Answer:
$1,839.45
Explanation:
PV = P * [1-(1+r)^-n / r]
n = 30*12=360 months, r = 6.37%/12 = 0.5308% (monthly)
295,000 = P*[1 - (1+0.005308)^-360 / 0.005308}
295,000 = P * $160.3739
P = $295,000 / $160.3739
P = $1,839.45
So, the monthly mortgage payments is $1,839.45.
Answer:
Letter a is correct. <u>Health care.</u>
Explanation:
When looking for a job vacancy in the market, a potential candidate is always looking for companies with a high reputation in the market and that offer good benefits to the worker.
A benefit most sought after by most people is health care.
It is therefore noteworthy that this option is the most appropriate to answer the question, as the companies that offer this benefit consequently attract the best and most qualified professionals in the market.
Answer:
Price of share at end of year 6 = $43.94
Explanation:
Provided information we have,
Current dividend = $1
Growth rate for 6 years = 20%
Dividend at end of year 6 = $1
Future value factor of $1 @ 20% for 6 years = $1
2.985984 = $2.986 rounded off
After this dividend is supposed to grow at 3% thus Dividend at end of year 7 = $2.986 + 3% = $3.076
Therefore, using dividend growth model we have,

Where P6 = price at end of period 6 = to be calculated
D7 = Dividend paid at end of year 7 = $3.076
Ke = Required rate of return = 10%
g = constant growth rate = 3%
Thus, 
P6 = $43.94
Thus, price of share at end of year 6 = $43.94
The Federal Reserve decreases the supply of money to slow the economy. This means interest rates would increase while investing and borrowing would decrease.
Blue Ice Inc. is an American corporation. The company started out as a <u>Partnership </u>between Nick Selver and Rita Andrew in 1985. In 2001, the <u>partners </u>decided to <u>incorporate </u>their company so they could sell company stock on the<u> Stock Market</u>. Blue Ice raised $10 billion with its IPO. It was one of the biggest IPOs of 2001.
<h3>What is
partnership?</h3>
Partnership is a form of business carried out by two or more parties or people in which both parties involve in the partnership business must agreed to the terms and condition of the partnership and must as well share their profit equally.
Hence, Blue Ice Inc. is an American corporation. The company started out as a <u>Partnership </u>between Nick Selver and Rita Andrew in 1985. In 2001, the <u>partners </u>decided to <u>incorporate </u>their company so they could sell company stock on the<u> Stock Market</u>. Blue Ice raised $10 billion with its IPO. It was one of the biggest IPOs of 2001.
Learn more about partnership here:brainly.com/question/14034519
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