1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ozzi
3 years ago
9

You plan to purchase a $330,000 house using either a 30-year mortgage obtained from your local savings bank with a rate of 8.00

percent, or a 20-year mortgage with a rate of 7.00 percent. You will make a down payment of 20 percent of the purchase price. a. Calculate the amount of interest and, separately principal paid on each mortgage. What is the difference in interest pald? b. Calculate your monthly payments on the two mortgages. What is the difference in the monthly payment on the two mortgages? (For all requlrements, do not round Intermediate calculations. Round your answers to 2 declmal places. (e.g. 32.16)) Interest under 20-year mortgage Interest under 30-year mortgage Difference in interest paid b Monthly payment under 20-year mortgage 1,937.14 Monthly payment under 30-year mortgage Diflerence in monthly payment

Business
1 answer:
neonofarm [45]3 years ago
4 0

Answer:

Please see attachment

Explanation:

Please see attachment

You might be interested in
Implied contracts can be formed through an employer's representation of ________. fair performance appraisal fair compensation c
devlian [24]

Answer:

state

Explanation:

Because it better

5 0
4 years ago
when a new competitor threatened to compete with your team’s product line, you noticed that your teammates started working toget
ahrayia [7]

Group cohesiveness is the best performance factor that describes the above terminology.

Group cohesiveness is the ability of a team to work together in order to produce the desired objective.

When a team is threatened by a new competitor, it tends to focus more on work and also shows unity in reaching a goal.

A new competitor acts as an important contributor in unifying a team and pushing it to reach the desired objective. The team tries its best to work better than the competitor.

Although a part of your question is missing, you might be referring to this question:

Match each description with the corresponding group performance factor that best describes it.

When a new competitor threatened to compete with your team's product line, you noticed that your teammates started working together more effectively to counter this threat.

To learn more about cohesiveness, click here:

brainly.com/question/15713513

#SPJ4

7 0
1 year ago
By subtracting current liabilities from current assets, you are able to determine____
Blababa [14]

Answer:

Working Capital

Explanation:

3 0
3 years ago
Pinnacle Corp. budgeted $264,760 of overhead cost for the current year. Actual overhead costs for the year were $214,170. Pinnac
Firdavs [7]

Answer:

The correct answer is C: $5.21

Explanation:

Giving the following information:

Pinnacle Corp. budgeted $264,760 of overhead cost for the current year. Pinnacle's plantwide allocation base, machine hours, was budgeted at 50,840 hours.

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base= 264760/50840= 5.21

8 0
3 years ago
The basic control process of business begins with _____.
aliya0001 [1]

Answer:   Option C

Explanation:

A. Achievement of organizational goals is the result for which the controlling process is initiated.

B. Taking corrective action is the second last step in controlling process.

C. Controlling process starts with the establishment of standards from which the actual performance will be compared.

D. Comparison is the second step in controlling process.

E. Identification will be done only after the comparison and detection of deficiencies in the process.

5 0
3 years ago
Other questions:
  • Chocolate Supreme purchased new baking equipment for $15,000 subject to terms 4/10, n/45. The discount was taken. Additional cos
    13·1 answer
  • Ignoring issues of the Statute of Frauds, is there a contract for the sale of Vinny’s Celica? Yes, between Vinny and Oscar for $
    14·1 answer
  • Macy's, Inc., operates the two best-known high-end department store chains in North America: Macy's and Bloomingdale's. The foll
    6·1 answer
  • Bristo Corporation has sales of 2,080 units at $50 per unit. Variable expenses are 25% of the selling price. If total fixed expe
    11·1 answer
  • Sanders Beverages, Inc. is targeting non-juice drinkers with a new line of healthy fruit juices. Identify the segmenting dimensi
    8·1 answer
  • What might you need to do to renew your credentials?
    5·2 answers
  • The Field Detergent Company sold merchandise to the Abel Company on June 30, 2016. Payment was made in the form of a noninterest
    15·1 answer
  • Which of the following statements regarding the Foreign Corrupt Practices Act (FCPA) is NOT TRUE? Group of answer choices Bribes
    10·1 answer
  • A design firm wants to hire a senior manager to oversee its architecture division. four applicants and their qualifications are
    14·2 answers
  • On June 1, 2020, Sandhill Company sells $196,000 of shelving units to a local retailer, ShopBarb, which is planning to expand it
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!