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Mumz [18]
3 years ago
5

A borrower made a mortgage loan 7 years ago for $160,000 at 10.25% interest for 30 years. The loan balance is now $151,806.62 an

d rates for this amount are currently 9.0% for 23 years. Origination fees and closing costs are $4,500 and closing costs are not financed by the lender. What is the effective cost of refinancing
Business
1 answer:
Alja [10]3 years ago
7 0

Answer:

9.39%

Explanation:

Base on the scenario been described in the question, the effective cost of refinancing is 9.39%

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Which of the following is required to be present in an Employment Verification Letter?
Furkat [3]

Answer:

name, title, salary, and dates of employment. 

Explanation:

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5 0
3 years ago
Determine the missing amounts.Unit SellingPriceUnit VariableCostsUnit ContributionMarginContribution MarginRatio1. $650 $390 $en
tatiyna

Answer:

I tried to order the information and prepared the following table:

                                                  Product A           Product B        Product C

Unit Selling Price =                        $650                $200              <u>e)$2,300</u>

Unit Variable Costs =                    $390               <u>c)$108</u>              <u>f)$1,495</u>

Unit Contribution Margin =          <u>a)$260</u>                  $92                $805

Contribution Margin Ratio =         <u>b)40%</u>               d)<u>46%</u>                 35%

contribution margin ratio = (revenue - cogs) / revenue     or      

contribution margin ratio = contribution margin / revenue

8 0
3 years ago
Charles Zimmerman owns an acre of swampy land just off the interstate. He would like to pave the surface and build a gas station
blagie [28]

B. legal and regulatory requirements

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s344n2d4d5 [400]

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C. Importing, exporting and countertrading

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The e commerce partnership with Ali baba will enable them (Costco) buy (import) and sell (export) goods using the internet, and also transfer money and data to execute these transactions.

Importation involves buying of goods or services from other countries.

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3 years ago
Section 103 of the Federal Public Works Employment Act establishes the Minority Business Enterprise program and requires that, a
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Explanation:

Looking from a fair point of view, the White owners of businesses have legitimate reasons to feel that the Act constitutes illegal reverse discrimination.

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