1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
igomit [66]
3 years ago
12

Question 7 Which combination of factors would result in the lowest monthly mortgage payment? A Big down payment, a longer term l

oan, and low interest rate B Small down payment, a shorter term loan, and high interest rate C Small down payment, a shorter term loan, and small interest rate D Big down payment, a shorter term loan, and high interest rate
Business
1 answer:
Sauron [17]3 years ago
3 0
<span>A combination of a big down payment, a longer term loan, and a lower interest rate is expected to result into a low monthly mortgage payment.</span><span />
You might be interested in
Work that totals less than forty hours per week is considered _____ work.
Brut [27]

Answer:

This D*ck

Explanation:

Wooooaahhh Grapppe

4 0
3 years ago
a project with an initial cost of 63800 is expected to generate annual cash flow of 16580 for the next 6 years what is the Proje
patriot [66]

We have:

Initial cost (PV) = 63800

Annual cash flow (Pmt) = 16580

N = 6

Since the cash flows are conventional in nature, we can use the following formula to calculate the IRR:

PV = Pmt x PVIFA(N, R)

63800 = 16,580 x PVIFA (6, R)

PVIFA (6, R) = 3.84800965

Solving for R using PV of annuity table, we get R= 9.4162%

Therefore, Internal rate of return would be 9.4162%.

3 0
3 years ago
Which action would be most likely to affect whether scroll bars appear in a Word document?
Luden [163]

Answer:

-D

Explanation:

I'm pretty sure it's zooming in or out on the document

6 0
3 years ago
Technical skills: A. help you understand the potential and the limitations of information technology. B. help you work with end
Lera25 [3.4K]

Answer:  A. help you understand the potential and the limitations of information technology

Explanation: Helping you understand some, if not all of the potential and limitations of information technology is among the usefulness of technical skills which are skills, abilities, knowledge or expertise that are needed to perform complex tasks, processes or actions that are computational, mechanical, scientific or relating to information technology. Examples include the knowledge of programming languages, mechanical tools, design programs etc.

3 0
3 years ago
Salmon Inc. has debt with both a face and a market value of $3,000. This debt has a coupon rate of 7% and pays interest annually
drek231 [11]

Answer:

14.143%

Explanation:

Data provided in the question:

market value of debt = $3,000

Coupon rate, r = 7% = 0.07

Expected earnings before interest and taxes = $1,200

Tax rate = 34% = 0.34

The unlevered cost of capital, Ra = 12% = 0.12

Now,

Value of firm = VU + Tax

Here

VU = [expected earnings before interest and taxes( 1 - t )] ÷ [ Ra ]

= [$1,200 ( 1 - 0.34)] ÷ 0.12

= $6,600

Thus,

Value of firm = $6,600 + ( $3,000 × 0.34 )

= $6,600 + 1,020

= $7,620

Thus,

Equity = Value of firm - Debt

= $7,620 - $3,000

= $4,620

Therefore,

Cost of equity = Ra + [ (Debt ÷ Equity ) × (1 - t ) × (Ra - r ) ]

= 0.12 + [ (3,000 ÷ 4,620) × (1 – 0.34) × (0.12 - 0.07) ]

= 0.14143

or

= 0.14143 × 100%

= 14.143%

7 0
4 years ago
Other questions:
  • Rory Company has a machine with a book value of $121,000 and a remaining five Calculate the incremental income.-year useful life
    9·1 answer
  • Do applications require you to provide the following basic elements: social security number, experience, and favorite memories?
    13·2 answers
  • Free Spirit Industries Inc.’s marketing sales director doesn’t think that the market for the firm’s goods is big enough to sell
    10·1 answer
  • Randy owns and rents a residential duplex that he purchased 17 years ago in the month of May. The purchase price was $250,000. D
    15·1 answer
  • How do politicians use math in their jobs (please give an example equation)
    7·2 answers
  • (Ignore income taxes in this problem.) Assume you can invest money at a 14 percent rate of return. How much money must be invest
    8·1 answer
  • Marigold Industries has 8400 equivalent units of production for both materials and for conversion costs. Total manufacturing cos
    6·1 answer
  • Cash flows from investing activities do not include:___________
    9·1 answer
  • Introduction Companies issue bonds, preferred stock, and common equity to aise capital to invest in capital budgeting projects.
    12·1 answer
  • Samuel's full retirement age is 65 years old and his monthly benefit at that age is $1,000. According to the Social Security Adm
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!