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kolbaska11 [484]
3 years ago
10

A house is to be purchased for $480,000 with a 10 percent down payment. A conventional 30-yr loan is used at 7.5 percent, rresul

ting in monthly payments of $3,020.61 . The interest portion of the first monthly payment will be what?

Business
1 answer:
Elena-2011 [213]3 years ago
6 0

Answer:

Please see attachment

Explanation:

Please see attachment

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4 years ago
Scientific endeavors only come from the desire to meet societal needs
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4 years ago
Leisure is Select one: a. a good that is not counted in GDP. b. a good that is counted in GDP. c. neither a good nor a bad, and
Greeley [361]

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a. a good that is not counted in GDP.

Explanation:

Leisure is not counted in GDP if the leisure activity does not have a market value, and is not exchanged in the markeplace.

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4 years ago
Paper Clip Company sells office supplies. The following information summarizes the​ company's operating activities for the​ year
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ies. The following information summarizes the​ company's operating activities for the​ year: Utilities for the store ​$ 10 comma 300 Sales commissions 10 comma 300 Sales revenue 164 comma 100 Purchases of merchandise 89 comma 000 January 1 inventory 27 comma 400 Rent for st

4 0
3 years ago
Why are discounted cash flow methods of making capital budgeting decisions superior to other methods?
Katyanochek1 [597]

Answer:

Discounted cash flow strategies consider the time value of the currency and consider all future cash flows.

Explanation:

Discounted cash flow approaches recognize the value of money, and take into consideration all investment returns, unlike other traditional capital budgeting approaches.

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