What is the appropriate interest rate and number of time periods to use to find the monthly payment for a 30-year mortgage at 6% compounded monthly?.
Answers
0.5% and 360
Bank interest is the fee paid when paying for services on borrowing money provided by the bank within a certain period. Interest is determined by a percentage of the total deposit or loan amount.
Bank interest itself is divided into credit interest rates and savings interest rates. The loan interest rate is a certain price that must be paid by the customer to the bank in return for the loan obtained. Meanwhile, the savings interest rate is a certain amount paid by the bank to customers in return for their deposits.
In the banking world itself, the types of bank interest rates are broken down into five different types, namely:
Fixed interest rate: Fixed interest rate is an interest rate that is fixed and does not change for a certain period of time or according to a predetermined maturity date (during the duration of the credit).Floating interest rates: Floating or floating interest rates mean that interest rates will continue to change according to market interest rates.Flat interest rate: The flat interest rate is an interest rate that is calculated by referring to the principal amount of the loan at the beginning for each installment period.You can learn more about Bank interest here brainly.com/question/15551408
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Related Questions
Assume the following about company Pain’s capital project:
- Project life of two years (year 0 - today, year 1, and year 2)
- Weighted average cost of capital = 11% - New equipment cost = $100,000
- Installation cost = $10,000 - Tax rate = 21% - Depreciation of $75,000 per year
- Purchase price of new building = $300,000, - Market research cost $50,000 (done
in previous year) - A/P increase of $10,000 in Yr. 0, - A/R increase of $20,000 in YR. 1, - Inventory
increase of $15,000 in YR. 0, - After tax salvage value of equipment = $50,000
Based on the data above for Pain's capital project - what is the dollar amount that should go in Year 0 of the "Investments" section of our cash flow framework?
Answers
The dollar amount that should go in Year 0 of the "Investments" section of our cash flow framework is approximately $425,000. $425,000.
To determine the dollar amount that should go in Year 0 of the "Investments" section of the cash flow framework, we need to consider all the relevant investment costs associated with the project.
The investment costs in Year 0 include the new equipment cost of $100,000, installation cost of $10,000, purchase price of the new building of $300,000, and market research cost of $50,000 (done in the previous year).
Investments in Year 0:
New equipment cost: $100,000
Installation cost: $10,000
Purchase price of new building: $300,000
Market research cost: $50,000
Total investment costs in Year 0:
$100,000 + $10,000 + $300,000 + $50,000 = $460,000
However, since we are calculating the cash flow framework, we need to consider the tax implications and salvage value. The depreciation of $75,000 per year reduces the taxable income, and the tax rate of 21% is applied to the depreciation tax shield.
Tax shield in Year 0:
Depreciation tax shield = Depreciation * Tax rate
= $75,000 * 0.21
= $15,750
Adjusted investment costs in Year 0:
Total investment costs - Tax shield
$460,000 - $15,750 = $444,250
Additionally, we need to consider the salvage value of the equipment. After applying the tax rate of 21%, the salvage value of $50,000 becomes:
After-tax salvage value of equipment = Salvage value * (1 - Tax rate)
= $50,000 * (1 - 0.21)
= $50,000 * 0.79
= $39,500
Finally, we subtract the after-tax salvage value from the adjusted investment costs in Year 0:
Year 0 Investments = Adjusted investment costs - After-tax salvage value
= $444,250 - $39,500
= $404,750
Rounding the answer to the nearest dollar, the dollar amount that should go in Year 0 of the "Investments" section of our cash flow framework is approximately $425,000.
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Describe the role of the entrepreneur in the decision making process.
Outline the following roles of an entrepreneur in economic development:
a) collaborating;
b) providing goods and services to satisfy citizens;
c) creating jobs ; and,
d) contributing to nation building
Answers
The following roles of an entrepreneur in economic development is generally and actually providing goods and services to satisfy citizens Option(b) is correct.
What is Economic Development?In the economics investigation of the public area, economic and social development is the cycle by which the economic prosperity and personal satisfaction of a country, district, neighborhood local area.
The term has been utilized often in the twentieth and 21st hundreds of years, yet the idea has existed in the West for far longer. "Modernization", "Westernization", and particularly "industrialization" are different terms frequently utilized while talking about economic development.
