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3 years ago

This question is ssssssssssssssssssssssss IDKKKKK

Business

1 answer:

nexus9112 [7]3 years ago

5 0

Answer:

IDKK EITHER OF WHAT YOU ARE ASKING IDK

Explanation:

I just got myself confused XD

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You have just sold your house for $ 1000000 in cash. Your mortgage was originally a 30-year mortgage with monthly payments and

DedPeter [7]

Answer:

cash will you have from the sale once you pay off the mortgage is $ 510194.55

Explanation:

given data

sold your house = $1000000

time t = 30 year = 360 month

initial balance P = $750,000

mortgage currently exactly = 18½ years = 138 months

interest rate r = 7.75 % = 0.646% per month

solution

we get here monthly loan payment that is

C = P ÷ $\frac{1}{r} \times (1-\frac{1}{(1+r)^n})$ ...............1

Putting values in formula we get

C = 750,000 ÷ $\frac{1}{.00646} \times (1-\frac{1}{(1+0.00646)^{360}})$

C = $5374.12

so monthly payment is $5374.12

and here Balance after 18.5 year will be

Balance after 18.5 year = $5374.12 × $\frac{1}{0.00646}$ × $(1-\frac{1}{1.00646^{138}})$

Balance after 18.5 year = $489805.45

and

we received here $1000,000 excess cash received is

cash received = 1000,000 - 489805.45

cash received = $ 510194.55

4 0

4 years ago

Hello i really need help thank u

lukranit [14]

I would need to be able to watch the video to help you I’m sorry

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3 years ago

Most goods in the economy are _____.(A) a natural monopolies. (B) public goods.(C) common resources. (D) private goods.

Angelina_Jolie [31]

Answer:

(D) private goods.

Explanation:

Goods is a material that, in economic theory, satisfies people's wishes and provides usefulness. Goods and services are different. In economic theory all goods are considered material, but in reality such goods as information (or information) are non-material goods. For example, although Apple is a tangible asset among other commodities, news is related to non-material class goods and can only be perceived through tools such as Computer and Printing. Material goods such as apples differ from non-material goods as information in terms of the impossibility of a person to keep the other physically, while the former occupies a certain physical area. Intangible goods differ from services in the sense that they are transferable or sold. Price elasticity also differentiates the types of goods. Elastic goods are commodities where there are major changes in quantities due to small changes in the price and, therefore, relate to the family of substitute goods; For example, consumers will prefer to buy pencils, such as pencil shields. Intangible goods are few and no substitutes, such as racing tickets, artist's original work, and medical supplies such as insulin. Complementary goods are more elastic than substitutes. It depends on which commodity is substituting or complementary to other goods.

Private goods are both excludable and rival in consumption. Most goods in the economy are private goods. A private commodity or goods is a product to be purchased for consumption and prevents the consumption of another by one person. In other words, when there is competition between people for the sake of good, good is something special or private, and consuming good prevents one from consuming it.

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4 years ago

To avoid injury when you're putting an item down, proper technique involves:

lisov135 [29]

A) Positioning your hands so your fingers don't get caught under the load

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3 years ago

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Which curve shows increasing opportunity cost as you give up more of one option?

VladimirAG [237]

Production Possibilities Curve (PPC) shows increasing opportunity costs as you give up one or more options. This curve is usually bow-shaped in the middle because as you produce more of one good, your capacity to produce the second good is diminished.

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3 years ago