Answer:
$163,104
Explanation:
loan principal = monthly payment x PV annuity factor
monthly payment = $950
PV annuity factor, 0.4583%, 240 periods = 145.3726
loan principal = $950 x 145.3726 = $138,104
the price of the house = down payment + loan = $25,000 + $138,104 = $163,104
Making<span> the total </span>minimum payment<span> each month </span>means<span> you avoid a late </span>payment <span>fee and ensures you can keep using your card. This is the defenition of making a minimum payment so I would go with answer A</span>
It should be noted that merging of national markets that have historically been distinct and separate is the process of Globalization of Market.
<h3>What is Globalization of Market?</h3>
Globalization of Market can be regarded as the coming together of historically distinct as well as separate national markets making large space of market.
Therefore, Globalization of Market involves merging of national markets that have historically been distinct.
Learn more about Globalization of Market at;
brainly.com/question/4934175
Answer:
The answer is: Negative marginal utility means that at some point you will be worst off if you keep consuming extra units of a product. That means that you will stop consuming that product to stop getting worse even if that product is given to you for free.
Explanation:
The law of diminishing marginal utility states that as someone consumes a product, the satisfaction that they get from the product wanes out as they consume more and more of that product. Eventually they wouldn´t get any more satisfaction from consuming that product, they may even get worse if they consume more of that product (negative marginal utility). At that point they will stop consuming it. They will either change to some other substitute product or not consume at all.
A great example for this is an all you can eat buffet. A person eats until they are full. They may eat a lot, but eventually they will stop eating even if the extra food is "free" or already paid for.
Answer:
11%
Explanation:
A cash-on-cash return is a rate of return often used in real estate transactions that calculates the cash income earned on the cash invested in a property.
Cash on Cash Return= Annual Pre-Tax Cash Flow / Total Cash Invested
