Before you begin writing on a job application you should ____

Seven years ago, Carlos took out a 30-year mortgage for $185,000 at 5.6 percent. He has made all of the monthly payments as agre

marin [14]

Answer:

Remaining balance of loan after 7 years ( today ) = $ 164,619.6

Explanation:

amount of mortgage = $ 185,000

original term of loan 30 years * 12 = 360 months

interest rate = 5.6 % * 1/12 =0.4666% per month

monthly payment = amount oa mortgage * i /[ 1- (1+i)^-n ]

= $ 185,000 * 0.4666% / [ 1- ( 1 +0.4666%)^-360 ]

= $ 863.21 / [ 1 - 0.187148 ]

= $ 863.21 / 0.812852

= $ 1061.95

after 7 years, that means 84 months, remaining term = 360 months - 84 months = 276 months

remaining balance of loan = amount of loan * ( 1+ i )^n - monthly payment * [ {( 1 + i )^n - 1 } / i ]

remaining balance of loan after 7 years ( 84 months ) = [ $ 185,000 * ( 1+0.4666%)^84 ] - $ 1061.95 * [ {(1+0.4666%)^84 - 1} / 0.4666 ]

= [ $ 185,000 * 1.47850 ] - $ 1061.95 * ( 0.47850 / 0.4666% ]

= $ 273,522.5 - $ 1061.95 * 102.55

= $ 273,522.5 - $ 108,902.9

= $ 164,619.6

remaining balance of loan after 7 years ( today ) = $ 164,619.6

6 0

3 years ago

Suppose there is an increase in both the supply and demand for personal computers. In the market for personal computers, we woul

erma4kov [3.2K]

In the market for personal computers, we would expect the Equilibrium quantity to rise and the change in the equilibrium price to be ambiguous.

<h3>What is equilibrium quantity?</h3>

When there is no shortage or surplus of a product on the market, it is said to be in equilibrium quantity.
When supply and demand meet, the amount of an item that consumers want to buy equals the amount supplied by its producers.
The equilibrium price is the only price at which consumers' and producers' plans coincide—that is, the amount consumers want to buy of the product, quantity demanded, equals the amount producers want to sell, quantity supplied.
Assume there is an increase in both supply and demand for personal computers.
The Equilibrium quantity would then rise in the market for personal computers, while the change in the equilibrium price would be ambiguous.

Therefore, in the market for personal computers, we would expect the equilibrium quantity to rise and the change in the equilibrium price to be ambiguous.

Know more about equilibrium quantity here:

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The correct question is given below:

Suppose there is an increase in both the supply and demand for personal computers. In the market for personal computers, we would expect the Equilibrium quantity to ______ and the change in the equilibrium price to be __________

8 0

2 years ago

Wendell Company provided the following pertaining to its recent year of operation:

myrzilka [38]

Answer:

Option (B) is correct.

Explanation:

Wendell's total stockholders' equity increase during the recent year of operation:

= Issued common stock - Cash dividend declared + Net Income - Stock dividend distributed + Sale of treasury stock below cost

= $50,000 - $20,000 + $70,000 - $23,000 + $7,000

= $84,000

Therefore, Wendell's total stockholders' equity increase by $84,000.

3 0

3 years ago

The Freedom of Information Act is designed to

kiruha [24]

Answer:<u><em>Option (b) is correct.</em></u>

Explanation: Freedom of Information Act customarily provides that any individual has the freedom to application access to governmental agency transcript or information except to an amplitude the transcript are protected from acknowledgment by nine exemptions encompass

ed in the law. Most of these documents are redacted.

4 0

3 years ago

environmental performance indicators that are the critical success factors in a sustainability perspective include

kompoz [17]

Factors that are responsible for environmental performance indicators in a sustainability perspective include :

Operational indicators assess potential environmental strains.
Management indicators assess attempts to mitigate environmental effects.
Environmental condition indicators assess the quality of the environment.

What is Environmental Sustainability ?

Environmental sustainability is the obligation to conserve natural resources and protect global ecosystems for current and future health and well-being.

Because of how much energy, food, and man-made resources we consume every day, environmental sustainability is critical. Rapid population growth has increased agricultural and manufacturing, which has resulted in increased greenhouse gas emissions, unsustainable energy consumption, and deforestation.

To know more about Environmental Sustainability

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7 0

2 years ago

Before you begin writing on a job application you should _____.