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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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5. How do coordination structures help organize and measure the whole community's capabilities?
12345 [234]

Coordination structures help organize and measure the whole community's capabilities by facilitating problem-solving.

  • It should be noted that coordination structures are vital in organizing the capabilities of the community and measuring them.

  • Also, it's vital in ensuring that there are response efforts that are organized In order to address different risks which are based on the governing structures and demographics.

  • Therefore, it's necessary for facilitating problem-solving.

In conclusion, the correct option is C.

Read related link on:

brainly.com/question/22290770

8 0
2 years ago
Del Norte Brick Co. is located near the intersection of Texas, New Mexico, and Mexico. Improved access to the company’s property
OLEGan [10]

Answer:

Depreciation for year 3 = $115518

BV = $57798

Explanation:

The modified accelerated cost recovery method employees a classification-based approach to depreciating certain assets, once classified are assigned respective rates of depreciation. for example, assets classified under automobiles, trucks and machinery are treated under 5-year MACRS and will be depreciated at 20%, 32%, 19.2% and so on.

In this question the bridge across Rio Grande being built by Del Norte Brick co is treated under 3-year MACRS, for which the rates are as follows:

33.33% for the first year

44.45% 2nd year

14.81% 3rd year

7.41% 4th year

We have been asked to determine 3rd years' depreciation and book value, determined as follows:

Depreciation year 1: $780000 33.33% = $259974

Depreciation year 2: $780000 44.45% = $346710

Depreciation year 3: $780000 14.81% = $115518

So the depreciation for year 3 = $115518

The book value is calculated as follows:

<em>Book value = cost - accumulated depreciation</em>

BV = $780000 - $722202

BV = $57798

6 0
3 years ago
Company P has owned 80 percent of Company S for a number of years. This year Company P bought inventory for $100,000 and sold it
Vesna [10]

Answer:

don't know

Explanation:

3 0
2 years ago
Green Valley Exporters USA has $100,000 of before tax foreign income. The host country has a corporate income tax rate of 25% an
Vinil7 [7]

Answer:

Amount paid in host country will be = Income * Tax rate in host country = $100,000*25% = $25,000

Amount paid in US will be Income * Tax rate in US - Tax paid in host country (Since the tax rate in host country is lower than USA) = $100,000*35% - $25,000 = $35,000 - $25,000 = $10,000

7 0
3 years ago
Give an example of a public franchise and an example of a public enterprise. an example of a public franchise is
Masja [62]
<span>I took this before, it's a firm that is the​ sole, government-designated provider of electricity​, and an example of a public enterprise is the government directly providing sewage service.

(:
</span>
6 0
3 years ago
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