The ____ of a corporation can be defined as a set of values, beliefs, goals, norms, and ways to solve problems shared by members
1 answer:
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Answer:
False
Explanation:
Kevin should not rise the level of production from 5 to 6 as the impact of the price dominates this situation
Also the market is not depend on the Kevin fire engines because of the competitive market
Plus the supply and demand relation is inverse and not depend on the change in price level in a competitive market
If the price is decreased from $160,000 to $120,000 so the quantity of the production would not be impacted
In addition to this, the total revenue could be impacted when there is a reduction in the price that produced more sale due to this there is a slightly change in upward and downward
Also the change would never be in the similar production as compare to the change in price
Therefore the given statement is false
Answer:
20 years mortgage:
maximum loan $ 209, 371.16
interest paid $ 150,628.84
30 years mortage
maximum loan $ 250,187.4216
interest paid $ 289,812.58
Explanation:
20 years mortgage:
C 1,500.00
time 240 (20 years x 12 months)
rate 0.005 ( 6% annual / 12 months per year)
PV $209,371.1575
Quota x number of cuotas - principal = total interest
1,500 x 240 - 209,371.16 = 150628.84
30 years mortgage
C 1,500.00
time 360
rate 0.005
PV $250,187.4216
Quota x number of cuotas - principal = total interest
1,500 x 360 - 250,187.42 = 289,812.58