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3 years ago

Why might it be important to get a lower interest rate on a mortgage?

Business

2 answers:

lyudmila [28]3 years ago

8 0

A. It might be important to get a lower interest rate on a mortgage because it means lower monthly payments.

Zepler [3.9K]3 years ago

5 0

Answer:

A higher monthly payment

Explanation:

did test on edg and this is right

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What is latin america's "informal sector", and how does it serve as a barometer for its economy? in your discussion please provi

Grace [21]

The informal sector (also known as informal or "grey" <em>economy</em>) is not taxed or monitored by the government and is made up of people who are self employed. The informal sector can be large or small depending on the country, and is hard to measure. The contributions of the informal sector are not calculated into a country's GDP.

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4 years ago

acc 340 Perry Corp. reports operating expenses in two categories: (1) selling and (2) general and administrative. The adjusted t

Contact [7]

Answer:

$1,230,000

Explanation:

The computation of the amount included in the general and admin expense is shown below:

= Accounting and legal fees + Officer salaries + Half of rent

= $420,000 + $540,000 + (540,000 ÷ 2)

= $1,230,000

We simply added the accounting & legal fees, officer salaries and half rent so that the amount involved in general and admin expense could come

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4 years ago

Your firm is a U.K.-based importer of bicycles. You have placed an order with an Italian firm for €1,000,000 worth of bicycles.

Gwar [14]

Answer:

( A) £803,721.49

Explanation

==> Present value of €1,000,000 = 1000000/1.02 = €980,392.16

===> Converting Euro into US Dollar using spot exchange rate

€980,392.16×1.56 = $1,529,411.77

===>Converting US Dollar into Pounds using spot exchange rate

$1,529,411.77/1.96 = £780,312.13

===> investing this amount in UK

==>the amount of €1,000,000 is collected from French firm and it is used to repay the Euro loan

Step – 5 maturity value of pounds investment is received

£780,312.13 × 1.03 = £803,721.49

Therefore the answer is £803,721.49

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4 years ago

Susan put her savings into a mutual fund that paid a nominal interest rate of 3 percent a year at the beginning of 2005. The CPI

Kay [80]

Answer:

-0.11% a year

Explanation:

Susan's real interest rate is the nominal rate of her investment subtracted by the percentage increase in CPI.

The percentage increase in CPI for 2005 was:

$CPI = \frac{232-225}{225}*100 \% \\CPI= 3.11 \%$

Therefore, Susan's real interest rate (i) was:

$i = 3.00 - 3.11\\i = -0.11 \%$

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3 years ago

_____ are best described as costs that occur due to political maneuvering by managers to control capital and resource allocation

Ipatiy [6.2K]

Answer:

The Answer is

Explanation:

INFLUNCE COST

8 0

3 years ago