1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ann [662]
3 years ago
14

A mortgage is paid off in 30 years with a total of $124,000. It had a 2% interest rate that compounded monthly. What was the pri

ncipal
Business
1 answer:
Natasha2012 [34]3 years ago
8 0

Answer:

the Principle, PV on the mortgage was $68,086.64.

Explanation:

The Principle on the mortgage, PV is determined as follows :

FV = $124,000

N = 30 × 12 = 360

P/ yr = 12

PMT = $0

R = 2%

PV = ?

Using a Financial Calculator, the Principle, PV on the mortgage was $68,086.6399 or $68,086.64.

You might be interested in
The Porch Cushion Company manufactures foam cushions. The number of cushions to be produced in the upcoming three months follows
yKpoI14uk [10]

Answer: 25,200 pounds

Explanation:

Your question is incomplete as it lacked the first part. I attached a completion that I found.

The company has a policy that the ending inventory of foam each month must be equal to 30% of the following month's expected production needs.

This means that in August, the Opening inventory will be 30% of what was is needed in August and the Closing Inventory will be 30% of what is needed in September.

Remember that each cushion requires 2 pounds of foam as stuffing.

Pounds required in August

= 12,000 cushions * 2

= 24,000 pounds

Opening Stock

= 30% * (12,000 * 2)

= 7,200 pounds

Closing stock

= 30% * ( 14,000 * 2)

= 8,400 pounds.

Foam needed to be purchased in August = Pounds required tonbe produced + Closing Stock - Opening Stock

= 24,000 + 8,400 - 7,200

= 25,200

25,200 pounds of foam are what The Porch Cushion Company needs to purchase in August.

7 0
3 years ago
Please please.pleas help me
Scilla [17]
Answer: in pic
explanation: found here https://environmental-conscience.com/being-a-consultant-pros-cons/

8 0
3 years ago
Determine the amount of the 2018 standard deduction allowed in the following independent situations. In each case, assume the ta
wlad13 [49]
I believe it’s b.
Sorry if it’s wrong I’m not sure
4 0
3 years ago
In the context of the stages of organizational decline, which of the following is a difference between the faulty action stage a
balu736 [363]

Answer:

The correct answer is B

Explanation:

Organizational decline happen or occur when the companies or the firms does not anticipate, acknowledge, adapt the external or the internal pressures or neutralize, which threaten the survival of the company or firm.

And in the stage of the faulty action, it arises because of the increasing costs and the decreasing profits and the market share. The management states the plans of the belt tightening, which is established or designed in order to cut the costs, restore the profits and to increase the efficiency.

The stage of crisis, where the dissolution or the bankruptcy is likely to happen unless the firm completely acknowledge the way it does the business. But the companies lack the resources required to fully change how they should run their business.

4 0
3 years ago
Cyclical unemployment refers to A. the portion of unemployment created by job search. B. the portion of unemployment created by
myrzilka [38]

Answer:

i pretty sure its c but if it wrong just let me know

Explanation:

it pretty much makes sence

can i get brainlest

6 0
3 years ago
Other questions:
  • Amelia has been working as a teataster for approximately 15 years. She visits tea gardens in the country of Bodonia to grade tea
    12·2 answers
  • On January 1, 2020, JWS Corporation issued $600,000 of 7% bonds, due in 10 years. The bonds were issued for $644,636, and pay in
    13·1 answer
  • The board at Nuance Opticals offers help in providing direction and advice to the​ company, but it possesses no legal responsibi
    9·1 answer
  • Shannon has been a member of her school's news paper club for two years and attends writing workshops in her free time.Witch car
    13·1 answer
  • Fournotts Corp., a sports shoe manufacturer, launched a new sports shoe.As a part of publicity, it invited its customers to try
    15·1 answer
  • Why are junk bonds more popular during a bear market
    10·1 answer
  • Net sales $410,660 Cost of goods sold (purchased items) $102,500 Net income after taxes $ 45,415 Current assets $299,665 Current
    14·1 answer
  • In Maddie's company, senior officers eat in the same cafeteria as the entry-level workers. On a trip to a different country, she
    6·1 answer
  • Dawson Manufacturing produces and sells DVD players and is planning to expand sales internationally. Dawson has narrowed down th
    7·1 answer
  • The steps used by businesses to develop a customer profile survey include___.
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!