1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
BartSMP [9]
3 years ago
7

Bradley Corporation executes a 15-year $200,000 mortgage in conjunction with the acquisition of an office building. This mortgag

e is payable in monthly installments and the annual interest rate is 12%. Over the life of the mortgage, the total amount that will be paid for interest is closest to?
Business
1 answer:
natali 33 [55]3 years ago
3 0

Answer:

$1,013.37Explanation:

Original or expected balance for your mortgage. Taxpayers can deduct the interest paid on first and second mortgages up to $1,000,000 in mortgage debt (the limit is $500,000 if married and filing separately). Any interest paid on first or second mortgages over this amount is not tax deductible. Home equity loans are limited to $100,000 or the amount of equity you have in your home. Our calculator limits your interest deduction to the interest payment that would be paid on a $1,000,000 mortgage.The number of years over which you will repay this loan. The most common mortgage terms are 15 years and 30 years.

You might be interested in
Vertical cooperative advertising is usually legal, except when: unquantifiable emotional appeals are involved. a representation,
mixas84 [53]

Vertical cooperative advertising is usually legal, except when bogus advertising allowances are given in the form of hidden price concessions.

3 0
3 years ago
Consider the following limit-order book for a share of stock. The last trade in the stock occurred at a price of $52. Limit Buy
nekit [7.7K]

Answer:

$52.25

Explanation:

From the question given, thus saying if a market buy order for 100 shares comes in, at what price will it be filled.

(a) The price it will be filled is at  $52.25

The Reason is that,the buy-market order will be filled at the price $52.25, the best value price of the sell limit orders in the book.

8 0
4 years ago
1. You’ve been hired by Nielsen Company to study the market for potatoes. Demand in the potato market is characterized by the de
icang [17]

Answer:

P = MR = 1

Explanation:

The demand function is q = 25 - 12p.

The  total income is the price of potatoes multiplied by the quantities of potato --> P * Q

p*q = p*(25-12p)

p*q = 25p - 12p^2

the first derivative of the previous equation is the marginal revenue. In perfect competition the Price = Marginal revenue.

First derivative of total income ---> 25-24p

And MR = P

25-24p=p

25=25p

<h2>p=1</h2>

8 0
3 years ago
The modified accelerated cost recovery system (MACRS):Multiple ChoiceIs required for financial reporting.Does not allow partial
fredd [130]

Answer:

Therefore, the modified accelerated cost recovery system (MACRS): is included in the U.S. federal income tax rule for depreciating assets.

Explanation:

The U.S. federal income tax rules for depreciating assets is the modified accelerated cost recovery system (MACRS). It is the current system allowed in the nation of the United States for tax computation deductions on account of depreciation for depreciable assets (other than intangible assets).

Therefore, the modified accelerated cost recovery system (MACRS): is included in the U.S. federal income tax rule for depreciating assets.

6 0
4 years ago
A firm is considering expanding its current operations and has estimated the internal rate of return on that expansion to be 12.
andrew-mc [135]

Answer:

expansion should be undertaken as it has a positive net present value

7 0
3 years ago
Other questions:
  • EB1.
    13·1 answer
  • Henri, who runs a French restaurant, wants his diners to have an authentic culinary experience. Thus, he wants to recruit qualif
    15·1 answer
  • Tgif. chris and terry have been trying to live within their budget but miss going out to dinner on friday nights. they decide no
    6·1 answer
  • On January 1, 20X1, Tucker Company leases equipment from Franz Inc. over three years of the equipment's five-year estimated usef
    7·1 answer
  • What is the Consumer Price Index (CPI) and how is it determined each month? How does the Bureau of Labor Statistics (BLS) calcul
    9·1 answer
  • What happens if you pay off an installment loan early?
    14·2 answers
  • Sandra Robinson is saving to buy a house in five years. She plans to put 20 percent down at that time, and she believes that she
    10·1 answer
  • Suppose the given supply and demand tables reflect the supply and demand for milk per week. At a price of $1, there is a:Price(p
    15·1 answer
  • Which of the following statements is incorrect regarding the process of building a company's brand, particularly for young firms
    14·1 answer
  • I Will give brain if u give one to me
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!