows faster: Fingernails or toenails?
Fingernails
Someone pays a $225 application deposit for an apartment with a monthly rent of $3,150. They are required to provide a credit report that costs $25 and pay a security deposit equal to 1 and a half month’s rent. The landlord also requires the first and last month’s rent at the time of signing the lease. How much should they expect to pay to be able to move into the apartment?
$11,275
If an apartment has a total square footage of 975 square feet and the living room is 25' 6" by 20' 3", what percentage of the apartment if the living room>
53%
A bedroom measures 22' 6" by 20' 6" and has a 12 foot ceiling. It is not well insulated and on the east side of his apartment. How large of an air conditioner should he purchase?
28,228.5 BTU
Someone buys a condo for $450,000. They took out a 20 year mortgage with an APR of 6.5% after paying a down payment of $100,000. The have an annual insurance premium of $1,200, pay $6,000 in property taxes each year, and have an monthly HOA fee of $150. What is their monthly payment going to be?
$3,359.51
Name either of the two U.S. states that makes it illegal to get married on a dare.
Delaware and Colorado