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Dima020 [189]
3 years ago
7

You want to take out a $125,000 mortgage. The interest rate on the mortgage is 5%, and the loan is for 30 years. How much will y

our monthly payments be
Business
1 answer:
Alex787 [66]3 years ago
4 0

Answer: $671.03

Explanation:

The monthly payment will be an annuity because it will be constant. The loan amount will be the present value of the loan.

Periodic interest rate of loan = 5%/12 = 5/12%

Loan period = 30 * 12 months = 360 months

Present value of annuity = Annuity *  ( 1 - ( 1 + rate) ^ -number of periods) / rate

125,000 = Annuity * ( 1 - ( 1 + 5/12%)⁻³⁶⁰) / 5/12%

125,000 = Annuity * 186.2816170

Annuity = 125,000 / 186.2816170

= $671.03

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Hunter offers financial counseling and management on a fee-only basis. She has found that different customers are willing to pay
Kay [80]

There are different ways to handle issues relating to customers. This shows that her pricing decisions should depend primarily on how different customers perceive the value of her services.

<h3>How do customers see value? </h3>
  • Customer are known to often perceived value as a marketing word that implies to the way a consumer sees a product.

Customer see value as a fact that each customer look into their purchases to know if they meet their wants or needs and later compare that study to the price they are paying.

By known how different customers perceive the value of her services, Hunter can handle some key issue in his business.

Learn more about Customers services from

brainly.com/question/1286522

6 0
3 years ago
One of your customers is delinquent on his accounts payable balance. youâve mutually agreed to a repayment schedule of $660 per
Ahat [919]
N=log((1−14,880×0.0106÷660)^(−1))÷log(1+0.0106)=25.9 months

5 0
3 years ago
You receive a voice mail from your supervisor asking you to compile a list of talking points for an upcoming interview on the Mo
tankabanditka [31]

a. Look in the files

c. Talk with your boss

b. Conduct an informal survey

Explanation:

You receive a voice mail from your supervisor asking you to compile a list of talking points for an upcoming interview on the Morning News Show. The best informal information gathering technique to find out the details of what your boss expects would be to -

  1. Look in the files
  2. Talk with your boss
  3. Conduct an informal survey
3 0
3 years ago
Abigail is a manager at her company. The company just launched an initiative to improve its corporate citizenship practices. Abi
choli [55]

Answer:

The correct answer is (C)

Explanation:

The company has launched an initiative to improve cooperate citizenship and Abigail as a manager is responsible for various operations such as shareholders interest, transparency and integrity of customers. The job of a manager is tough and it requires tremendous amour of effort. Likewise, a manager is not responsible for the vigilance of the board of directors because they are on their own and she has no authority over them.

3 0
3 years ago
Household behavior with respect to changes in income can be described by the marginal propensity to consume (MPC) and the margin
Citrus2011 [14]

Answer: Greater the MPC

Explanation:

The Marginal Propensity to consume refers to how much Economic consumption increases or decreases due to a change in income.

The formula for MPC is;

= Change in Consumption/Change in Income.

Consumption is a major component of GDP so it has a direct influence on Economic output. In other words, the larger the level of consumption, the higher the higher the output.

As evident from the equation, if the change in consumption is higher than the change in income, the MPC will be larger. A larger MPC therefore corresponds to a higher Consumption.

If a higher Consumption leads to a larger output and a larger MPC corresponds to a higher Consumption then that means that a higher MPC leads to a larger output.

5 0
3 years ago
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