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Serga [27]
3 years ago
10

This year, Clearwater Inc., will produce 55,600 hot water heaters at its plants in Harrisburg, PA in order to meet its expected

demand. To accomplish this, each laborer at the Clearwater Plant will work 150 hours per month. If the labor productivity at the plant is 0.20 water heaters per labor-hour, How many heaters can one labor produce every month?
Business
1 answer:
Inga [223]3 years ago
6 0

Answer:

Working 150 hours and producing 0.2 water heater per hour, each worker produce 30 heater per month.

Explanation:

the productivity is 0.20 water heater per labor-hour

during the month an employee works 150 hours

to know the amount of water heater per laborer, we will multiply the productivity rate by the amount of hours per month

150 hours x 0.2 = 30 water heater

Each employee produces 30 water heater.

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Agricultural researchers plant 100 plots with a new variety of corn and measure the mean yield for these plots in bushels per ac
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Answer:

A

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Anita is applying for a job with Greyhound Bus to work as an intercity bus driver. According to a 1974 court ruling regarding Gr
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2 years ago
A 3/1 ARM is made for $150,000 at 7 percent with a 30-year maturity. a. Assuming that fixed payments are to be made monthly for
Neko [114]

Answer:

a. Assuming that fixed payments are to be made monthly for three years and that the loan is fully amortizing, what will be the monthly payments? What will be the loan balance after three years?

  • monthly payment = $997.95
  • principal balance after 36th payment = $145,090.59

b. What would new payments be beginning in year 4 if the interest rate fell to 6 percent and the loan continued to be fully amortizing?

  • monthly payment = $905.34

c. In (a) what would monthly payments be during year 1 if they were interest only? What would payments be beginning in year 4 if interest rates fell to 6 percent and the loan became fully amortizing?

a. $875

b. $935.98

Explanation:

A 3/1 adjustable rate mortgage is a 30 year mortgage where the interest rate is fixed for the first 3 years, and then it can vary.

I prepared an amortization schedule that shows the first 3 payments with a 7% interest rate and then the rest of the payments will carry a 6% interest rate.

The monthly payment for the first 36 months is $997.95 (principal balance after 36th payment $145,090.59), then it decreases to $905.34 per month.

See amortization schedule 1

if the monthly payments only covered interest expenses during the first 3 years, they would be $150,000 x 7%/12 = $875

then the monthly payments would be $935.98.

See amortization schedule 2

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6 0
3 years ago
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