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3 years ago

Katie is buying a house and is looking for the best home loan to pay for her purchase. What loan should she choose?

Business

2 answers:

timurjin [86]3 years ago

6 0

loan with the lowest APR

umka2103 [35]3 years ago

5 0

The correct option is C. APR stands for Annual Percentage Rate. APR is the interest rate that one has to pay on a loan in a year. APR rate can be high or low depending on the investment type and the parties involved. But the best thing to do when one want to get a loan is to go for a loan with the lowest interest rate [APR]. So, the best thing for Katie to do is to choose a loan with the lowest APR.
APY stands for Annual Percentage Yield and is only use in savings; it refers to how much one earns on his savings.

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What counts as a disability under title ii of the ada

melomori [17]

Answer:

II-2.4000 Substantial limitation of a major life activity.

Explanation:

To constitute a "disability," a condition must substantially limit a major life activity. Major life activities include such activities as caring for one's self, performing manual tasks, walking, seeing, hearing, speaking, breathing, learning, and working.

6 0

3 years ago

Joy calls a mobile phone store to enquire about a new phone available in the market. The customer service operator sends him an

blondinia [14]

Answer:

The answer to the question is customer- initiated touch point

Explanation:

In Hank Brigman's submission a touch point is the meeting point between customers and the organization in order to share vital information,negotiate business or zeal up a transaction.

When interaction is initiated by the customer, it is known as customer-initiated touch point.This is sometimes made possible by referrals from those customers who have made use of the product in the time past or due to a brand loyalty a product or service commands among its rival products or services.

4 0

4 years ago

Bond Yields and Rates of Return A 30-year, 10% semiannual coupon bond with a par value of $1,000 may be called in 4 years at a c

Nookie1986 [14]

Answer:

The bond's yield to maturity is 9.45% using Excel to get exact values, and 9.59% using approximate method.

Explanation:

We can calculate is using 2 ways, using Excel to get the exact percentage or with approximate methods, calculating the semi-annual Yield to Maturity using the following formula

$YTM_{sm} =\cfrac{PMT+\cfrac{FV-PV}n}{\cfrac{FV+PV}2}$

And from there we can calculate the Yield to Maturity just by multiplying the semi-annual one by 2.

Identifying the given information.

We have a period of 30 years, so for the semiannual bond we have $n=2(30) = 60$ periods.

The face value, FV, is $1000, the coupon rate is 0.10, thus we can use them to find the interest per period PMT.

$PMT=0.10 \times \cfrac{1000}{2}\\PMT=\$ 50$

The current price of the bond, PV is $1050.

Replacing the values on the semiannual Yield to Maturity

$YTM_{sm} =\cfrac{PMT+\cfrac{FV-PV}n}{\cfrac{FV+PV}2}$

$YTM_{sm}=\cfrac{50+\cfrac{1000-1050}{60}}{\cfrac{1000+1050}{2}}$

Simplifying we get

$YTM_{sm}=4.797\%\\$

Finding the Yield to Maturity.

We can just multiply by 2 to get the Yield to Maturity from our previous result and rounding it to 2 decimals we get

$YTM = 2 YTM_{sm}\\YTM=9.59\%$

Alternatively we can use Excel and write:

RATE(n, PMT, PV, FV)*2

That is

RATE(60,50,1050,1000)*2

And we will get the exact Yield to maturity 9.49%

3 0

3 years ago

T. Dole invests cash and land into an existing partnership. The cash invested is $30,000 and the land has a fair market value of

bekas [8.4K]

The journal entry to reflect this transaction would include a credit to T. Dole, Capital in the amount of $90,000.

<h3>What journal entries?</h3>

A journal entry is an act of keeping or producing records of any economic or non-economic transaction.
An accounting journal, which shows a company's debit and credit balances, records transactions.
The journal entry can be made up of multiple records, each of which is either a debit or a credit.
Otherwise, the journal entry is termed unbalanced if the sum of the debits does not equal the total of the credits.

So, the journal entry to reflect this transaction would include a credit to T. Dole, Capital in the amount of cash invested, and the fair market value.

30,000 + 60,000 = $90,000

Therefore, the journal entry to reflect this transaction would include a credit to T. Dole, Capital in the amount of $90,000.

Know more about journal entries here:

brainly.com/question/14279491

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The complete question:

T. Dole invests cash and land into an existing partnership. The cash invested is $30,000 and the land has a fair market value of $60,000. The journal entry to reflect this transaction would include a credit to T. Dole, Capital in the amount of $ ______.

7 0

1 year ago

ACTION STEPS (What will be done) Step 1 Plann Step 2 4 Step 3 rll 의 Step 4 Step 5 Pa complete (5)

pochemuha

I’m not sure………………………. ….

8 0

3 years ago