Answer:
I RLLY NEED THESE POINTS IM SO SORRY!
Explanation:
Answer and Explanation:
The computation is shown below:
As we know that
Monthly payment of a loan is given by
P = L [r(1 + r)^n] ÷ [(1 + r)^n - 1]
where,
P = Monthly payment = ?
r = Interst rate = 0.1 ÷ 12 = 0.00833
n = Term = 15 × 12 = 180
L = Loan amount = 900000
Now
P = $900,000 [0.00833(1 + 0.00833)^180] ÷ [(1 + 0.00833)^180 - 1]
= $9671.4461
Now
The Monthly payment for 30-year loan
P = $900,000[0.00833(1 + 0.00833)^360] ÷ [(1 + 0.00833)^360 - 1]
= $7898.1441
So,
Difference is
= $9671.4461 - $7,898.1441
= $1,773.3019
b.
Now
Total payment for 30-year loan is
= $7,898.1441 × 180
= $2,843,331.8871
And,
Total payment for 15-year loan is
= $9,671.4461 × 360
= $1,740,860.2907
So,
Difference is
= $2,843,331.8871 - $1,740,860.2907
= $1,102,471.60
i.e. option c
Answer:
The current price of the stock is b. $38.62
Explanation:
Hi, in order to find the current price of the stock, first we need to find the amount paid as a constant dividend, the formula is as follows.
So, things should look like this
So the amount of constant dividend tha this company is paying is $1.12/share
Now we can find the current price using the same equation and solving for "Price",
Therefore, the current price of the stock is $38.62, that would be option b.
Best of luck:
The correct Court of Appeals district based on the States listed below are:
- Tenth
- Eighth
- Ninth
- Fifth
- Seventh
<h3>What is a Court of Appeal?</h3>
This refers to the special court where people who are not satisfied with the judgement passed in a district court come to so that the case can be re-tried.
With this in mind, if a taxpayer in the United States is looking to appeal a decision which was made by a U.S. District Court, the correct Court of Appeals district based on Wyoming. b. Nebraska. c. Idaho. d. Louisiana. e. Illinois are:
- Tenth
- Eighth
- Ninth
- Fifth
- Seventh
Read more about Appeal Court here:
brainly.com/question/39520
Answer:
you need a 4.0 gpa to be in the junior honor society
Explanation:
cause
