$160000 x 1.06 = $169600
$169600 - 160000 = $ 9600 per year
$9600 / 12 = $ 800 per month
160000 / 360 month = $ 444.44 per month
800 + 444.44 = $ 1244.44 monthly peyment
<span>It
is an example of the primacy effect. Primacy effect is one of the two main
components of a broader concept known as the serial position effect. The serial position
effect says that when given a list of information and later asked to recall
that information, the items at the beginning (primacy) and the items at the end
(recency) are more likely to be recalled than the items in the middle.</span>
Its common-size percent for cash equals 8.77%.
Cash is prison gentle—currency or coins—that may be used to change items, debt, or offerings. Every so often additionally it is the value of the property that may be easily converted into coins right away, as stated through an employer.
A cash price is bills or cash paid by the recipient of products or services to the issuer. It can also contain a fee inside an enterprise to employees in compensation for their hours worked or to pay off them for minor prices which are too small to be routed thru the accounts payable device.
Coins in a bank mean the contemporary balance in checking accounts, savings accounts, or the like within the call of the enterprise/enterprise applying for a certificate. Do now not encompass retirement bills or personal bank account balances.
Percent of cash to total asset = Cash / Total Assets
= 15800 / 180100
= 8.77%
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