The monthly payments, given the selling price, the down payment, and the rate is, D. $540.17
<h3>How to find the monthly payment?</h3>
First, find the loan amount:
= Selling price - down payment
= 104, 000 - 24, 000
= $80, 000
The monthly payment is an annuity because it is constant. To find this annuity, find the monthly periodic rate and the number of monthly periods:
Monthly rate :
= 6.5% / 12
= 6.5%/12
The number of periods is:
= 25 x 12
= 300 months
Then put this into an annuity calculator to find the monthly payment to be:
= Loan amount / Annuity factor
= 80, 000 / 148.1
= $540.17
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This strategic move will positions Zenovia Incorportation to enjoy and benefit from economic arbitrage. Economic arbitrage refers to simultaneous buying and selling of an asset or a product in order to make profit from the price difference. Arbitrage strategy profits by exploiting the price differences of a particular product in different markets.
Answer:
C
Explanation:
will increasethr firm's capital structure weight of dept.
A homeowner fears the construction of a factory nearby will decrease the value of her property. this illustrates the principle of externalities.
Many people are unaware that there are tax advantages for home owners when they purchase, own, remodel and even sell their property. These advantages take the form of tax deductions, which lower your taxable income and hence lower your tax payment.
However, you might be astonished to hear that even though the house was bought with a mortgage, you still own it. As the homeowner, your name is listed on the title. The lender does not actually own your home; rather, they only have a stake in the property and the mortgage note.
According to the Federal Reserve's 2020 Survey of Consumer Finances, if you own your home, you probably have a higher value than someone who rents. The assumption that owning a home is a wise financial decision is supported by the fact that homeowners have a net worth that is more than 40 times bigger than their counterparts who rent.
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Total= $159,552
Giving the following information:
The company has budgeted to sell 15,600 Debs in February.
Sales commissions $ 0.96*15,600= 14,976
Shipping $ 1.46 *15,600= 22,776
Executive salaries $ 60,600
Depreciation on office equipment $ 20,600
Other $ 40,600
Total= $159,552
