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vodomira [7]
3 years ago
11

CHEGG you purchase a house for $252,000 by getting a mortgage for $220,000 and paying a down payment of $32,000. If you get a 20

-year mortgage with an interest rate of 8 percent, what are the monthly payments
Business
1 answer:
Effectus [21]3 years ago
5 0

Answer:

Monthly payments = $1845.65

Explanation:

Rate = 0.08/12 = 0.0067

Nper = 20*12 = 240

Pv =  $220,000

Fv = $0

Type = Ending (0), Beginning (0)

Monthly payments = PMT(rate, nper, -pv, -fv, type)

Monthly payments = PMT(0.0067. 240, -220,000, -0, 0)

Monthly payments = 1845.648653

Monthly payments = $1845.65

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Benchmarking involvesA. comparing how different companies perform various value chain activities and then making cross-company c
Vinvika [58]

Answer:

Letter A is correct. <u>Comparing how different companies perform various value chain activities and then making cross-company comparisons of the costs of these activities.</u>

Explanation:

The most suitable alternative to this question is letter A, because the definition Benchmarking can be defined <u>as the process and search for in-depth knowledge about your competitors and the way they carry out their activities. </u>

It consists of investigating competitors in order to compare operations, products and services between a company and its main competitors. Through the research of competitors it is possible to better understand the market and adapt the best practices to be successful, in addition to achieving continuous improvement of processes, in addition to reducing errors and costs through the analysis and knowledge of the actions of competing companies.

3 0
3 years ago
AS/AD model - If there is a decrease in Aggregate Income and Spending in this economy, then the equilibrium could shift from ___
Mekhanik [1.2K]

Answer: The equilibrium will shift from right to left, and that would be a recessionary gap

Explanation:

Aggregate supply is the quantity of goods and services producers make available for sale and is equal to the money income received by the owner's of the factors of production. Aggregate demand is the total demand for final goods and services in the economy at a given period of time and at a given price level. It is the sum of money consumers planned to spent on the purchase of output in an economy at a given period of time.The equilibrium level of income is the income level at which aggregate supply equals aggregate demand. The Aggregate income on the other hand, is the total amount of income received by all factors of production in an economy at a given period.

If there is a decrease in aggregate income and spending in an economy, the equilibrium level of income shift from right to left and that would be a recessionary gap. The recessionary gap occurs when when the aggregate demand consisting of consumption, investment and government expenditure is not enough to create condition of full employment. It is the difference of the amount by which aggregate expenditure falls short of the level needed to generate equilibrium national income at full employment without inflation.

8 0
3 years ago
Selected accounts with some debits and credits omitted are presented as follows:Work in ProcessOct. 1 Balance 20,000 Oct. 31 Goo
forsale [732]

Answer:

The amount of factory overhead applied in October is $63,300.

Explanation:

Goods finished + Oct 31 work in progress = direct materials + direct labor + oct 1 balance + factory overhead

360,000 + 21,000 = 96,700 + 201,000 + 20,000 + Factory Overhead

381,000 = 317,700 + Factory overhead

Factory overhead = $63,300

Therefore, The amount of factory overhead applied in October is $63,300.

6 0
3 years ago
Canine Industries anticipates investment in equipment designed to improve the efficiency of its operations. The company anticipa
pogonyaev

The amount of after-tax cash flows for Company C on its investment is $37,500.

<h3>What is an after-tax income?</h3>

After-tax income is the gains earned by the company in an accounting year that remain after adjusting its income taxes.

Given values:

Revenues: $10,000

Savings: $40,000

Total investment income: $50,000 ($10,000 + $40,000)

Rate of tax: 25%

Computation of after-tax cash flows of an investment project:

\rm\ After-tax \rm\ cash \rm\ flows=\rm\ Total \rm\ investment \rm\ income - (\rm\ Total \rm\ investment \rm\ income \times\ 25\%)\\\rm\ After-tax \rm\ cash \rm\ flows= \$50,000- (\$50,000 \times\ 25\%)\\\rm\ After-tax \rm\ cash \rm\ flows=\$37,500

Therefore, $37,500  is the value of after-tax ash flows being earned from the investment in equipment.

Learn more about the after-tax income in the related link:

brainly.com/question/14310665

#SPJ1

5 0
2 years ago
Jogging gear is considering a project with an initial cash requirement of $238,400. the project will yield cash flows of $4,930
natta225 [31]
First, we need to calculate for the total return of the project by multiplying 4,930 by 65. Doing so will give us an answer of $320,450. Then, we calculate the rate of return as shown below.
                     rate of return = ($320,450 / $238,400) x 100% 
                                             = 134.42%
Thus, the rate of return of the said project is approximately 134.42%. 
7 0
3 years ago
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