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natita [175]
3 years ago
10

Jan sold her house on December 31 and took a $35,000 mortgage as part of the payment. The 10-year mortgage has a 8% nominal inte

rest rate, but it calls for semiannual payments beginning next June 30. Next year Jan must report on Schedule B of her IRS Form 1040 the amount of interest that was included in the two payments she received during the year.
a. What is the dollar amount of each payment Jan receives? Round your answer to the nearest cent.
b. How much interest was included in the first payment? Round your answer to the nearest cent.
c. How much repayment of principal was included? Round your answer to the nearest cent.
d. How do these values change for the second payment?

Business
1 answer:
slamgirl [31]3 years ago
7 0

Answer:

attached below

Explanation:

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A nation whose interest rate is rising more rapidly than interest rates in other nations can expect the international value of i
Pavlova-9 [17]

Answer:

true

Explanation:

The exchange rate is the rate at which one currency is exchanged for another currency

If interest rate is higher in a country compared to other countries, investors would be interested in investing in that country because they would earn a higher return for their investment.

As a result of the higher flow of funds into the economy with the higher interest rate, the demand for the country's currency increases. If the demand increases relative to supply, the value of that currency relative to other currencies increases and its exchange rate increases. this is what is referred to as currency appreciation

6 0
3 years ago
In picking the smoothing constant for an exponential smoothing model, we should look for a value that______________.
kicyunya [14]

Answer:

Answer is the one which produces values which compare well with actual values based on a standard measure of error.

Explanation:

Exponential smoothing is one means of preparing short-term sales forecasts on a routine basis. To use exponential smoothing, however, one must decide the proper values for the smoothing constants in the forecasting model. One method for selecting the smoothing constants involves conducting a grid search to evaluate a wide range of possible values.

Exponential smoothing forecasting methods use constants that assign weights to current demand and previous forecasts to arrive at new forecasts.   Their values influence the responsiveness of forecasts to actual demand and hence influence forecast error. Considerable effort has focused on finding the appropriate values to use.

One approach is to use smoothing constants that minimize some function of forecast error. Thus, in order to select the right constants for forecasting, different values are tried out on past time series, and the ones that minimize an error function like Mean Absolute    Deviation (MAD) or Mean Squared Error (MSE) are the ones used for forecasting

3 0
3 years ago
sadiya, who owns a dance studio, consistently reminds her employees that dance lessons are a luxury for customers, so they shoul
Kitty [74]

When Sadiya makes statements to her employees about the characteristics of dance classes, which should be informative and fun, she is explicitly stating values ​​and norms preferred by her organization.

As the owner of the dance studio, she manages and coordinates her collaborators for the institution of organizational culture focused on the studio's vision, mission and values.

An organization focused on offering a differentiated and quality service to the customer will increase its value, positioning and competitiveness.

Therefore, through her services, Sadiya aims to generate value to her customers through informative and fun dance classes, increasing the loyalty and success of her business.

Learn more here:

brainly.com/question/10770331

5 0
3 years ago
On January 1, 2015, Lake Co. purchased a machine for $1,056,000 and calculated depreciation using the straight-line method, with
melamori03 [73]

Answer:

$584,000

Explanation:

The computation of the accumulated depreciation is shown below:

But before that following calculations need to be determined

Depreciation for 3 years = $1,056,000 ÷ 8 years × 3 years

= $396,000

Now the written down value is

= $1,056,000 - $396,000 - $96,000

= $564,000

For one year it would be

= $564,000 ÷ 3

= $188,000

Now the accumulated depreciation is

= $396,000 + $188,000

= $584,000

7 0
3 years ago
Brandi, a sales trainee, watched as her sales supervisor chatted with a prospect's secretary in a very friendly manner. Brandi f
Mazyrski [523]

Answer:

Secretary are rich source of information about a prospect and important for successful sales call.

Explanation:

Brandi's supervisor is only trying to establish a relationship and also a general knowledge base about the prospect from the secretary because they tend to be rich In Information and well detailed about their boss, this information the sales supervisor is gathering will come handy when he finally meets the prospects as that might be a leveling ground whereby he can launch his sales idea to the prospect.

The Secretary also have the to do list of the boss per day and help plan schedule over time so they can always chip in the sales representative in for subsequent meet up and that can only happen if a great connection was established in the first meeting.

6 0
3 years ago
Read 2 more answers
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