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Kruka [31]
3 years ago
14

You're trying to choose between two different investment, both of which have up – front costs of $45,000. investment g returns $

75,000 in six years. investment h returns $105,000 in 9 years. which of these investments has the higher return?
Business
1 answer:
DochEvi [55]3 years ago
4 0
Amount invested in both schemes is $45,000
returns in investment g is 75,000 in 6 years. 
yearly return is:
75000/6=12,500

returns in investment h is 105,000 in 9 years
yearly return is:
105,000/9
=11,666.67

from the above results we can conclude that investment g has the higher returns.
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Answer:

1. Calculate the monthly payment for a 30-year mortgage loan.

we can do this by using the present value of an annuity formula

the loan's interest rate is missing, so I looked for a similar question and found that it is 6%

present value = monthly payment x annuity factor

monthly payment = present value / annuity factor

  • present value = $200,000 (loan's principal)
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monthly payment = $200,000 / 166.79161 = $1,199.101082 ≈ <u>$1,199.10</u>

2. Calculate the amount of interest that you’d pay for a 30-year mortgage loan.

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8 0
3 years ago
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Answer:

Contingency plan.

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3 years ago
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The answer is C. Hoped this helped you
7 0
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3 years ago
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mart [117]

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Learn more about profit margin here:

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8 0
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