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guapka [62]
1 year ago
9

Does a monthly fixed-rate mortgage payment change?

Business
1 answer:
Semenov [28]1 year ago
6 0

A fixed-rate mortgage's great benefit would be that your monthly payment won't change throughout the duration of the loan. The principal and interest, which make up a portion, won't alter.

What is a mortgage and how does it take a job?

When you get a mortgage, your lender will give you a certain amount of money to buy the house. You agree to pay interest while repaying the loan over a period of years.

What salary is used to cover the mortgage?

The 28% rule states that your mortgage payment ought to be 28% less than of your gross monthly income. To figure how much you can spend using this strategy, multiply your monthly total pay by 28%.

To know more about Mortgage visit:

brainly.com/question/8084409

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Your business is launching a new product offering and plans to send an email notifying your customers of the launch. since your
aniked [119]
The simplest thing to do is to categorise your customers by their industries and send specified emails to a cluster of customers from each industry.  
4 0
3 years ago
If they spend all night writing computer programs, Laurence can write 10 programs, and Carrie Anne can write 5. If they spend al
nikitadnepr [17]

Answer:

B. Laurence; both programs and sunglasses

Explanation:

A person has absolute advantage in the production of a good or service If he produces more quantity of the good when compared to other people.

Lawrence produces more quantities of both programs and sunglasses (10,6) when compared with Carrie Anne (5,4)

I hope my answer helps you

7 0
4 years ago
Deposits of commercial banks at the federal reserve bank are called?
artcher [175]

Deposits of commercial banks at the federal reserve bank are called federal funds.

A bank is a financial institution that accepts deposits from the public and makes loans while depositing demand deposits. Loans can be made directly by banks or indirectly through the capital markets.

Banks do many things, but their main job is to take money, called deposits, from people who have money, pool it, and lend it to people who need it. A bank is an intermediary between depositors (who lend money to the bank) and borrowers (who the bank lends money to).

Banks, institutions dealing in money and its substitutes and providing other money-related services. In their function as financial intermediaries, banks accept deposits and authorize loans.

Learn more about bank here:brainly.com/question/14368059

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6 0
2 years ago
Chapman Machine Shop is considering a 4-year project to improve its production efficiency. Buying a new machine press for $576,0
DIA [1.3K]

Answer:

The Firm should not Buy and Install the press as it delivers a negative NPV of -$24,924 at 11% discount rate over its 4 year operations

Explanation:

The General rule is to appraise the investment based on various appraisal techniques.

A technique that should be considered must have special focus on the time value of money, the required rate of returns expected by the firm and other Cashflow considerations.

The Net Present Value (NPV) approach will be the best method to proceed with.

The NPV approach typically falls under the following decision tree:

a. If NPV is negative (Reject the proposal)

b. If NPV is positive (Accept if it's a singular project, Accept the highest positive NPV if it's for mutually exclusive Projects)

c. If Zero (this is the breakeven line at which the Project covers all its cost but does not return a profit.) Also referred to as the IRR

Kindly refer to the attached for detailed workings

6 0
3 years ago
The following price quotations are for exchange-listed options on Primo Corporation common stock.
MrRissso [65]

Answer:

$729

Explanation:

The computation of the one call option is shown below:

= Call option price × number of shares

= $7.29 × 100 shares

= $729

Simply we multiplied with the call option price with the number of shares so that the one call option could be calculated as we have to find out the one call option price

All other information which is given is not relevant. Hence, ignored it

7 0
3 years ago
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