Answer:
The monthly loan interest = $350
Explanation:
<em>Loan amortization (repayment mortgage)</em>
A repayment mortage is such that a mortgage is repaid using a series of equal installments . Each installmet pays the interest accrued and a portion of the loan
<em>Interest only-mortgage</em>
On the other hand, under an interest only mortgage the borrower is required to pay only the interest due on the loan monthly , the principal can be paid in a lump sum at the end of the loan period.
The advanatage of an interest only mortgage is that it makes mortgage very accessible and affordable. However, the borrower will still be owing the principal amount of the mortgage at the end of the loan period, which might mean a cash flow pressure.
We can work out the monthly pay for an interest only mortgage as foolws:
Monthly repayment =( Loan amount× rate (%) × year)/(year × 12)
The monthly loan interest = (56,000× 7.5% × 15)/12×15
=$350
The monthly loan interest = $350
Answer:
e. are responsible for the specific business functions or operations that constitute a company or one of its divisions.
Explanation:
The functional manager defines the person who manages the organization department. It is specialized in different categories such as Human Resource Management, Finance, Marketing, Operations, etc. A functional manager manages its resources for the benefit of the organization.
So, the Functional manager is responsible for a particular business function, operations for a company or a specific division.
Answer and Explanation:
1. The computation of the joint cost of each production assign to the smooth skin by relative sales values method is shown below:
Smooth skin
= $360,000 × (170,000 × $3.20) ÷ (170,000 × $3.20 + 300,000 × $5.20)
= $360,000 × $544,000 ÷ $2,104,000
= $93,080
And, for silken smooth
= $360,000 × (300,000 × $5.20) ÷ (170,000 × $3.20 + 300,000 × $5.20)
= $360,000 × $1,560,000 ÷ $2,104,000
= $266,920
Answer:
<em>7 Ways To Add Massive Value To Your </em><em>Business</em>
- <em>The Faster The Better. The first way to increase value is simply to increase the speed you deliver the kind of value people are willing to pay for. ...</em>
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- <em>Increases</em><em> Convenience. ...</em>
- <em>Improve Customer Service. ...</em>
- <em>Changing Lifestyles. ...</em>
- <em>Offer Planned Discounts.</em>
Explanation:
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Answer:
behavior.
Explanation:
A persuasive speech is one in which the speaker addressing the audience or giving speech to the audience tries to impress or persuade the audience by his speech and convince the listeners through his presentation and speeches.
It is a process of changing people belief, action or reinforcing them. While giving a persuasive speech, one main goal of the speaker is to ask the audience to perform a certain action. It is also known as performing a specific behavior.