Answer:
$2,122,426
Explanation:
The computation of the amount that must to pay for the retirement of the mortgage is given below:
But first we have to determine the monthly payment i.e. PMT by using excel function
PV=-$2,250,000
RATE = 7.2% ÷ 12 = 0.6%
N = 12 × 30 = 360
FV = 0
PMT = $15,272.73
Now we have to determine the future value
Given that
PV=-$2,250,000
RATE = 7.2% ÷ 12 = 0.6%
N = 12 × 5 = 60
PMT = $15,272.73
So, FV = $2,122,425.62
Answer: B. False
Explanation: If you chose a specific career and go for it until the end of high school you’ll probably have more knowledge in it but you can change your career by doing different curriculums during college or in the summer.
Answer:
The correct to answer to the following question is option A) Tacit collusion .
Explanation:
Tacit collusion ( which is also know as price leadership ) can be defined as the situation where a dominant firm in the market will set a price and other firms in the market would accept those changes in the price. Here the dominant firm usually sets high price, such that the firms who are least cost efficient would also be able to earn some return.
Answer:
A budget is how much you can spend
Explanation:
what i mean by that is lets say you want to buy a house for 250 thousand dollars that is your budget
