The outstanding balance of the mortgage loan is $193,939.29.
<h3>What is
mortgage loan?</h3>
A mortgage loan is a type of loan that enables an individual to purchase a home and are provided by either a mortgage lender or bank.
Present value of annuity = Annuity [1 - (1+interest rate/12)^-(12*time period)]/(rate/12)
Present value of annuity = $1449*[1-(1+0.07625/12)^-(12*25)]/(0.07625/12)
Present value of annuity = $1449*[1-(1+0.00635416667)^-(300)]/0.00635416667
Present value of annuity = $1449*[1-(1.00635416667)^-(300)]/0.00635416667
Present value of annuity = $1449*[1-0.149535834]/0.00635416667
Present value of annuity = $1449*133.843541
Present value of annuity = $193,939.29
In conclusion, the outstanding balance of the mortgage loan is $193,939.29.
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The best estimate of the current stock price is $48.31.
<h3>
What is dividend?</h3>
Dividend refers to the profit earned after reducing all the expenses and the cost. The dividend is the money distributed to the stakeholders by the company.
According to the above case, The pineapple Company earned the dividend of $1.75 and growth rate is constant at the rate of 25% for 2 years.
The best price estimate of the current stock = =[$1.75(1.25)2(1.06)]/(0.12-0.06)
= $48.31.
The best estimate of the current stock price is $48.31.
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Answer: A
Explanation: by purchasing supplies and services as a group
When a government's expenditures on goods, services, or transfer payments exceed their tax revenue, the government has run a budget deficit. Governments borrow money to pay for budget deficits.
<h3>What is budget deficit ?</h3>
An overrun in spending over income results in a budget deficit, which can be a sign of a nation's financial stability. The phrase is frequently used to describe government spending rather than that of companies or people.
An annual financial statement of the government's proposed revenues and expenditures is known as a budget. The overall gap between government revenues and expenditures is known as the government budget balance, also known as the general government balance, public budget balance, or public fiscal balance.
A government budget deficit is denoted by a negative balance, and a surplus is denoted by a positive balance. For each level of government, a budget is created that accounts for public social security commitments.
The primary balance and interest payments on the total amount of accumulated government debt make up the government budget balance; the two together determine the budget balance.
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