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What is 90k?

Updated: 9/17/2023
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12y ago

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$90,000

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Q: What is 90k?
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How much is 90K?

K is the symbol for the Greek word kilo, which means 1,000. Therefore, 90K equals 90,000.


What does 80-90k mean?

£80,000 to £90,000


What are the taxes on cash surrender of insurance?

How much is the surrender value compared to the premiums paid in? Generally speaking, there is no tax on the cash surrender value of a life ins. policy. This is because the (guaranteed) cash surrender value (GSV) represents the "legal reserve" required by law. So, for instance, if a person is insured for $100k, and the policy has a GSV of $10k, when the insured person dies (assuming no policy loans, etc.) the death benefit of $ 100k is paid to the named beneficiary: $ 90k of the insurance company's $'s, and $ 10k of the insured's $'s. Had the insured taked a policy loan of $10k, then the death benefit would be only the $ 90k. Hope this helps.


What will happen if you have credit card debt of 90000 from one credit card company and there is a possibility the company may sue you?

I doubt seriously anybody on earth has a $90k limit on their CC's - even if the debt is 50 cents, they can sue you for the balance. You borrowed the money and promised to pay it back ... you don't pay, they sue. Simple as that.


Can you convert a HELOC which has a variable rate into a home equity loan at a fixed rate and if so would you need to go through the same lender that holds your home equity line?

Yes, you can convert your HELOC into a fixed home equity loan. And, no you don't have to go through your current lender. There are also HELOC's with a fixed rate option which means that you can select expended amounts of your HELOC for the lender to assign a fixed rate to it. For example, let's say that you take out $100k at a variable rate of 7%, then you use $10K, but rates are continuing to increase. You can ask the lender to place the $10k on a fixed rate that fully amoritizes and leave the $90K on the variable rate. Hope that helps. I'm currently considering this program with Washington Mutual. I think that Well Fargo and Union bank also have similar options. Perhaps a bit piciune - but I believe the term convert would mean change the terms of the exisiting loan - which is only done with the same lender. Getting another lender involved, would require a new or refinance, frequently needing the exisitng loan to be paid off with the proceeds.

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How much is 90K?

K is the symbol for the Greek word kilo, which means 1,000. Therefore, 90K equals 90,000.


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