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rewona [7]
3 years ago
9

Ironwood Bank is offering a 30​-year mortgage with an APR of 6.25 % based on monthly compounding. If you plan to borrow $ 163 co

mma 000​, what will be your monthly​ payment?

Business
1 answer:
GenaCL600 [577]3 years ago
3 0

Answer:

$1,003.62

Explanation:

We use the PMT formula that is shown in the attachment below:

Provided that

Present value = $163,000

Future value = $0

Rate of interest = 6.25% ÷ 12 = 0.5208333%

NPER = 12 months × 30 = 360 months

The formula is shown below:

= PMT(Rate;NPER;-PV;FV;type)

The present value come in negative

So, after solving this, the monthly payment is $1,003.62

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Which tsa resource helps ga operators, including facility managers and owners, employ basic security measures?
romanna [79]

Aircraft Operator Security Coordinator (AOSC) helps GA operators, including facility managers and owners, employ basic security measures

What does the security coordinator for aviation operators do?

A review of all security-related tasks for which the aircraft operator is accountable, for effectiveness and compliance with this part, the aircraft operator's security program, and applicable Security Directives. This review must be done every day by the ground security coordinator at each airport.

Who should serve as the aircraft operator's main point of contact with the TSA?

As specified in the security program, the AOSC and any alternates must be chosen at the corporate level and act as the aircraft operator's main point of contact for all security-related tasks and interactions with TSA. The AOSC or a substitute AOSC shall be accessible 24 hours a day.

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3 0
2 years ago
Inventories held for sale in the normal course of business are classified in the balance sheet as?
Iteru [2.4K]

Inventories held for sale in the normal course of business are classified in the balance sheet as Current liabilities.

<h3>What is meant by current liability?</h3>

This is the term that is used to refer to all of the financial obligations that the customer would have to have due to themselves in the long run. These are the liabilities that are known to be dropped in the current assets and would then be settled in the course of a year.

Hence we can say that Inventories held for sale in the normal course of business are classified in the balance sheet as Current liabilities.

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4 0
2 years ago
How can a positive relationship between the expected return on a security and its beta be justified?
pogonyaev

A positive relationship between the expected return on a security and its beta is justified because there is likely to be a positive discrepancy between the market's return and the risk-free rate.

What do you mean by the significance of the beta coefficient explain it?

The beta coefficient calculates the likelihood that the price of a stock or security will fluctuate in response to changes in the market price. A stock or security's beta can also be used to calculate the systematic risks connected to investment.

What is the significance of the beta coefficient concerning the risk of security?

A stock's volatility can be compared to the systematic risk of the entire market using a beta coefficient. The slope of a line through a regression of data points is known statistically as beta.

Learn more about the relationship between the expected return on a security and its beta: brainly.com/question/24000487

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8 0
2 years ago
Refer to Exhibit 26-3. If Firms J, K, and L were to merge, the four-firm concentration ratio would ____________________ and the
FinnZ [79.3K]

Answer:

A

Explanation:

See attached file

5 0
3 years ago
The subject line in an email helps the recipient decide which messages to read and ______________ to read them.
Sophie [7]

Answer:

Is it The email subject line helps recipients decide which messages to read and when to read them

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