Answer:
$113,465
Explanation:
Calculation to determine difference in total dollars that will be paid to the lender under each loan
First step is to Calculate the difference in payments on a 30-year mortgage at an interest rate of .75% a month
$100,000 = PMT([1 / (0.0075)] − 1 / {(0.0075)[(1.0075)]^30 × 12})
PMT = $804.62
Second step is to Calculate the difference in payments on a 15-year mortgage at an interest rate of .7% a month
$100,000 = PMT([1 / (0.007)] − 1 / {(0.007 )[ 1.007)]^15 × 12})
PMT = $ 978.87
Now let determine the Total difference
Total difference = ($804.62 × 12 × 30) − ($978.87 × 12 × 15)
Total difference= $113,465
Therefore difference in total dollars that will be paid to the lender under each loan is $113,465
Answer:
Explanation:
Dear Y,
How are you? I hope you are well. I received your letter two days ago. But I could not answer in time because of my illness.
On last Saturday I went to school as usual. When I was returning home, it started rain. As I was in the way, there was no place to take shelter. As a result I got drenched. Soon after reaching home, I started coughing. I caught acute cold fever by night. Since then, I have been suffering from fever. Father took me to a doctor. But the doctor said that it would take at least 5 days to get cured. So, I am in bed now.
No more today. Take care of you and don’t move while it’s raining. Please pay a visit to our house if possible. Waiting for your reply.
Your loving friend
X
Answer:
This is the act of advertising a brand or product without using audio in order to draw the viewer's attention on the story or purpose of the advertisement rather than the audio.
Explanation:
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Answer: Producing new models would require lots of money to set up before the revenue builds
Explanation:
This company must endeavor to have enough cash at hand because production of motor bike are very expensive to produce and launch in to the market, they'll have to be excess in their reserves for this operations.
Answer:
a. Demand for the company's stock decreases,
Explanation:
As a result of losing the case, investors would not want to hold the stock of the company due to the anticipated dip in revenue of the firm as a result of losing the case. As a result, there is a dip in the demand for stock.
when demand for the stock falls, the price of the stock also reduces.