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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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aalyn [17]

Answer:

nasaan po yung answer di ko maintindhiahn

8 0
3 years ago
Brandy works in a laboratory. She performs experiments to develop new methods of food production and processing.
Lisa [10]

Answer:

1) Food scientist

2) Farm management advisor

3) Farm labor contractor

Explanation:

7 0
4 years ago
Vaughn Company has the following equivalent units for July: materials 15340 and conversion 17700. Production cost data are: Mate
Marat540 [252]

Answer:

Vaughn Company

The unit production costs for July are:

                                     Materials  Conversion

Cost per equivalent unit   $5             $3

Explanation:

a) Data and Calculations:

                                        Materials     Conversion

Beginning WIP                 $ 8,700          $ 3,100

Costs added in July         68,000          50,000

Total production costs   $76,700        $53,100

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Cost per equivalent unit   $5                 $3

b) The materials and conversion costs per equivalent unit are the dividends resulting from the division of the total production costs for materials and conversion by their respective total equivalent units of production.

7 0
3 years ago
Suppose that Bob places a value of $10 on a movie ticket and that Lisa places a value of $7 on a movie ticket. In addition, supp
Alex_Xolod [135]

Answer:

$1

Explanation:

We can use the simple consumer surplus formula:

Consumer surplus = Maximum Price Willing to Pay - Actual Price

For Bob

Consumer Surplus = $10 - $8

                              = $2

For Lisa

Consumer Surplus = $7-8

                               = $-1

So, the total consumer surplus is $1

7 0
4 years ago
Martin, who wants to sell a house he owns, authorizes his concierge, Wilhelm, to find a potential buyer, and finalize a deal abo
iren2701 [21]

Answer:

A) Wilhelm

Explanation:

Wilhelm performs the role of the agent as he is the one who martin contacts to find a potential buyer so  Wilhelm is martins agent in this case and Wilhelm is the one in contact with the seller Martin so he is the agent and is finding buyers by contacting real estate agents on Martins behalf.

6 0
3 years ago
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