A number to the 7th power divided by the same number to the 3rd power equals 256.What is the number?

You want to buy a house that costs $240,000. You will make a down payment equal to 20 percent of the price of the house and fina

Anvisha [2.4K]

Answer:

The correct answer is $1,067.38

Explanation:

According to the scenario, the given data are as follows:

House cost = $240,000

Down payment = 20% × $240,000 = $48,000

Amount of loan (p) = $240,000 - $48,000 = $192,000

Time period ( compounded monthly) (t) = 30 years × 12 = 360 months

Rate of interest = 5.31% = 0.0531

Rate of interest Monthly (r) = 0.0531 ÷ 12 = 0.004425

In this question, we use the PMT formula which is shown in the spreadsheet.

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 $1,067.38

8 0

3 years ago

Organizations are using social computing in which of the following functions?

Anarel [89]

Answer:

D) All of these

Explanation:

Social computing is related to Computer Science. It however, looks at the intersection or link that exists between computational systems and social behavior. <u>Social Computing specifically observes human or social behavior and used the data gathered to design systems, software and environments that can interact socially with humans</u>. The objective of this design is to make information on several areas available to people and also allow for adequate interactions.

Social computing is everywhere, from the e-mails to the use of the social media, advertisements and use of blogs among several others. Social computing therefore is not just used by organisations for only a single function but it is now integrated into most if not all the functions of businesses.

For instance, social networks and blogs are currently being used for marketing. Customer needs can be tailored based on their cookies from their browsers and then relevant sales or product information can be sent to individual customers based on preferences. This is Customer Relationship Management. Finally, It is easier to recruit now and check the status of individual employee or potential employee on social sites, send them emails as well as instant messages.

3 0

4 years ago

A podcaster has become quite talented at writing and producing content celebrating positive news. The podcaster bought professio

FromTheMoon [43]

create a budget this will help with his economic issues

5 0

2 years ago

Read 2 more answers

Assets are a.equal to liabilities less stockholders' equity b.always lower than liabilities c.financed by the stockholders and/o

Kazeer [188]

Answer:

The answer is C.

Explanation:

Assets of a company or firm is the addition of both liabilities and shareholders' equity.

The capital structure of a company mostly comprises debt and equity i.e it is either financed by debt (short-term and long-term debt) and equity (contribution from its owners).

Option A is not correct. That term is for shareholders' equity and not for asset.

Option B is not correct because either asset or liability can be lower or higher.

3 0

3 years ago

The Frank Company has issued 10%, fully participating, cumulative preferred stock with a total par value of $300,000 and common

jeka57 [31]

Answer:

(D) $60,000 to preferred and $162,000 to common

Explanation:

Annual preference dividend = 10% * $300,000 = $30,000

Since dividends for the previous year were not paid, and the preference stock are cumulative, previous year dividend will need to be paid. ($30,000).

However, since no participating rule was defined, no additional dividend will be paid on preference stock.

Therefore, total payment on preference stock = current year dividend + previous year arrears = $30,000 + $30,000 = $60,000.

The balance will be paid on common stock

= $222,000 - $60,000 = $162,000

6 0

3 years ago