Answer:
the balloon payment after 300 months is $1,205,266.38
Explanation:
In order to pay the loan completely after 300 months, your monthly payment should be $1,948.75. Since you can only pay $800 per month, the loan's balance after 300 payments will be $1,205,266.38. This is irrational since you will end up owing 4 times the initial amount. You will never even be close to paying even the interest expense, so the principal increases every month.
I prepared an amortization schedule using an excel spreadsheet
Answer:
5%
Explanation:
Deposit= $600 million
Required reserve= $30 million
Required reserve ratio= required Reserve/deposit
= 30 million/600 million
= 0.05×100
= 5%
Hence the required reserve ratio is 5%
Answer:
The most common sources of information for performance measurement are personal observation, statistical reports, oral reports, and written reports.
Slide that brainliest tho
Answer: Option (D)
Explanation:
The concept of franchising is mostly based on the concept of marketing that can be taken up by the company or organization as the strategy for the business expansion. Once implemented, the franchisor licenses the intellectual property, procedures, or the use of their business model, rights and brand in order to sell the branded services and products to the franchisee.
Answer:
$5100
Explanation:
The cost of the inventory in $25000 and the cost of shipping it to the consignee, $500.
The cost of marketing brochures an comissions are recognized as expense and do not affect inventory. If 80% of the inventory was sold, 20% remains, which will have a carrying value of $25,500 X 20% = $5100
