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erastova [34]
3 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]3 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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An investor purchases a stock for $38 and a put for $.50 with a strike price of $35. The investor sells a call for $.50 with a s
Nuetrik [128]

Answer: $2

Explanation:

From the question, we are informed that an investor purchases a stock for $38 and a put for $.50 with a strike price of $35 and that the investor sells a call for $.50 with a strike price of $40.

The maximum profit for this position will be the purchase price of the stock deducted from the strike price of call option. This will be:

= $40 - $38

= $2

7 0
3 years ago
A perfectly competitive market has a. only one seller. b. at least a few sellers. c. many buyers and sellers. d. firms that set
Natali [406]

Answer:

c. many buyers and sellers.

Explanation:

A perfect market for competition is a market that has a high level of competition.

It has the following features -  

1. With regard to the market, knowledge is great in this rivalry between producer and consumer.

2. Free entry, and exit  

3. Deals with same or homogeneous products  

4. The sellers and buyers are more in this market  

5 0
3 years ago
The Brown family's dinner bill was 75 89 and they lert 1000 as a tip. What percent was the tip?
postnew [5]

Answer:

Percentage of tip = 13.18% (Approx.)

Explanation:

Given:

Total amount of dinner bill = 7,589

Amount of tip = 1,000

Find:

Percentage of tip

Computation:

Percentage of tip = [Amount of tip / Total amount of dinner bill]100

Percentage of tip = [1,000 / 7,589]100

Percentage of tip = [1,000 / 7,589]100

Percentage of tip = [0.131769]100

Percentage of tip = 13.1769

Percentage of tip = 13.18% (Approx.)

6 0
3 years ago
__________refers to an organization's ability to strategically address current business needs and successfully develop a long-te
sdas [7]

Answer:

Sustainability

Explanation:

Sustainability can simply be defined as the meeting of present needs while also making room to meet future needs as well. On another hand, sustainability can be defined as the provision of current needs without jeopardizing provision for future needs.

Sustainability aims to look at the provision or meeting of needs or obligations at present and future times, making sure that none affects the other.

Sustainability is important in any business as it the key to any business standing the test of time and becoming reputable. Also, sustainability heps a business to attract employees and customers alike, it improves the business reputation as well as maintain the joy of shareholders among  other things.

Cheers

5 0
4 years ago
Read 2 more answers
The production of women's apparel is segmented in several categories (i.e. bridal, activewear, etc.), please list at least 3 cat
Elina [12.6K]

<u>Answer</u>:

<u>The categories includes</u>

  • <u>Dresses,</u>
  • <u>Jeans,</u>
  • <u>Skirts</u>

Explanation:

Noteworthy, is the fact that the most common advertising and promotional activities in the marketing of women's apparel involves the use of fashion models.

models are trained fashion experts who represent fashion brands, they showcase how these dresses, jeans and skirts will look on women's body through their own bodies.

5 0
4 years ago
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