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Ahat [919]
3 years ago
9

you purchase a house and take out a $650,000 loan with a 30-year term at 4.5% nominal annual interest rate (monthly compounding)

. If you pay off the loan at the end of 5 years (after your 60th payment) how much will you have to pay the bank at that time to the nearest penn?
Business
1 answer:
Paladinen [302]3 years ago
5 0

Answer:

$811,238.97

Explanation:

First we have to obtain the effective monthly rate.

A 4.5% nominal annual interest rate is equivalent to a 0.37% monthly rate.

Now we can find the future value of the $650,000, which is the value that you will have paid after 5 years.

The formula is:

FV = PV (1 + i)^{n}

Where:

  • FV = Future value
  • PV = Present value
  • i = interest rate
  • n = number of compounding periods of the interest rate.

Finally, we plug the amounts into the formula:

FV = 650,000 (1 + 0.0037)^{60} \\FV = 811,238.97

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A technician is talking to end users about the specifications for an upgraded application server. The users of the application r
grigory [225]

Answer: RAID 10

Explanation: RAID is a data storage technology that joins various physical disk drives into 1 or more logical units. The aim of this is to improve performance, reduce data redundancy, or to incorporate both of these aspects.

RAID 1+0 or RAID 10, makes use of a minimum of 4 disks, to stripe data across these disks in pairs. This action combines disk striping with disk mirroring to protect data. Data is retrieved so long as 1 disk in the mirrored pair is operational. These functions can improve the system that the technician is trying to fix.

6 0
3 years ago
An Amazon seller is deciding which of their products to invest in for the next quarter to maximize their profits. They have each
Aleksandr [31]

This question is about the sales strategy for online selling portal Amazon.

An Amazon seller is identifying strategy to revive its declining sales. The seller wants to maximize its revenue by adopting optimum product mix for next quarter.

The maximum profit can be calculated using the following :

maxProfit (k , profit): n = len(profit) rotate = n // 2

windowSum = float('-inf') iterator = 0

Conclusion: The products which are showing positive trend in the market should be placed visible for the next quarter. The products products profit is estimated to be equal to cost to invest which the price of product plus its launching expense.

Formula: The maximum profit a seller can achieve through this strategy is (k , profit):

n = len(profit) rotate.

Learn more Business at brainly.com/question/26144002

8 0
3 years ago
In the short run a) a firm does not have sufficient time to change any of the resources it uses. b) a firm does not have suffici
timama [110]

Answer:

c) a firm does not have sufficient time to change the level of use some of its inputs.

Explanation:

The definition of short-run in economics is not a term to be used for a specific certain period of time but it means that the period of time is too short that the firms cannot change the level they are using of some of their inputs or costs. It means they do have fixed costs they cannot change. For example, all machinery installed, a yearly rent paid, electricity or others that the firm cannot change unless there is sufficient time. In a short period of time, it will have those costs anyway. The firm cannot change the level of that input. And it is short run of at least one input. It may be many. But it is not necessary to have all inputs unchanged to consider that period of time as short-run.

However, firms can change level of inputs if they have more time. That is cost the long run. All costs are variable costs when we are in long run.

3 0
3 years ago
What are the central concerns of economics?
attashe74 [19]
"<span>B) Resource use, production, and distribution of goods and services" is the correct answer. Economics is really a study of limited resources, and how people make choices. </span>
5 0
3 years ago
In Jackson Jones Company, land decreased $270,000 because of a cash sale for $270,000, the equipment account increased $90,000 a
marin [14]

Answer:

The answer is D. $180,000

Explanation:

Investing activities is about spending on long term asset or long term investments.

Under investing activities in cash flow, what constitutes inflow is the sales of these long term assets like plant and machinery and what constitutes outflow is the purchase of these assets.

In this question, the inflow is the sale of equipment which us $270,000 and outflow is the purchase of equipment for $90,000.

So net cash flow from investing activities is:

$270,000 - $90,000

=$180,000

5 0
3 years ago
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