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
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

You might be interested in
to obtain approval for the scope document, the project manager will do which of the following activities? a.) review input from
OlgaM077 [116]

To obtain approval for the scope document, the project manager will interview input from key stakeholders to determine if the scope needs additional changes.

A scope document is simply a piece of formal documentation which is outlining both product scope and as well as the project scope. Before diving into a new project, the project manager and his team and any other stakeholders will need to agree on the scope of the project.

So, it is the responsibility of one of the project manager to ensure that only the needed work will be performed and that each of the deliverables can be completed in the allotted time and within the estimated budget.

Hence, option A is correct.

To learn more about the scope document here:

brainly.com/question/15229575

#SPJ4

6 0
1 year ago
Follow meeeeee if girl
Dmitry_Shevchenko [17]
Heyyyyyy thanks for the points, have a nice day/night wtv :)
6 0
3 years ago
Read 2 more answers
Three categories of economic activities included in the business services sector of the economy include
ch4aika [34]
<span>information, research, and management This an approach to portray a learning based part of the economy, which normally incorporates administrations, for example, data innovation, data age and - sharing, media, and innovative work, and also information based administrations like discussion, training, money related arranging, blogging, and planning. The quaternary segment depends on learning and ability. It comprises of scholarly ventures giving data administrations, for example, figuring and ICT , consultancy and R&D . As per a few definitions, the quaternary area incorporates other unadulterated administrations, for example, media outlets, and the term has been used to depict media, culture, and government.</span>
7 0
3 years ago
Read 2 more answers
I need help with 9 and 10 please ​
sweet-ann [11.9K]

9. D) 73.50

8.4%*$875

Move the decimal place to multiply by a percent:

.084*875= $73.50

10. D) $15,917

(100 shares * $44.41/per share)+ (600 shares *$19.08 per share) + (.04* [600+100])

($4,441) + ($11,448)+ ($28)= $15.917

3 0
3 years ago
Power distance refers to the extent of the gap between
iogann1982 [59]

Answer:

Option "D" is the correct answer to the following question.

Explanation:

Power distance is a type of inter-boundary that is found in different individuals within the same society. Power distance is not found to be appropriately distributed in the society, it is usually the thinking of lower ranks.

The more complexities in a culture, the more the difference between individuals will increase.  

But in the modern era, people from different cultures are working together, due to which people of lower rank are also encouraged to move forward.

4 0
3 years ago
Other questions:
  • business processing company, trains all of its employees in handling customer calls. After the completion of the training, the c
    8·1 answer
  • On January​ 2, 2019, Kornis Corporation acquired equipment for $1,000,000. The estimated life of the equipment is 5 years or 100
    15·1 answer
  • Who is responsible for applying skills, knowledge, and project management tools and techniques to project activities to successf
    15·1 answer
  • Legal forms are most like _____.
    11·1 answer
  • Jackson Company had a net increase in cash from operating activities of $10,000 and a net decrease in cash from financing activi
    8·1 answer
  • Sal has heard a lot about his town's country club. He heard it has a great golf course, tennis courts, and dining room. In addit
    15·1 answer
  • Juan argued that bluegrass is the best food for cattle in the Midwest. Sammy objected by citing how the authorities at the U.S.
    14·1 answer
  • In preparing its bank reconciliation for the month of April 2018, Coronado, Inc. has available the following information. Balanc
    5·1 answer
  • How much money should typically be put into your emergency fund?
    9·1 answer
  • The company has 7 million shares of common stock outstanding. The current share price is $68, and the book value per share is $8
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!