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erastova [34]
2 years ago
14

Ironwood bank is offering a 30 ​-year mortgage with an APR of 6.00 % based on monthly compounding. if you plan to borrow $ 160,0

00 ​, what will be your monthly​ payment?
Business
1 answer:
olga_2 [115]2 years ago
4 0

$160000 x 1.06 = $169600

$169600 - 160000 = $ 9600 per year

$9600 / 12 = $ 800 per month

160000 / 360 month = $ 444.44 per month

800 + 444.44 = $ 1244.44 monthly peyment

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Agassi Corporation sells products for $90 each that have variable costs of $60 per unit. Agassi’s annual fixed cost is $450,000.
Fittoniya [83]

Answer:

Break even point in unit will be 15000

And in dolor it will be $1350000

Explanation:

We have given selling price for each product = $90

Variable cost = $60 per unit

Contribution margin = $90 - $60 = $30 per unit

Fixed cost = $450000

We have to find the break even point

We know that break even point is given by

Break even point =\frac{fixed\ cost}{contribution\ margin}=\frac{450000}{30}=15000unit

Break even point in dolor = $90×15000 = $1350000

4 0
3 years ago
Hot and Cold Corp. makes disposable coffee and soft drink cups for use in fast-food restaurants, hospitals, convenience stores,
schepotkina [342]

Answer:

Star in BCG matrix

Explanation:

BCG matrix is a system that helps the organization to decide on product sales, investment, etc. In BCG matrix, the product is divided into four types: dog, cash cows, stars and question marks.  

stars - it is the type of product that makes high market share and growth. These produced large income but also require high investment

7 0
3 years ago
Now that you know about the different types of bank accounts, relate this information to your chosen career path. Write a paragr
Vesna [10]

Answer:

I pay for my expenses using either my debit card or cash that I withdraw from the ATM. It is very rare that I write a check to pay for my purchases. If there is an emergency situation, I withdraw money from one of my certificates of deposit.

I want to be a physicist, and I plan to earn a graduate degree in physics from Harvard University. I don’t have enough money saved up to pay for my tuition, even though I have two certificates of deposit accounts and one savings account. This means that I will probably have to take a student loan from my bank. However, I do have sufficient money in my checking account to pay for my daily expenses.

A bounced check is a check that a person has written but cannot pay for due to insufficient funds. For example, a person might send a check for a credit card bill but the person’s bank account may not have sufficient balance to pay this amount. To avoid check bouncing, I’ll always try and remember a rough figure of the money in my account. Additionally, wherever possible, I will pay my bill either in cash or by debit card.

Explanation:

PLATO sample answer

5 0
2 years ago
Read 2 more answers
Sprout has created a unique market offering by integrating its programs with both children and parents. This unique offering tha
FrozenT [24]

Answer: Differentiating

Explanation:

Sprout company as described in the question are making use of product differentiation to ensure parents and children consumption needs are met. Product differentiation in marketing occurs when a company distinguishes their products to meet the needs of the different types of consumer groups available in their target market.

8 0
3 years ago
Companies address needs by putting forth a ________, a set of benefits that they offer to customers to satisfy their needs.
Dovator [93]

Answer:

value proposition

Explanation:

A value proposition refers to the guarantee of meaning that needs to be provided, shared, and remembered. It is a customer trust in how quality (advantage) is always to be provided, perceived, and gained. A value proposition might refer to an entity as a whole, or sections of it, or account holders, or products.

Another aspect of the corporate strategy is to build a value proposition. This Model is depcited on a distinct consumer value proposition," Kaplan and Norton claim. "Customer satisfaction is the foundation of stable wealth creation."

4 0
3 years ago
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