Answer:
the balloon payment after 300 months is $1,205,266.38
Explanation:
In order to pay the loan completely after 300 months, your monthly payment should be $1,948.75. Since you can only pay $800 per month, the loan's balance after 300 payments will be $1,205,266.38. This is irrational since you will end up owing 4 times the initial amount. You will never even be close to paying even the interest expense, so the principal increases every month.
I prepared an amortization schedule using an excel spreadsheet
The practice of transferring portions of production and service activities to lower-cost, often overseas locations is known as OUTSOURCING.
Outsourcing: Outsourcing is the process of contracting a third party from outside a business to carry out tasks or produce commodities that were previously done internally by the business's own staff and employees. Companies typically engage in outsourcing as a means of reducing costs.
Benefits of Outsourcing:
1) Lower prices (due to economies of scale or lower labor rates)
2) More effectiveness.
3) Fluctuating capacity
4) Heightened attention to strategy and key skills.
5) Access to knowledge or assets.
6) Improved adaptability to evolving commercial and corporate environments.
7) Shortened time to market.
The practice of transferring portions of production and service activities to lower-cost, often overseas locations is known as OUTSOURCING.
To learn more about Outsourcing, visit the following link:
brainly.com/question/12101789
#SPJ4
Answer:
The interest revenue is $ 300+$315.62+$887.67+$4500= $ 6003.29
Explanation:
Note 1 : Interest Revenue = $ 30,000 * 4% *3/12= $ 300
Note 2 : Interest Revenue= $ 16,000 * 8 % *90/365= $ 315.62
Note 3: Interest Revenue= $ 18,000 * 10% *180/365= $ 887.67
Note 4: Interest Revenue= $ 150,000 * 12% *6/12= $ 4500
Answer:
2 nd year ( FORM 2)
Explanation:
PLEASE MARK ME AS BRAINLIEST AND DO FOLLOW ME.
❤✌ITZ AAROHI ❤✌
LOVE YOU
According to the given scenario, Miranda has discovered that her new business will definitely be successful. Thus, option first is correct.
<h3>What is Business?</h3>
A business is an organization or enterprising body that engages in commercial, industrial, or professional activities. Businesses can be nonprofit organizations or for-profit enterprises.
Among the various business structures are partnerships, corporations, limited liability companies, and sole proprietorship.
According to the above situation, Miranda has learned that the future of her new company is bright as he has taken certain important steps in order to grow her business.
Therefore, it can be concluded that first is correct.
Learn more about business here:
brainly.com/question/15826604
#SPJ1
