Answer:
Monthly Repayment on Loan = $2634.06
Explanation:
given data
principal = $552,000
annual interest rate = 4% = 0.333% monthly
solution
for get here fair value monthly mortgage payment we consider here time period is 30 year = 360 months
so now we apply here Monthly Repayment on Loan formula that is
Monthly Repayment on Loan = principal ×
.................1
put here value and we get
Monthly Repayment on Loan = 552000 ×
Monthly Repayment on Loan = $2634.06
Answer:
$358,000
Explanation:
Calculation to determine how much cash should Sioux expect to collect during the month of April
April sales collected in April ($370,000 × 60%) $222,000
March sales collected in April ($340,000 × 40%) $136,000
Total cash collections in April $358,000
($222,000+$136,000)
Therefore the amount of cash that Sioux should expect to collect during the month of April is $358,000
Answer:
Peter's percent value-added time is just over 3%. is the correct statement
Explanation:
Answer:
Stop assuming then....hehe haha don't know ur previous ques and too lazy to open it and even too lazy to read it full sorry
Answer:
The amount of fees that Jill will pay this year=$248.20
Explanation:
Expense ratio is a measure of how much fees that fund management firms charge their clients for their investments services. These fees cover administrative and operational costs. In our case, the expense ratio will be expressed as the fees that Jill will pay as a portion of the total amount she invested. The expense ratio can be expressed as shown;
ER=C/A
where;
ER=expense ratio
C=total funds cost
A=total funds assets
In our case;
ER=0.17%=0.17/100=0.0017
C=unknown to be determined
A=$146,000
replacing;
C=ER×A
C=0.0017×146,000=$248.20
The amount of fees that Jill will pay this year=$248.20