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Llana [10]
3 years ago
13

Monthly payments are higher with a 15 year , fixed rate mortgage. What are two advantages of a 15 year fixed rate mortgage over

a 30 year fixed rate mortgage?
Business
1 answer:
Leviafan [203]3 years ago
3 0

One advantage of a 15 year mortgage is that a home owner pays less total interest. A second advantage is that home owners can pay the home off faster to own it out right.

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Assume the following sales data for a company: Year 2 $684,000 Year 1 $600,000 What is the percentage increase in sales from Yea
docker41 [41]

Answer:

The correct answer is 14%

Explanation

Year 1: $600,000

Year 2: $684,000

Year 2 ($684,000) - Year 1 (600,000) = $84.000

Method "Rule of three" or Cross multiplication

$600,000------100%

$84,000-------- ?

$84,000 x 100= 8,400,000 then you divide the answer into $600,000

8,400,000/600,000= 14%

3 0
3 years ago
Suppose that consumption decreases. What is the effect on investment and real interest rate? Analyze using graphs. Briefly descr
Talja [164]

Answer:

Interest rates and investment

If interest rates are increased then it will tend to discourage investment because investment has a higher opportunity cost. With higher rates, it is more expensive to borrow money from a bank. Saving money in a bank gives a higher rate of return.

8 0
3 years ago
In the integrated supply chain model, integrated enterprise is typically ______.
Alenkinab [10]

In the integrated supply chain model, integrated enterprise is typically manufacturer.

<h3>What is supply chain model?</h3>

Supply chain modeling can be described as the  conscious attempt  that is been utilized in the  proclamation of order as regards the  supply chain to have certain business objectives.

These could be  lowest supply cost as well as , on-time delivery ,however In the integrated supply chain model, integrated enterprise is typically manufacturer.

Learn more about supply chain model at:

brainly.com/question/25160870

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4 0
1 year ago
Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2020 totaled $2,288,076
Xelga [282]

Answer:

Using the FIFO cost method:

beginning WIP 34,600 units

materials $79,000 (100% complete)

conversion $48,200 (30% complete, 70% remaining = 24,220 EU)

units started 662,700

materials added $1,594,520

conversion costs added $566,356

ending WIP 24,100

100% complete for materials

40% complete for conversion = 9,640 EU

units completed and transferred out = 34,600 + 662,700 - 24,100 = 673,200

units started and completed = 662,700 - 34,600 - 24,100 = 604,000

total equivalent units for the month:

materials 662,700

conversion = 24,220 + 604,000 + 9,640 = 637,860

total cost per EU:

materials = $1,594,520 / 662,700 = $2.4061

conversion = $566,356 / 637,860 = $0.8879

total = $3.294

cost of ending WIP:

materials = 24,100 x $2.4061 = $57,987

conversion = 9,640 x $0.8879 = $8,559.36 ≈ $8,559

total = $66,546

cost of units transferred out = $79,000 + $48,200 + $1,594,520 + $566,356 - $66,546 = $2,221,530

total units transferred out = 673,200

production cost per unit = $2,221,530 / 673,200 = $3.30

3 0
3 years ago
Informative headings and subheadings..
aliina [53]

Answer: Is the business manegement?

Explanation: If what unit and lesson i did all

7 0
2 years ago
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