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miss Akunina [59]
2 years ago
6

Explain how the amount of a down payment affects your monthly mortgage payments.

Business
1 answer:
madam [21]2 years ago
7 0

Answer:

The more money you put down, the smaller your principal value becomes. Having a smaller principal value will make your monthly payments smaller.

Explanation:

The amount of a down payment you pay will affect your monthly mortgage payment. If you put a larger down payment on your mortgage/loan you will pay less in monthly mortgage payments. If you put a smaller down payment you will end up paying more monthly.

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How do surpluses and shortages help establish the equilibrium price ?
Vika [28.1K]
Surpluses push the price down toward the equilibrium and shortages raise the price to the equilibrium 
6 0
3 years ago
10. Barbara Inc. is working on its cash budget for June. The budgeted beginning cash balance is $16,000. Budgeted cash receipts
katrin [286]

Answer: $17,000

Explanation:

Given that,

Budgeted beginning cash balance = $16,000

Budgeted cash receipts total = $188,000

Budgeted cash disbursements total = $187,000

Desired ending cash balance = $40,000

The excess (deficiency) of cash available over disbursements for June will be:

= Beginning cash balance + Cash receipts - Cash disbursements

= $16,000 + $188,000 - $187,000

= $17,000

5 0
2 years ago
The Grange was an organization that____________.
Fittoniya [83]

Answer: Option A. established cooperatives for storing and marketing farm output

Explanation:

The Granges consist of many group of people that are mainly farmers and other group of people. The Grange is based on farm and rural community value. The Grange helps people, especially farmers by established cooperatives for storing and marketing farm output. Most Granges support community service and volunteer work in addition to providing their members with a community with whom to discuss farming matters. The Grange tries to bring together people involved in different areas of agriculture as well as different parts of the community.

8 0
3 years ago
Oh no! You bounced a check. You must pay _____________, fill in the blank, to the business you wrote the original check to.
Marina CMI [18]

Answer:

bank fees

Explanation:

3 0
2 years ago
Kayleigh is looking over a number of material requisition slips from her employees. She has to sign off on each request after re
dedylja [7]

Answer:

B. No, approval by an individual other than the requestor establishes greater accountability over inventory.

Explanation:

This step is required as it will ensure control over inventory usage.

3 0
3 years ago
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