Answer:
since there is not enough room here, I prepared two amortization schedules on an excel spreadsheet and I attached them
Explanation:
in order to determine the monthly payment, we can use the formula to calculate present value of an annuity:
PV = annuity payment x annuity factor
annuity payment = PV / annuity factor
- PV = $300,000
- annuity factor for 2.2% / 12 = 0.18333% and 180 periods = 153.1964438
I used an annuity calculator to determine the annuity factor
annuity payment = $300,000 / 153.1964438 = $1,958.27
we use the same formulas for the second question:
PV = annuity payment x annuity factor
annuity payment = PV / annuity factor
- PV = $300,000
- annuity factor for 2.7% / 12 = 0.225% and 360 periods = 246.54977
I used an annuity calculator to determine the annuity factor
annuity payment = $300,000 / 246.54977 = $1,216.79
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<span>This is referred to as "Res judicata".
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Res judicata is a Latin expression which means "a thing decided". It is a precedent-based law principle intended to avert relitigation of cases between similar gatherings with respect to similar issues and save the coupling idea of the court's choice. Once a last judgment has been come to in a claim, consequent judges who are given a suit that is indistinguishable to or considerably the same as the prior one will apply the regulation of res judicata to maintain the impact of the primary judgment.
Answer:
1. False
2. True
3. False
4. True
5. False
Explanation:
- This is because gains from trade come from specialization in one comparative advantage and self sufficiency can lead poor management of natural resources.
- gain from trade are only based on comparative advantage.
- because trades can benefit both parties when production is based on comparative advantage.
- it gives both parties a chance to consume at points outside their production capabilities.
- because countries open to trade tend to grow faster, innovate to improve productivity while providing more opportunities for the populace.
<span>Jeb was defining segments using DEMOGRAPHIC considerations.
There are 4 types of segmentation.
1) Geographic
2) Demographic
3) Psychographic
4) Behavioral
Demographic segmentation considers who the customers are. Data that are required to be collected to know who the customers are 1) age, 2) gender, 3) income, 4) social class, 5) religion, and 6) race or family life cycle.
People who want high quality car are usually big income earners. People who wants low-priced cars are usually small income earners or even students who just got their drivers license.
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