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Bess [88]
3 years ago
13

An institutional lender is willing to make a loan for $1 million on an office building at a 10% interest (accrual) rate with pay

ments calculated using an 8% pay rate and a 30-year loan term. (That is, payments are calculated as if the interest were 8% with payments over 30 years.). After the first five years the payments are to be adjusted so that the loan can be amortized over the remaining 25-year term. What is the initial payment
Business
1 answer:
k0ka [10]3 years ago
7 0

Answer:

$7337.65.

Explanation:

Loan is what someone in need of financial aid for the purpose of investment or other things collect or take money from banks, friends, family or relatives with the intent of returning it back(probably with interest too).

From the question, we are given the following information: the total loan amount on an office building = $1 million = 1,000,000 at a 10% interest (accrual) rate '' with payments calculated using an 8% pay rate and a 30-year loan term".

Hence, if we are to do this on Excel, we will just just use the - PMT of 8% divided by 12 = (0.00666666667) , the number of payment = 360 and the total loan amount which is going the give us the value of $7337.65.

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As used in strategic trade policy, tariffs are a variation of the:
andrey2020 [161]

Answer: Option (d) is correct.

Explanation:

Correct option: Infant-industry argument for tariffs.

The industries which are new in the market need to be protected from the competitors from the other countries which were already in the international market for a long time.

Strategic policy is used to protect the infant industries which were new in the international market. So, this policy help these industries to develop and compete with the international industries.

Once these industries fully developed and are able to achieve similar level of economics of scale, then this protection will be withdraw from the industries.

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4 years ago
Microsoft stock price peaked at 6118% of its IPO price more than 13 years after the IPO† Suppose that $15,000 invested in Micros
givi [52]

Answer:

37% compounded annually

Explanation:

To find the answer we need to follow this formula:

P = I (1+ r)^{n}

Where:

  • P = Present value of the stock
  • I = Initial value of the stock
  • r = Interest rate
  • n = number of compounding periods

Now we plug the amounts into the formula:

900,000 = 150,000 (1 + r)^13

900,000 / 150,000 = (1 + r)^13

60 = (1 + r)^13

Ln60 = 13 Ln(1 + r)

4.09 / 13 =  Ln(1 +r)

0.31 = Ln(1 + r)

e0.31 = Ln(1 + r)

1.37 = 1 + r

1.37 - 1 = r

0.7 = r

Thus, the annual interest rate is 37%

3 0
4 years ago
What does the consumer price index measure? A. the change in prices of all goods and services over time B. the change in prices
viktelen [127]

What does the consumer price index measure? B. the change in prices of specific goods and services over time. The consumer price index is also know as the CPI when reffering to this calculation. The CPI measures the weighted items of specific consumer goods and services by averaging them overtime. The CPI allows for comparison of the same products that consumers use on a daily basis and see how much they are using each year. This lets us know how the economy is doing as it relates to inflation. Inflation is the increase in prices and decline of the purchasing value of money in an economy.

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As they walked in from looking at the new Ford Rangers on the lot, Ed, the salesperson, asked Kristy, "Which color do you like,
Nimfa-mama [501]

Answer:

Minor point closing technique

Explanation:

Closing technique has prospect to pick between items you offer. It is best for circumstances where you feel sliding the possibility into the end procedure would be useful to the relationship.  

Minor Points Closing technique wherein a salesman endeavors to get the purchaser to consent to the worth or handiness of different littler characteristics and highlights of an item so it will be simpler to get a great reaction to the greater choice to buy the item.

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To be part of the supply for a good, a producer must be
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Answer:

D. Both are able and willing to supply the good, and have already identified a buyer

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