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Andre45 [30]
3 years ago
9

John House has taken a $250,000 mortgage on his house at an interest rate of 6 percent per year. If the mortgage calls for 20 eq

ual, annual payments, what is the amount of each payment?
Business
1 answer:
stiks02 [169]3 years ago
8 0

Answer:

$21,796.14

Explanation:

Use the Time Value of Money techniques to calculate the amount of each installment (PMT)

PV = $250,000

i =  6 %

n = 20

P/yr = 1

FV = $0

PMT = ?

Using a Financial calculator to input the values as above, each annual instalment/payment will be $21,796.14.

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Naily [24]

Answer:

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7 0
3 years ago
Machine Malfunction. Bruno, the president of a corporation operating work out facilities, convinced the board of directors to ap
andrew-mc [135]

Answer:

The correct answer is letter "C": The Business Judgment Rule.

Explanation:

The Business Judgment Rule is a law that protects a company's Board of Directors (BoD) from inconsistent allegations from shareholders stating that the BoD is acting against the stakeholders' interest. The law presumes that members of the BoD act in "<em>good faith</em>" and that they do not always make the best decisions.  

The Business Judgment Rule helps managers, in such a way, to avoid laws where there is no substantial proof that they had intentions to go against the investors' will.

8 0
4 years ago
Feather Tissues Inc. decided to change the color of its tissue box from red to blue because blue was thought to be visually plea
tester [92]

Answer:

aesthetic

Explanation:

Based on the information provided within the question it can be said that the change in color represents the aesthetic aspect of packaging. An aesthetic aspect refers to making sure that the packaging has an overall pleasant, positive, beautiful, or artful appearance in order to evoke positive emotions on the viewer. Which in this scenario is exactly what Feather Tissues Inc. is trying to accomplish by changing the color from red to blue, in order to please/attract their customers and in term increase sales.

7 0
4 years ago
The section of your Career Builder Files that contains documents that you will share with others, especially during interviews,
Marat540 [252]

Answer:

Master Career portfolio

Explanation:

A career builder file is system used to collect and organise one's career history and job search. It gives the prospective employer a snapshot of the candidate's professional life so far.

Career builder is made up of 3 parts:

- About me contains opinions about jobs, information about you, and awards.

- About jobs contains job research, contacts, application drafted, and resume

- Master career portfolio contains final resume, samples of work, and thank you notes

The master career portfolio shows a summary of your profesional experience and what you can offer. That is the document that should be shown to others especially at interviews

6 0
4 years ago
Which payment option could have interest charged to you
kramer

Answer:

Loans, Credit cards

Explanation:

If you don't pay your credit card on time, they will charge you a late fee. If you take out a loan, they make you pay back the money you took out and a percent of that amount for interest.

6 0
3 years ago
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