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Anvisha [2.4K]
4 years ago
12

You have taken out a $350,000, 3/1 ARM. The initial rate of 6.0% (annual) is locked in for 3 years. Calculate the outstanding ba

lance on the loan after 3 years. The interest rate after the initial lock period is 6.5%. (Note: the term on this 3/1 ARM is 30 years)
Business
1 answer:
Vilka [71]4 years ago
5 0

Answer:

Explanation:

  • The Monthly Payment = Loan Amount / PVAF (360,0.50%)

  • The Monthly Payment = 350000 / 166.7916

  • The Monthly Payment = $2098.43

  • Loan Balance after 3 years = PV(0.50%,324,-2098.43) = $336294.2

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Caliana manages the warehouse for United Processors Inc. At the beginning of each year, she determines the department goals for
defon

Answer: (2) Planning

Explanation:

 The planning is one of the type of management function that helps in managing the function of an organization for achieving the desirable goals in an organization.

The main objective of the planning is that it helps in altering the pattern of the resources and also maintain the plans for achieving the desired results.

According to the given question, Caliana is managing the warehouse for the united processors Inc. and she performing the planning management function for fulfill the desirable goals.

  Therefore, Option (2) is correct answer.

8 0
3 years ago
Today, sandra will present a report to her class on the top ten income-producing countries in the world. most of the countries t
Radda [10]

<span>The world’s richest countries are mostly found in Europe. Therefore Sandra will be presenting most of the countries located in <u>“Europe”</u>.</span>

<span>One possible factor why Europe is so rich is because of the numerous wars it encountered.  Aside from the wealth obtained in the conquest, wars also lead to advancement in technology. </span>

3 0
3 years ago
Suppose you are a leader responsible for an organization’s vision/mission statements. How often do you think they should be chan
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Explanation:

Vision and mission statements are extremely important for a company to convey its core values ​​to its employees, suppliers and customers. They help communicate the company's identity and provide direction and set goals that are fundamental to organizational success. They are considered the basis of an organization, <u>so it is not recommended that changes in vision and mission are frequent</u>, the reasons that justify the change <u>would be the change of the organizational focus and the evolution of the organizational objectives and expansion of the target audience.</u>

8 0
3 years ago
In a free-market system, producers are most strongly driven by which of the
Molodets [167]

Answer:

The correct answer is (B)

Explanation:

Producers are influenced by the benefits and profits they hope to pick up from the products or administrations in a free market economy. The idea of producers is to create goods and services and sell them at maximum profits because they feel consumer will buy their products because they need them. A profit motive is generally beneficial to the overall economy of the country. It is expected to give a motivating force to create productivity and development.

3 0
3 years ago
What is 2×78 please help​
Anvisha [2.4K]

Answer:

156

Explanation:

78

× 2

multiply the 2 by 8 first

then multiply the 7 by 2

3 0
3 years ago
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