Based on the information given the dollar amount of the discount points is $3,600.
<h3>Discount:</h3>
First step is to calculate the down payment
Down payment=$200,000-($200,000×10%)
Down payment=$200,000-$20,000
Down payment=$180,000
Second step is to calculate the discount points
Discount point=Down payment× Discount points
Discount point=$180,000×2%
Discount point=$3,600
Inconclusion the dollar amount of the discount points is $3,600.
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Answer:
Option (B) is correct.
Explanation:
Expected value for option A:
= High amount × Probability + Low amount × Probability
= $90,000 × 0.5 + $25,000 × 0.5
= $57,500
Expected value for option B:
= High amount × Probability + Low amount × Probability
= $80,000 × 0.4 + $70,000 × 0.6
= $74,000
Expected value for option C:
= High amount × Probability + Low amount × Probability
= $60,000 × 0.3 + $55000 × 0.7
= $56,500
Therefore, option (B) would be the answer.
Answer:
$84
Explanation:
Installment payment = $2,500
Interest in fourth installment = $2,458
Principal in fourth installment = $2,500 - $2,458
Principal in fourth installment = 42
Annual effective interest rate = 13%
With payments made every 2 years
Let P be the outstanding amount at after third installment is paid.
Hence the interest in the fourth installment = outstanding amount after third installment x effective annual interest rate x 2
Hence,
2,458 = P x 0.13 x 2
Hence P = 9,453.87
Using the above calculation. we can prepare an amortization schedule as shown in the table below ( in attached file)
Amount of Principal paid in the 7th installment = $84
The thing which senior managers engage in when they structure the organizational relationships to work cooperatively to achieve goals is:
- Efficiency and Effectiveness.
<h3>What is Efficiency?</h3>
This refers to the ability to perform a task or tasks quickly, accurately and with minimal error.
With this in mind, we can see that when senior managers prioritize <em>efficiency and effectiveness</em> in their organizational structure, then they would easily accomplish goals.
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Answer:
$21,000,000
Explanation:
Ratio is used in allocating the research and development cost
This is the expression of relationship between two or more data showing the number of times one data contains or is contained in another data
Total research and development cost = $60,000,000
Revenue
Kentucky = $56,000,000
Arizona -= $ 100,000,000
Illinois = $84,000,000
Total = $240,000,000
Illinois allocation of research and development cost=
84,000,000/240,000,000*60,000,000 =$21,000,000