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abruzzese [7]
3 years ago
14

Consider a $123,000, 45-year fixed-rate mortgage with a nominal interest rate of 6.70%. What is the total amount of interest pai

d over the life of the loan
Business
1 answer:
malfutka [58]3 years ago
4 0

Answer:

$269,024.43

Explanation:

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A sporting equipment store expects to purchase $8,000 of ski boots in October. The store had $2,000 of ski boots in merchandise
Tju [1.3M]

Answer: $7000

Explanation:

cost of ski boots = $8000

merchandise inventory at the beginning of October = $2000

merchandise inventory at the end of October = $3000

So,

Budgeted cost of goods sold for October = cost of ski boots + inventory at the beginning -  inventory at the end

= 8000 + 2000 - 3000

= $7000

∴ The budgeted cost of goods sold for October is $7000.

7 0
3 years ago
David works in the kitchen of a famous restaurant. He has been asked to familiarize himself with various standards within the ki
alisha [4.7K]

Answer:

B

Explanation:

Internal conformance in business can be defined as a instruction mostly given to new employee to comply with the laid down standard of an organization.

Employees are asked to familiarize themselves with existing rules and regulations in order to be able to adopt them easily in the course of operation.

This is necessary as various organizations and industries have their standards and regulations.

6 0
4 years ago
Say the stock closed at $102 at expiration and the option was assigned. What would be your effective cost per share for your sha
vagabundo [1.1K]

The cost per share is the price of a single share of the equity shares of a company.

<h3>What is cost per share?</h3>

The cost per share simply means the market value of an asset which is divided by the total number of shares that are issued.

It should be noted that the cost per share represents a fractional value of the overall asset value.

Let's say and asset is worth $1,000,000 and.is divided into 10000 shares. Then, the cost per share will be:

= $1,000,000/10000

= $10 per share.

Note that the complete information wasn't found and an overview was given.

Learn more about cost per share on:

brainly.com/question/14940016

#SPJ1

7 0
3 years ago
A form which records the check amount, date, payee and purose of the check is called a:_______
liubo4ka [24]

A form that records the cheque amount, date, payee and purose of the check is called a <u>debit</u>.

A cheque, or take a look at (American English; see spelling variations), is a report that orders a financial institution (or credit union) to pay a particular amount of money from a person's account to the person in whose name the cheque has been issued.

The character writing the cheque, referred to as the drawer, has a transaction banking account (often called a cutting-edge, cheque, chequing, checking, or proportion draft account) wherein the cash is held. The drawer writes diverse information inclusive of the monetary quantity, date, and a payee on the cheque, and symptoms it, ordering their bank, known as the drawee, to pay the amount of money said to the payee.

Learn more about cheque here: brainly.com/question/20591376

#SPJ4

5 0
2 years ago
Read 2 more answers
If you borrow $25,000 from a local finance company and you are required to pay $4,424.50 per year for 10 years, what is the annu
djyliett [7]

Use this formula:

A= P(1+rt),

A is the final investment amount (4424.50x10)

P is the principal amount (25,000)

r is the rate of interest (annual)

t is the time period (10)

If A= P(1+rt),

then (1+rt) = A/P.

(1+r(10)=( 44,245)/25,000

10r=1.7698-1

r=.7698/10

<span>r=.07698 or 7.698%</span>

3 0
3 years ago
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