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Orlov [11]
3 years ago
5

Why did the housing market crash in 2008

Business
2 answers:
Komok [63]3 years ago
8 0
Because the banks were down
dybincka [34]3 years ago
4 0
Banks ran out of business
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Taking a college course and recieving both high school and college credit is called?
Dmitry_Shevchenko [17]

Answer:

dual enrollment

Explanation:

8 0
3 years ago
George, a regional manager for a global corporation, is meeting with several upset managers from the Rome plant about Steve, who
Gnesinka [82]

Answer: Parochial

Explanation: A style of management in which the manager having decision authority considers every situation only from his or her own perspective is called Parochial management style. The parochial mangers are the one with illiberal thinking they only considers the situation on the pros and cons related to themselves.

In the above case study, as per the description of the assistant, we can conclude that Steve is a parochial manager.

4 0
3 years ago
You have just sold your house for $ 1000000 in cash. Your mortgage was originally a​ 30-year mortgage with monthly payments and
DedPeter [7]

Answer:

cash will you have from the sale once you pay off the mortgage is $ 510194.55

Explanation:

given data

sold your house = $1000000

time t = 30 year  = 360 month

initial balance P = $750,000

mortgage currently exactly​ = 18½ years  = 138 months

interest rate r = 7.75 % = 0.646% per month

solution

we get here monthly loan payment  that is

C = P ÷   \frac{1}{r} \times (1-\frac{1}{(1+r)^n})      ...............1

Putting values in formula we get

C = 750,000 ÷  \frac{1}{.00646} \times (1-\frac{1}{(1+0.00646)^{360}})  

C = $5374.12

so monthly payment is $5374.12

and here Balance after 18.5 year will be

Balance after 18.5 year  = $5374.12  × \frac{1}{0.00646}   ×  (1-\frac{1}{1.00646^{138}})      

Balance after 18.5 year  = $489805.45

and  

we received here $1000,000 excess cash received is

cash received = 1000,000 - 489805.45

cash received = $ 510194.55

4 0
4 years ago
You borrowed $20,000 to finance the education expenses for your senior year of college at the beginning of your senior year. The
TEA [102]
Yes i is a time to come get over me and then go
4 0
3 years ago
Explain five importance of a division of labour in production​
bearhunter [10]

Explanation:

INNOVATION: When workers are set specific tasks, that is their pure focus. So it becomes easier to see pitfalls in the existing process. Doing the same task each day makes it easier to analyse areas for improvement. It takes up more of the brains processing power, so it is at the forefront of a workers mind.

HIGHER WAGES: It must be said that not all the productivity gains are necessarily passed on to the consumer. A proportion may go to profits, whilst some may go to higher pay for employees.

CHEAPER PRODUCTS: It must be said that not all the productivity gains are necessarily passed on to the consumer. A proportion may go to profits, whilst some may go to higher pay for employees.

PRODUCTIVITY: When workers focus solely on a specific task, they can master it quicker and more efficiently. In turn, workers become more productive.

EFFICIENT MASTERY: Without the division of labor, mastery of a skill takes much longer. This is because a workers attention is spread across many areas.

For instance, it would be difficult to master a language if you are also trying to learn the piano, engineering, CSS, and economics. So, the division of labor allows the worker to focus and master a specific part of the process, which helps them learn it faster.

6 0
3 years ago
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