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jolli1 [7]
2 years ago
6

1 2 3 4 5 6 7 8 9 10 since they filed bankruptcy in the past, a couple ends up paying a 12% fixed rate for a 30 year mortgage. w

ith a better credit rating, they could have gotten the loan at a rate of 8%. if their loan amount is $140,000, how much more per month will the couple be paying for their mortgage as a result of their bankruptcy? a. $137,532.67 b. $412.79 c. $1,440.06 d. $260.37 please select the best answer from the choices provided a b c d mark this and return
Business
1 answer:
aliina [53]2 years ago
7 0

1 2 3 4 5 6 7 8 9 10 since they filed bankruptcy in the past, a couple ends up paying a 12% fixed rate for a 30-year mortgage. with a better credit rating, they could have gotten the loan at a rate of 8%. if their loan amount is $140,000, how much more per month will the couple be paying for their mortgage as a result of their bankruptcy is $412.79.

<h3>What do you mean by bankruptcy?</h3>
  • By selling assets to pay debts or by coming up with a repayment plan, bankruptcy enables those who are unable to pay their bills to start over.
  • Businesses in financial distress are also protected by bankruptcy rules.
  • The legislation and bankruptcy process are explained in this section.
<h3>what is a loan?</h3>
  • A loan is the lending of money by one or more people, businesses, or other entities to other people, businesses, or other entities.
  • The recipient, or borrower, incurs a debt and is often responsible for both the main amount borrowed as well as interest payments on the debt until it is repaid.
  • The promissory note used to prove the obligation will typically include information like the principal amount borrowed, the interest rate the lender is charging, and the due date for repayment.

Learn more about bankruptcy here:

brainly.com/question/1142634

#SPJ4

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The correct answer is total revenue; total cost.

Explanation:

Cost reduction is one of the most addressed issues in companies. They do it all the time since it is a permanent process. This is because it always seeks to improve the profitability of the company and, consequently, productivity. In other words, try to "do more with less", which is to produce more with what you have or produce the same with lower expenses. In both cases the objective is to reduce costs.

A company can reduce costs for many reasons: for a drop in sales, for lack of liquidity, for not having access to credit, etc. And when this happens, the cost cut occurs in the areas of human resources with the dismissal of personnel, the restructuring of the purchase processes, changes of suppliers, among other measures.

It is important to know what the current production process is and, if possible, redesign it, seeking to eliminate unnecessary steps, that is, to shorten the production processes. A long production line implies a greater number of workers, more work in the process and more time in product development. It also increases the possibility of errors in the process.

To make the cost reduction in your company even more efficient, you need to know each process deeply to detect unnecessary steps and help you reduce processes and / or procedures that in the medium or long term translate into cost reduction.

8 0
3 years ago
Both Justin and Craig are business majors and live in the same dorm, but Justin's room looks like a Cabela's showroom, with fish
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The correct answer is D

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Lifestyle is stated or expressed in both leisure and work behavior patterns and in the values, activities, opinions, attitudes, interest and allocation of income. It also states the self image of the person.

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So, in this case, the different in the lifestyle among Craig and Justin.

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4 years ago
During a recession, what is one way governments try to encourage growth? by increasing unemployment benefits by stopping governm
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During a recession, a number of unemployment will rapidly increased ( almost a third of citizen could be jobless). In order to handle this, government could increase unemployment benefit so the unemployed people have enough to scrapped by until the recession is over or started a new business.
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The correct answer is d. c-chart.

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C-charts are used to control the number of defects in a sample of the product or inspection unit. Then, to control this process, an inspector is placed at the end of the production line and every hour removes an inspection unit (in this case a cell phone), verifies and records the total number of defects.

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