Cassidy's approximate monthly payment stands at $1420. if Cassidy lives planning to obtain a loan from her bank for $210,000 for a new home.
<h3>What is the payment monthly?</h3>
The monthly payment is the quantity paid per month to pay off the loan in the time period of the loan. When a loan is taken out it isn't only the top amount, or the original payment loaned out, that needs to be repaid, but also the good that accumulates.
<h3>What is a loan amortization schedule?</h3>
It is described as the systematic method of representing loan payments according to the time in which the principal amount and interest exist mentioned in a list manner
It is given that:
- Cassidy lives planning to obtain a loan from her bank for $210,000 for a new home.
- A fixed annual interest rate of 2.7% compounded monthly for 15 years.
The formula is:
Plug all the values in the above formula:
$1420.
Hence,
Cassidy's approximate monthly payment stands at $1420.
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Answer:
the total overhead cost is $1,560
Explanation:
The computation of the total overhead cost for product X is given below:
Setup cost = 40,000 ÷ 200 × 4 = 800
Ordering cost = 20,000 ÷ 1,000 × 8 = 160
Maintenance cost = 50,000 ÷ 5,000 × 50 = 500
Power = 10,000 ÷ 10,000 × 100 = 100
Hence, the total overhead cost is $1,560
Answer:
allows accurate predictions.
Explanation:
The law of large numbers states that the larger the amount of policy holders, the probability distribution of the number of claims (losses for the insurance company) will be shaped like a normal distribution. This allows the companies to make more accurate predictions about the future number of claims.
In statistics, the law of large numbers states that as the sample size increases, the mean will be much closer to the real mean of the total population.
Answer:
a. You would expect the yields to rise due to increased default risk.
c. You would expect the yields to rise to compensate investors for the loss of the tax-exempt status.
Explanation:
The foreign government is threatened with bankruptcy which means that the government might be unable to pay their bond obligations. This means that the risk of default has now increased and so yields will rise as a result of this.
Tax exempt bonds like Municipal bonds generally have lower yields because of their tax savings. If the Government was to impose taxes on previously tax exempt bonds, people would be getting less and so would have to be compensated for this loss by increased yields.
<u>Full question:</u>
Walmart is known for its efficient logistical systems. Every time consumers buy something, that purchase is recorded and sent to company headquarters, where it is used to generate reorders to vendors. In addition, customers' billions of purchases are analyzed to uncover patterns of consumers' purchasing behavior. This is an example of _________________.
A.Data isolation
B. Data mining
C. Secondary data collection
<u>Answer:</u>
This is an example of Data mining
<u>Explanation:</u>
Data mining is the manner of detecting exceptions, models, and relationships inside massive data sets to prognosticate consequences. By utilizing software to watch for models in huge quantities of data, businesses can acquire more on their consumers to produce more powerful marketing tactics, improve sales and reduce costs.
Learn what is appropriate and then execute good effectiveness of that erudition to evaluate likely outcomes. Data mining can be practiced by organizations for everything from acquiring what consumers are engrossed in.