Therefore Option(b) is correct By and large, economic development arrangements zeroed in on industrialization and foundation; since the 1960s, it has progressively centered around neediness decrease.
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PLZ, I NEED THIS ANSWER ASAP CANT MOVE IN WITHOUT IT Dean is taking a personal assessment and notices that many of his interests involve the reading and creation of language arts and poetry. What career cluster will the assessment most likely indicate to be fitting for Dean? Technology Art and Performance Legal Public Service
Answers
Answer:
B -art and performance
Explanation:
Because, his interest were language arts and poetry and no other option even remotely, he resembles a similarity.
At the time of taking the personal assessment, the topics that will be covered by the Dean per their interest will cover the art and performance, which are based on the interests that he pursues. Hence, Option B is correct.
What is personal assessment?
A kind of test that is conducted by a higher authority or a psychologist for measuring the characteristics of a personality is known as the personal assessment. The data that is collected at the end of the test will be evaluated, and on the basis of that, further treatment will be given by the psychologist.
If the personal assessment is done by a higher authority like a dean or a teacher or a professor, then the result that is generated after the assessment will be used as a progress report for the student and would be suggested to practice in the area where there is need of the progress.
Thus, Option B is correct.
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help!!!!! need ASAP!!!
A country that allows the value of its currency to be set by global supply and
demand for that currency has a(n) exchange rate.
A. fixed
B. inflated
c. trade-weighted
D. flexible
Answers
Answer:
D. flexible
Explanation:
An exchange rate set by the market forces is a flexible exchange rate or a floating exchange rate. The demand and supply forces of the currency determine the exchange rate in the Forex market. Since governments are a major stakeholder in a country's exchange rate, it makes some efforts to influence the exchange rate.
If the demand for a currency is high, its value increases, meaning other countries will spend more buying it. When demand is low, its value declines, which makes imports expensive.
Answer:D
Explanation:
why do employers perfer employees with a good work ethic
Answers
Employers prefer employees with a good work ethic because they are reliable, productive, positive, professional, and motivated.
Employers like employees with good work ethics because they contribute to a positive work environment and help them get the job done efficiently and effectively. A good work ethic is characterized by a set of values and behaviors deemed important in the workplace, including: B. Reliability, punctuality, responsibility, dedication and professionalism.
Here are some reasons why employers prefer highly motivated employees:
Reliability: Employers want to know that their employees show up on time, complete tasks on time, and meet their obligations. Engaged employees are dependable and trustworthy, helping build trust between employers and employees.
Productivity: Employees with good work ethics are motivated to do their best and work hard to achieve their goals. This leads to increased productivity and better quality of work, benefiting both employees and employers.
Positive attitude: Employees with high work ethic tend to have a positive attitude and are more likely to be her team's players. They are happy to help their colleagues with additional responsibilities and go the extra mile to make sure their work is done well.
Professionalism: Employees with good work ethics are professional in their relationships with others and help create a positive work environment. maintain
Promotion: Employees with good work ethics are more likely to be recognized for their contributions and may be considered for promotion and other advancement opportunities. This will improve job satisfaction and income over time.
These qualities contribute to a positive work environment and help to ensure that work is completed efficiently and effectively.
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Product enhancements
A) do not really change the basic product.
B) include guarantees and warranties.
C) include features and options
D) reduce the number of target markets one product can satisfy.
Answers
Answer:
C or A
Explanation:
I could answer better with more context
alright, anyone got any chocalate
Answers
Answer:
No, I don't really like chocolate.
Explanation:
Answer:
Yes.
Explanation:
But sadly I can't give them away.
#teamtrees #WAP (Water And Plant)
Which economic system allows for private ownership of property and resources?
Answers
The "Capitalism" is that economic system allows for private ownership of property and resources.
The economic system is the system in which the production, resource, and the distribution of the products or services. The economic system has three types which are command, market and the mixed economic system.
The capitalism is the often the economic system in which for private ownership of property and resources according to their interests, demand and supply freely set the prices in the market or best interest of society.
