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faltersainse [42]
3 years ago
11

You found your dream house. It will cost you $300000 and you will put down $30000 as a down payment. For the rest you get a 30-y

ear 4.0% mortgage. What will be your monthly mortgage payment in $ (assume no early repayment)?

Business
1 answer:
Andrews [41]3 years ago
5 0

Answer:

$1,282.80

Explanation:

The PMT formula is used for this question. The attachment is shown below:

The NPER shows the time period

Given that,  

Present value = $300,000 - $30000 = $270,000

Future value = $0

Rate of interest = 4% ÷ 12 months = 0.33%

NPER = 30 years × 12 months = 360 months

The formula is shown below:

= PMT(Rate;NPER;-PV;FV;type)

The present value come in negative

So, after solving this, the answer is $1,282.80

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In most companies, portfolio management is typically done at the sbu or ___________ level of the firm.
galina1969 [7]

The correct option is c. In most companies, portfolio management is typically done at the SBU or product line level of the firm.

A company's ability to capitalize on the success of its project selection and execution is ensured by portfolio management. To accomplish strategic goals, it alludes to the centralized management of one or more project portfolios. A portfolio manager is a qualified individual tasked with selecting investments and managing investments on behalf of invested people or institutions. Clients put their money into a retirement fund, endowment fund, or education fund as part of the PM's investing strategy in order to develop it in the future.

In most companies, portfolio management is typically done at the SBU or ___________ level of the firm.

a. sales representative

b. corporate

c. product line

d. customer care

e. accounting;

Learn more about portfolio management here:

brainly.com/question/14620635

#SPJ4

6 0
1 year ago
A student wanted 20.000g of a salt. which balance should the student use in order to obtain the most accurate quantity: a platfo
Trava [24]
I think the best balance to be used would be a top-loading balance. Although, a platform triple beam balance and a single pan triple beam balance are accurate balances however they could not read up to the third decimal place which can be done in some of the top-loading balances.
7 0
3 years ago
Read 2 more answers
Which of these describes what can happen with an adjustable-rate mortgage?
olga55 [171]

Answer:the answer is D

Explanation:

It goes up and down due to the adjustable rate of the mortgage

4 0
3 years ago
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You buy a lottery ticket to a lottery that costs $10 per ticket. There are only 100 tickets available to be sold in this lottery
bazaltina [42]

Answer:

-$2.4

Explanation:

Costs of lottery ticket $10 per ticket.

100 tickets available to be sold

One $430 prize

two $105 prizes

four $30 prizes

100 available tickets -7 prizes= 93

P(430) = 1/100

P(105) = 2/100

P(30) = 4/100

P(-10) = 93/100

-10(93/100) + 30-10 (4/100) + 105-10 (2/100) + 430-10 (1/100)

= -10(93/100) + 20(4/100) + 95(2/100) + 420(1/100)

= -9.3 + 0.8 + 1.9 + 4.2 = -2.4

Therefore the expected loss will be $2.4

5 0
3 years ago
Create a list of five action verbs you might use on a job application to describe skills and/or work history. Here are some exam
kotegsom [21]

Answer:

Examples:

• accomplished

• designed

• initiated

• supervised

• addressed

• corresponded

• persuaded

• publicized

• reconciled

• executed

• monitored

• operated

• consolidated

• appointed

• delegated

• established

Explanation:

Action verbs: One type of power word is an action verb. This kind of verb shows your ability to succeed. These words demonstrate the skills you have used in previous jobs to achieve success. I added in some more because I'm extra.

Hope this helps. :)

7 0
2 years ago
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