points charged at closing will be $80,000 × 0.02 (2 points equal 2%) = $1,600.
Points, also called discount points, lower interest rates in exchange for prepayment. Lenders lower your closing costs in exchange for accepting higher interest rates. These terms may be used to mean something else. "Point" is a term that mortgage lenders have used for many years.
Mortgage points (sometimes called discount points) are fees paid to lower interest rates on home purchases or refinancing. Discount points cost 1% of your mortgage amount. For example, if you take a $ 100,000 mortgage, one point costs $ 1,000.
Learn more about loan discount points here:brainly.com/question/2764956
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Answer:
A) Product Market Stakeholders
Explanation:
Product Market Shareholders are the parties who the firm "Equal Exchange" shares its industry with including customers and suppliers
Equal Exchange's target group are customers and suppliers most importantly.
Answer:
C) Debit Cash $2.02 million; Credit Other financing sources $2.02 million
Explanation:
<u>A private firm will reocrd as follow:</u>
As the bonds are sold at a higher price than their face value we recognize a premium which will be amortized over the life of the bond.
<u><em>But in this case, we are doing a public accounting thus,</em></u> we must record the cash received and credit other financing sources for the whole amount funded.
Answer:
0.1875; 0.375; 0.4375
Explanation:
Given that,
Adobe Systems stock = $3,000
Dow Chemical = $6,000
Office Depot = $7,000
Total Value of stock:
= Adobe Systems stock + Dow Chemical + Office Depot
= $3,000 + $6,000 + $7,000
= $16,000
Portfolio weights of Adobe Systems stock:
= Value of Adobe Systems stock ÷ Total Value of stock
= $3,000 ÷ $16,000
= 0.1875
Portfolio weights of Dow Chemical stock:
= Value of Dow Chemical stock ÷ Total Value of stock
= $6,000 ÷ $16,000
= 0.375
Portfolio weights of Office Depot stock:
= Value of Dow Chemical stock ÷ Total Value of stock
= $7,000 ÷ $16,000
= 0.4375
Answer: The correct answer is "C. produce because revenue of $1 comma 000 is greater than fixed costs.".
Explanation: The firm should produce because the revenue of 1000 is enough to cover the fixed costs and part of the variables (1000 - 800 - 600 = (-400)) so that the loss is less than if it stopped producing despite the avoidable costs (800 - 350 = 450) since if it stopped producing it would have a loss of $ 450 and producing it would have a loss of $ 400.