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If general interest rates increase, the interest income of an open-end bond fund whose sales exceed redemptions will likely
Answers
What is likely to happen if the price of a product goes up?
A.
The supply is likely to increase.
B.
The supply is likely to decrease.
C.
The demand is likely to cause scarcity.
D.
The demand is likely to increase.
Answers
Option B, The demand is likely to cause scarcity. is the correct answer
How are scarcity and the laws of supply and demand connected?
Answers
Answer:
Scarcity and supply and demand are connected because they determine how much the product costs. First of all, scarcity describes supply. If a product is scarce and demand is high, the supplier would raise the costs for the product, but if there is plenty of supply, and low demand, the supplier would decrease the costs.
Sarah’s marketing team was beginning the process of developing a new product to expand their current product line and/or mix. At her very first meeting, she had the team write on the board their objectives within the marketing department, the business unit, and corporation, the characteristics they’d like their new product to have its role within the current marketing offerings, and the target market they would be targeting. This indicates that Sarah and her team were at the ___________ stage of the new product development process.
Answers
Answer: New-product strategy
Explanation:
Based on the information given in the question, Sarah and her team were at the new product strategy stage of the new product development process.
This is a strategy that is used to develop a new product. The strategy helps to answer questions such as who will benefit from the products, the goals of the company and other necessary details.
investment spending includes spending on
Answers
Answer:
Investment spending is spending on goods to produce other goods. Investment spending includes the accumulation of new inventories. It also includes spending by households on new houses. ... Gross investment is the total spending on investment goods.
Explanation:
Have a good day and stay safe!
When the decision-maker prefers a guaranteed payoff value that is smaller than the expected value of the lottery, the decision-maker is a(n) a. risk taker. b. risk avoider. c. optimizer. d. optimist.
Answers
b. risk avoider. The decision-maker is a risk-avoider. They prefer a guaranteed payoff value smaller than the expected value of the lottery.
When a decision-maker chooses a guaranteed payoff value that is smaller than the expected value of the lottery, they are considered a risk avoider. This is because they prioritize a certain, lower payout over the possibility of receiving a higher payout that comes with more uncertainty. Risk avoiders are more concerned with minimizing potential losses and securing a known outcome rather than gambling on the chance of a better outcome. This behavior contrasts with risk takers, who would prefer the lottery with the potential for a higher payoff, optimizers who try to maximize utility or profit, and optimists who assume the best possible outcomes in uncertain situations.
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Yael just turned 18 and has started getting money from her grandmother. For the next decade, payments will come in on a regular basis if she fulfills certain obligations. What is most likely happening?
A. Yael has been named the executor of a trust.
B. Yael is receiving assets from a trust set up by her grandmother.
C. Yael has named her grandmother as a beneficiary of her will.
D. Yael created a trust to give assets to her grandmother.
Answers
The event that most likely to happen with the Yael that had come to an age is that the Yael is receiving assets from a trust set up by her grandmother.
What is trust?A trust is a legal arrangement in which the owner of a right transfer it to another person or entity, who is obligated to keep and use it solely for the benefit of another.
In the given case, Yael just turned 18 and has started getting money from her grandmother, and she is receiving the payments on a regular basis if she fulfills certain obligations.
The situation is best described as the object of trust, as the grandfather passed the asset to Yael with an agreement.
Therefore, option B is correct.
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In the short run, monopolistically competitive industries ________, while in the long run they ________.
Answers
In the short run, monopolistically competitive industries can earn economic profits or losses due to product differentiation and limited competition. In the long run, entry and exit of firms result in normal profits, leading to a state of equilibrium where firms earn zero economic profits.
Monopolies can break even, profit, or lose in the short term. Firms can't enter or leave the market in the short term. If a corporation can effectively differentiate its product and establish a perceived uniqueness, it can generate demand and charge a price above its average cost, resulting in economic profits. If a company doesn't have enough consumers or confronts greater costs, it may lose money.
Monopolies tend to make regular profits over time. Competition can increase or decrease as new or existing enterprises enter or leave the market. This process continues until firms make only normal profits, when average total cost equals average revenue. In the long run, firms in monopolistically competitive industries attain equilibrium by adjusting product differentiation, pricing, and production levels to market conditions.
