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2 years ago

Charles is having trouble making his mortgage payment due to too much debt

Business

2 answers:

White raven [17]2 years ago

8 0

Answer:

a he brokeeeee

Explanation

Tomtit [17]2 years ago

6 0

Answer: debt consolidation under a second mortgage

Explanation:

just took the quiz

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The three primary policy tools available to those officials in charge of our country's monetary policy are a reserve requirement

Olenka [21]

Answer:

a. reserve requirements, the discount rate, and open-market operations.

Explanation:

Monetary policy can be defined as the actions (macroeconomic policies) adopted and undertaken by the central bank of a particular country to control the money supply and interest rates so as to boost or enhance economic growth. The central bank uses monetary policies to manage inflation, economic growth through long-term interest rates and level of unemployment in a country. In order to boost economic growth, monetary policy is used to increase money supply (liquidity) while it is also used to prevent inflation by reducing money supply.

Additionally, money supply comprises of checks, cash, money market mutual funds (MMF) and credit (mortgage, bonds and loans).

The three (3) primary policy tools available to the governmental officials in charge of our country's monetary policy are reserve requirements, the discount rate, and open-market operations.

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2 years ago

Read 2 more answers

You need some money today and the only friend you have that has any is your ‘miserly' friend. He agrees to loan you the money yo

Bingel [31]

Answer:

B. The total interest = $4.35

Explanation:

The first question to answer, is what is the present value of the annuity of the loan and then based on that the total interest can be calculated.

<h2>Present value of annuity= A x [(1-(1+r)-n)/r]*(1+r) </h2>

Where the A represents Annuity = or $20

The r represents the rate or 1.5%

and the n represents the number of periods which is 6 months

Calculating the value =

= 20 x [(1-1.015^-6)/0.015]*1.015

= 20 x [(1-0.91454219251)/0.015]*1.015

= 20*5.782644973

=$115.65

Now that the loan amount is known, the Total Interest can be calculated as follows

Total Interest= number of payments x monthly payments) - the loan amount (calculated above)

= 20 x 6 -115.65

= 120-115.65

The total interest = $4.35

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3 years ago

Cleaning products applied particularly to instruments and equipment to reduce or eliminate infectious organisms are called _____

arlik [135]

Products known as disinfectant

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3 years ago

Andy compares mattresses. A twin sized NightSoft mattress at the large chain BuyRite costs $1,500. The BuyRite salesman and then

valentina_108 [34]

Non-price competition in a monopolistic-ally competitive market is Andy experiencing

Explanation:

The profitability of non-prices applies to the attempts of a dominant corporation to raise its sales and profits by variating goods and production rates instead of lowering the product prices.

Either by modifying the physical attributes or through changes to advertising schemes, a dominant rival may always change his goods.

Varying inventory and distribution prices reduce the company's demand curve and increase production costs.

As a consequence, there will also be a change in the amount of income the organization will gain from extracting the volume of the commodity that equates the MR to MC.

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3 years ago

Following is partial information for Delamunte Industries for the month of August: Work In Process Balance, August 1 $ 41,000 Di

xeze [42]

1. The calculation of the predetermined overhead rate applied to jobs during August is <u>75% of direct labor costs</u> ($90,000/$120,000).

2. The balance in the Work in Process account at the end of August is $61,000.

3. The amounts of direct material cost and applied overhead recorded for Job 248 as of August 31 are $19,000 and $18,000, respectively.

<h3>Data and Calculations:</h3>

Work In Process Balance, August 1 $ 41,000

Direct materials used 75,000

Direct labor 120,000

Manufacturing overhead applied (based on direct labor cost) 90,000

Total costs incurred = $326,000

<h3>Finished Jobs during August: </h3>

Job # Cost of Jobs Completed

234 $ 58,000

237 65,000

231 74,500

246 67,500

Total costs of finished jobs = $265,000

Work in process balance = $61,000 ($326,000 - $265,000)

<h3>Job in Process: Job 248:</h3>

Direct labor cost incurred = $24,000

Applied overhead = $18,000 ($24,000 x 0.75)

Direct materials = $19,000 ($61,000 - $24,000 - $18,000)

Thus, the work-in-process balance represents Job 248 (Direct labor $24,000, Direct materials $19,000, and Applied Overhead $18,000).

Learn more about job costing at brainly.com/question/24516871

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2 years ago