All categories

4 years ago

What is the difference between a good and a service?

Business

1 answer:

agasfer [191]4 years ago

5 0

Good is when you want to help people by doing it service is your job to help people

You might be interested in

Jim has an annual income of $180,000. Jim is looking to buy a house with monthly property taxes of $140 and monthly homeowners i

MariettaO [177]

Answer:

$787,471.02

Explanation:

Given:

Jim's annual income = $180,000

Monthly property taxes = $140

Monthly homeowners insurance = $70

Monthly student loan payments = $178

Maximum front end DTI limit = 28%

Maximum back end DTI limit = 36%

Amortizing period = 30 years = 360 months

annual rate = 4.5% compounded monthly

Now,

Monthly salary = $\frac{\textup{Annual income}}{\textup{12 months}}$

Monthly salary = $\frac{\textup{180,000}}{\textup{12 months}}$

Monthly salary = $15,000

Maximum front end DTI limit

= (Maximum Monthly loan payment + monthly property taxes + monthly homeowner's insurance) ÷ Monthly income

0.28 × $15,000 = Maximum Monthly loan payment + $140 + $70

Maximum Monthly loan payment = $4,200 - $140 - $70

= $3,990

and,

Maximum back end DTI limit =

0.36 × $15,000 = Maximum Monthly loan payment + $140 + $70 + $178

Maximum Monthly loan payment = $5,400 - $140 - $70 - $178

= $5,012

Now,

The monthly payment = minimum of [ $3990, $5012 ]

therefore,

The monthly payment = $3,990

Thus,

The maximum amount of loan = Monthly payment × $[\frac{(1-(1+\frac{r}{k})^{-kn})}{(\frac{r}{k})}]$

here,

k = 12 when compounded monthly

n = 30 years

r = 4.5% = 0.045

The maximum amount of loan = $3,990 × $[\frac{(1-(1+\frac{0.045}{12})^{-12\times30})}{(\frac{0.045}{12})}]$

The maximum amount of loan = $787,471.02

8 0

3 years ago

What is a project constraint

SSSSS [86.1K]

Answer:

A project constrait is like a limitation or risk in a project. For example, a time constrait. It is a limitation of a project because you have a specific time to finish it. Or any other cons in a project.

Explanation:

7 0

4 years ago

Read 2 more answers

Which of the following is true of tangible costs? a. They are difficult to quantify. b. They cannot be calculated in monetary te

ziro4ka [17]

Answer:

d. They can be easily measured.

Explanation:

The tangible cost is the cost i.e. incurred for the tangible things like employees ways, repair expense, purchase of fixed assets, etc

It can be measured and quantified in easily manner

Therefore as per the given options, the last one is correct as it defines the tangible cost and the rest of the options defines the intangible cost

8 0

3 years ago

The salesperson's objective is to begin converting a prospect into a customer by creating a desire for the product or service du

Ne4ueva [31]

Answer: Presentation.

Explanation:

The presentation stage is the stage after the approach stage of personal sales, where the marketer introduces a product to a potential buyer and tries to sell the product by listing out the qualities of that product to the buyer.

5 0

3 years ago

If $13,300 is invested at 3.7% interest compounded semi-annually, how much will the investment be worth in 18 years?. . A.$25,73

Alla [95]

Principal (P) = $13300
Rate of interest (r) = 3.7%
Number of times compounded in a year (n) = 2
Number of years (t) = 18 years
Then
Amount = P(1 + r/n)^nt
= 13300[1 + (0.037/2)]^36
= 13300[1 + 0.0185]^36
= 13300(1.0185)^36
= 13300 * <span>1.9346
= 25730.54 dollars
From the above deduction, it can be concluded that the correct option among all the options that are given in the question is the third option or option "C".</span>

7 0

3 years ago

Read 2 more answers