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if a certain market were a monopoly, then the monopolist would maximize its profit by producing 4,000 units of output. if, instead, that market were a duopoly, then which of the following outcomes would be most likely if the duopolists successfully collude? group of answer choices
Answers
The best alternative is option a. If the duopolists successfully collude, they would likely agree to produce and sell the same quantity of output as the monopolist, which is 4,000 units, in order to maximize their joint profits. This would allow them to behave like a single monopolist and charge a higher price than if they were competing against each other.
If a certain market were a monopoly and the monopolist would maximize its profit by producing 4,000 units of output, then if the market were a duopoly and the duopolists successfully collude, the most likely outcome would be:
The duopolists would collectively produce 4,000 units of output, and they would share the market power and profits similar to a monopolist.
In this case, successful collusion would allow the duopolists to act like a single monopolist, setting production levels and prices to maximize their combined profits. This outcome depends on the duopolists' ability to maintain their agreement and avoid competitive behaviors that could lead to lower prices and reduced profits for both firms.
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if a certain market were a monopoly, then the monopolist would maximize its profit by producing 4,000 units of output. if, instead, that market were a duopoly, then which of the following outcomes would be most likely if the duopolists successfully collude? group of answer choices
a. each Duopolist produce 4000 units
b. each Duopolist produce 1500 units
c. one Duopolist produce 2400 units of output and other 1600 of output
d. one Duopolist produce 3000 units of output and other 1500 of output
Question 1 of 10 If you make a plan to get a certain amount of a project done each day, what skill have you demonstrated? A. Time management B. Punctuality O C. Moral standards D. Integrity
Answers
Answer: A
Explanation: not sure, but i think its correct
Write a short paragraph explaining the difference between the fastest growth and largest growth industries from a numerical perspective. Be sure to address percentage of growth vs. number of jobs.
Answers
Answer:
The table below lists the fastest growth industries based on projection information for the year 2018. Selecting a career that is growing rapidly is a good idea. These industries are obviously expected to remain strong, and jobs within these industries will be in demand. Each of the twenty industries included in this table are rapid-growth industries. This is not an all-inclusive list of rapidly growing industries; it is merely the top twenty. The list is organized by annual percentage of growth projected and not in order by the industry that is expected to employ the largest number of people. As you look at the data, do you notice several of the industries fit into the Health Science, Information Technology, and Science, Technology, Engineering & Mathematics Career Clusters?
If this isn't the answer to your question i'm sorry I tried my best
Answer:
Choosing a career that is rapidly growing is a good idea because these industries are expected to continue to grow and stay at the top. The largest growth industry will increase a little then decrease by a lot. It starts off with 1,009,000 then grows to 1,850,000 the in between difference is around 855,000.
Explanation:
Philosophers who have been studying entrepreneurs found that successful entrepreneurs all over the world have some characteristics in common. True or False
Answers
Answer:
TRUE
Explanation:
Answer:
True
Explanation:
It doesn't matter where they are; they are all doing the same thing and therefore have at least some similar characteristics to one another.
Which selection chart would you use to short-list suitable materials for each of the following? [2 marks] Suspension bridge Springboard for pool diving Aircraft landing gear Fuselage in a pressurised
Answers
Following are the selection charts used:
For a suspension bridge, you would use a selection chart that evaluates materials based on their strength, durability, and flexibility.Materials that are strong and can withstand tension and compression forces would be suitable for a suspension bridge. Examples of materials that could be used for a suspension bridge include steel, concrete, and composite materials.
For a springboard for pool diving you would use a selection chart that evaluates materials based on their elasticity, stiffness, and durability.Materials that are elastic and can store and release energy quickly would be suitable for a springboard. Examples of materials that could be used for a springboard include fiberglass, carbon fiber, and aluminum.
For aircraft landing gear, you would use a selection chart that evaluates materials based on their strength, fatigue resistance, and toughness.Materials that are strong and can withstand high loads and impacts would be suitable for landing gear. Examples of materials that could be used for landing gear include steel, titanium, and aluminum alloys.
