Answer:
Statement # 1: False
Statement # 2: True
Statement # 3: False
Statement # 4: True
Explanation:
Lets look at each statement provided in the question and determine which of them is true or false.
Statement # 1 is false. First things first, the interest on this loan amount is higher which is at 4.15%. This is compared to the interest of 4% applicable on loan option 1. Secondly, there is a four year interest only option. This means that for 4 years there will be no repayments of the principal amount which means that the interest of 4.15% will continue to apply on the entire loan amount for these 4 years. In loan 1 however, principal repayments will reduce the principal amount after the 1st year which would further reduce the interest payment in the second year.
Statement # 2 is true. Loan 2 has an interest only period for the first 4 years. During this year you will only pay the 4.15% interest whereas in loan option 1, you will pay 4% interest AND the principal amount. The effect would offset once principal payments start in loan 2 but it would still mean that payments would be minimized in the first few years.
Statement # 3 is false. One of the advantages of having a loan with an interest free clause is that you can pay it off faster than a conventional loan. Since both the loans are fully amortizing, the principal payments would be different but would both result in the principal being repaid in the full 30 year tenor. Any extra payment that you wish to make would be counted towards principal payment in each loan option. However, for loan 1, the total monthly payments you make would remain the same. For loan 2, the extra payments that you make will continue to lower the monthly payments in way of interest which would allow you to save up more to pay more off in principal. The interest only period will also allow you to arrange extra funds during the IO period and repay the principal further. With loan 1, you will continue to make the same monthly payment until the end.
Statement # 4 is true. A fixed payment is being made each year by way of interest and principal repayments and will remain the same till the loan is fully amortized at maturity. In loan 2 on the other hand, a larger balloon payment will start 4 years later since only interest is paid in the first 4 years. So basically you may lower in the first 4 years and more in the remaining years.
They feared the influence of a Catholic monarch hope this helps ♥<span>
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Providing incentives for enterprise social network adoption and use is under the strategy best practice.
<h3>What is enterprise social network?</h3>
Enterprise social networking refers to an organization's use of social media (internally and externally), to connect individuals who share similar business ideas.
Examples of enterprise social network include:
- IBM's Connections
- Cisco's Webex Social
Hence, providing incentives for enterprise social network adoption and use is under the strategy best practice.
Learn more about enterprise social network here brainly.com/question/20115584
Answer:
will incur an increase in income in the amount of $500
Explanation:
If the company will accept the additional order and it wont affect the current sales, the costs that are relevant to decision making process is the possible increase in the sales and the possible increase in the costs incurred.
The increase in sales is computed by multiplying the number of units (10,000) and the selling price that the potential customer is willing to pay ($0.75).
So, 10,000 units x $0.75 = $7,500
By the moment the company will accept the order, their cost will increase to $82,000 from its original cost of $75,000. Hence, an increase of $7,000 ($82,000 - $75,000) will arise.
As a result of the foregoing analysis, an increase of $7,500 in sales less the increase of cost in the amount of $7,000 provides an additional income of $500.
Answer: Liaison role of management
Explanation: In simple words, liaison role of management refers to that role in which the managers works as a bridge between two entities so they can effectively communicate with each other. This communication could be done for both internal or external purposes.
In the given case, Michelle is first trying to resolve the conflict between city members and managers and after that he will be going to address a complaint filed by an employee against a team leader.
Hence he is performing the role of liaison officer.