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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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Interference from differences in personality or status is called​
klemol [59]

The interference of personality or status differences is called personality traits, that is, a way developed by psychologists to organize different personalities according to certain dimensions.

<h3>The Big Five Personality Traits </h3>

This is one of the most accepted approaches today, which divides the personality into the following traits:

  • Opening
  • Conscientiousness
  • Extroversion
  • Agreeableness
  • Neuroticism

Each of the traits encompasses different personality facets that help identify which one individual has more or less of compared to another individual.

Therefore, today's organizations need to understand the personality traits of their employees through testing and analysis, to better understand the motivation of each individual and create an organizational culture based on diversity and development.

Find out more information about personality traits here:

brainly.com/question/18782358

3 0
1 year ago
The possibility of incurring a loss is called?
dexar [7]
Risk or financial loss ...
7 0
3 years ago
On July 1 of the current calendar year, Olive Company paid $8,200 cash for management services to be performed over a two-year p
Andrew [12]

Based on the amount paid by Olive Company for the two year period, the adjusting entry on December 31 would be a debit to an expense and a credit to prepaid expense for $2,050.

<h3>What would be the adjusting entry?</h3>

Based on the accrual method, only costs for the year can be recorded as expenses.

If any costs are for other periods, those costs would be credited to prepaid expenses.

The expense for this year for management services would be:

= Number of months from July to December x Amount paid / number of months in contract

= 6 months x 8,200 / 24 months

= $2,050

In conclusion, expenses will be debited $2,050.

Find out more on prepaid expenses at brainly.com/question/9270086.

4 0
1 year ago
White Corporation’s budget calls for the following sales for next year: Quarter 1 95,000 units Quarter 3 67,000 units Quarter 2
asambeis [7]

Answer: & Explanation:

Production Budget q2

- Q2

sales 67,000

ending policy 4,050 (5% of Q3)

Beginning 3,350 (5% of current quarter)

Production 67,700 (sales + ending - beginning)

Raw materials Budget q2

Production Needs 338,500 (Units x 5)

ending policy 81,850 (20% of production q3)

Beginning 67,700 (20% of q2 production needs)

Purchase 352,650 (needs + desired ending - beginning)

3 0
2 years ago
An organizational decision maker assesses conditions of certainty, uncertainty, and risk during the process of a. determining th
Alchen [17]

Answer:

b. evaluating alternatives

Explanation:

Decision making process involves identifying a problem, defining the decision criteria, determining the decision type, generating alternatives, evaluating and selecting the best possible alternative,

A problem is defined when a gap exists between actual and desired state. Next step is to identify the organizational criteria upon which decisions would be based.

Third step is to weigh pros and cons of the criteria in light of the situation. Next step is to generate alternatives and options which are available.

In the next step, all the available options are weighed w.r.t organizational criteria, which is the evaluation stage.

The last step is the selection of the most feasible alternative and it's implementation.

4 0
2 years ago
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