For the fuselage in a pressurized aircraft, you would use a selection chart that evaluates materials based on their strength, stiffness, and resistance to fatigue and corrosion.Materials that are strong, lightweight, and can withstand high stresses and pressures would be suitable for a pressurized fuselage. Examples of materials that could be used for a pressurized fuselage include aluminum alloys, titanium alloys, and composite materials.
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Banks make most of their profit by taking in deposits from individuals, lending that money to
others, and charging interest on the loans.
Truth or False
Answers
Answer:
Truth
Explanation:
A commercial bank's core business is to sell credit. They accept customer's deposits at low interest. The banks retain only a modest percentage of the deposits to cater for withdrawals. A significant portion of the deposits is used to extend loans to other customers at a higher interest rate.
The difference in the interest rate the banks offer for deposits and the interest it charges for loans(spread) constitutes profits for the banks. The bigger the spread, and the more it lends out, the more profits a bank makes.
State two ways by which hotels may promote sales during the off season
Answers
Answer:
Use off-season imagery on your website. ...Create content dedicated to the off-season. ...Build content around weddings, meetings, sporting events. ...Update your ad copy with off-season friendly verbiage. ...Create campaigns that market off-season amenities...Explanation:
Hope it helps u
FOLLOW MY ACCOUNT PLS PLSBy making small purchases and paying the ______________ amount each month, a potential borrower shows a lender how they use credit wisely.
entire
minimum payment
late fee
interest
Answers
Answer:
entire
Explanation:
Lenders will always check a borrower's credit history before advancing credit to them. The lenders' main interest is to assess the risk involved in extending credit to a customer. A borrower with a history of late payments and defaulting on loans is considered high- risk and unsuitable for credit facilities.
Lenders prefer clients who are quick in debt repayments. They consider them a low-risk customer and highly unlikely to default on loans. Such customers will always have a low debt-to-income ratio.
Aliyah is preparing to expand her it consulting company. the current market rate for it professionals is $58,000 per year. each employee she hires will also require a computer and equipment that costs $6,000 per employee annually. hiring more employees means that aliyah can provide consulting services to more clients each year. each client aliyah has will pay her $10,000 per year. The number of clients Aliyah can take on is dependent on the number of workers she hires and is depicted in the accompanying table.Use this information to calculate the marginal cost and the marginal benefit of hiring each worker.Number of workers Clients per year0 01 112 203 274 32a. The first worker's marginal cost is $__________.b. The first worker's marginal benefit is $__________.c. The second worker's marginal cost is $__________.d. The second worker's marginal benefit is $__________.
Answers
a. The first worker's marginal cost is $64,000.
b. The first worker's marginal benefit is $10,000.
c. The second worker's marginal cost is $64,000.
d. The second worker's marginal benefit is $8,000.
Marginal cost and marginal benefit are calculated by comparing the change in costs and benefits as a result of hiring one additional worker. In this case, the costs of hiring additional workers do not change as the cost of equipment and salary is constant.
Also, the marginal benefit decrease as the number of worker increase as the marginal benefit is the additional revenue from one additional client which decrease as the number of worker increase.
The first and second worker's marginal cost is
salary + equipment costs = $58,000 + $6,000 = $64,000.
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why do business need funding
Answers
Helpp!!!
What type of Economy do we have in the United States?
A. Market
В.Mixed
C.Command
D. Traditional
Answers
Answer:
mixed
the us economy has a mixed economy
Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
Answers
It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
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U.S. Bureau of Labor Statistics
PLZZZZ HELLLPP
Which conclusion is accurately reflected in the data table? (10 points)
O As your level of education increases, your income potential decreases.
O As your level of education decreases, your income potential increases.
As your level of education decreases, your income potential remains the same.
o As your level of education increases, your income potential also increases.
Answers
Answer:
As your level of education increases, your income potential also increases.
Explanation:
As per the graph, the highest earners are holders of a doctoral degree, professional degrees, and master degrees. These are highly educated individuals.
At the bottom end, the lowest earners are those with high school diplomas and below.
The graphs clearly illustrate that acquiring a high level of education increases the probability of increased earning.
Why would the U.S. Federal Reserve Chairman content that changes in monetary policy may have less of a positive impact than would fiscal policy changes on individuals and small businesses?
Answers
Answer:
i need help tooooooooooooo