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iren2701 [21]
3 years ago
14

Mortgages, loans taken to purchase a property, involve regular payments at fixed intervals and are treated as reverse annuities.

Mortgages are the reverse of annuities, because you get a lump-sum amount as a loan in the beginning and then you make monthly payments to the lender.
You've decided to buy a house that is valued at $1 million. You have $500,000 to use as a down payment on the house, and want to take out a mortgage for the remainder of the purchase price. Your bank has approved your $500,000 mortgage, and is offering a standard 30-year mortgage at a 12% fixed nominal interest rate called the loan's annual percentage rate or APR). Under this loan proposal, your mortgage payment will be _____ per month.

a) $6,428.83
b) $5,143.06
c) $7,971.74
d) $6,943.13
Business
1 answer:
Marianna [84]3 years ago
4 0

Answer: b

Explanation:

500 000*12% = 60 000\12

5000

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Answer:

True

Explanation:

The above statement that, government regulations are intended to protect consumers , companies , and societal interests <em>is true .</em>

It is the duty of the government t protect the rights of the consumer , companies and society.

The government regulation is necessary to protect and save the public . It prevent the people to go on wrong path . The government has made many laws for the people in different area , like if any company provide adulterated goods to the people then people have the right to file case against that company or that product. The government also made many road safety rules to protect the people like no drink and drive etc.

The government also make companies to follow the right path and not to do any unfair practices . The government made company to follow ethics , do some social well fare.

7 0
3 years ago
On April 30, 2017, Cupidity Corp. purchased for cash all 200 shares of the outstanding common stock of Venality Corp. for $40 pe
just olya [345]

Answer:

$1,350

Explanation:

Goodwill is the Excess of Cash Consideration over the Net Assets taken over. Net Assets taken over are measured at their Fair Market Value instead of Book Values at the Acquisition date.

Where,

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Therefore,

Goodwill = $8,000 - $6,650

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8 0
3 years ago
Relationship-specific adaptations are usually not required when the buying organization uses outsourcing.
vredina [299]
<span>Relationship-specific adaptations are usually not required when the buying organization uses outsourcing. 

False</span>
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After several years of study as a part-time student, Alex recently earned a degree in marketing at a local college. The growth i
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Answer:

A) TRUE

Explanation:

Updating marketing skills is not unrelated to modern demands in a global environment influenced by technological disruption. The need to keep abreast of changes in digital marketing for instance is essential if you have to stay relevant in the world of marketing.

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C

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