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TiliK225 [7]
3 years ago
7

Whts my favorite color

Business
1 answer:
tresset_1 [31]3 years ago
6 0

Answer: i think blue

Explanation:

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Chris bought a home for $225,000, putting down 20%. The mortgage is at 6 1/2% for 30 years. Determine his monthly payment
azamat

Since you are paying 20% up front, you are paying $45000 up front (.20*225000) which means you are borrowing

225000-45000 = $180,000.

 

Hopefully, you've learned the formula for figuring out the payment for an amortization problem. It is as follows:

 

A=P [(1+R/n)nt *R/n]  / [(1+R/n)nt -1] A is the amount for each payment, P is the principal, r is the rate, n is the number of payments per year and t is the time in years

 

So A = 180000 [(1+.065/12)12*30 * .065/12] / [(1+.065/12)360 -1]

   A  = 180000 [ .037872239/5.991797982]

   A  = 1137.72

 

So you will have 360 payments of 1137.72. So over the 30 years, you will pay 360 * 1137.72 = $409,579.20 and you only borrowed 180,000, which means when you subtract them, you'll have 229,579.20 in interest.

 

Hope this helped.



8 0
4 years ago
Complete the paragraph describing how to initiate an informational interview by filling in the missing words or phrases correctl
AleksandrR [38]

1. trade associations ( they help you find your target market which helps you network with  the right people )

2. Job requirements because this is about finding more research in a career field you're interested in with a person from that field. Although I'm not so sure it can't be your employment history, but with the direction the sentence was taking I'm pretty sure it's job requirements.

8 0
3 years ago
Read 2 more answers
More often than​ not, policymakers find it useful to employ monetary and fiscal policies in
frutty [35]
Yest that is correct
6 0
4 years ago
4.
Misha Larkins [42]

Answer:

B

Explanation:

That's the only one that is fair

4 0
3 years ago
You are interested in purchasing a digital camera and find one priced extremely low. As you are about to purchase the camera, yo
CaHeK987 [17]

Answer:

low-ball technique

Explanation:

Based on the scenario being described it seems that you have been a victim of the low-ball technique. This is a persuasion tactic in which an item is marked at a very tempting low price in order to get customers to commit to the purchase, but when they do commit the price is increased in one way or another. Which in this case was by requiring extra components to be able to use the camera.

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3 years ago
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