1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Goryan [66]
3 years ago
15

. Ellen has a thirty-year mortgage with level monthly payments. The amount of principal in her 82nd payment is $259.34, and the

amount of principal in her 56th payment is $230.19. Find the amount of interest in her 133rd payment.
Business
1 answer:
Mila [183]3 years ago
7 0

Answer:

Explanation:

See attached file for answer

You might be interested in
You want to have $2.7 million when you retire in 37 years. You feel that you can save $600 per month until you retire. What APR
PilotLPTM [1.2K]

Answer:

9.87%

Explanation:

Calculation to determine What APR do you have to earn in order to achieve your goal

$2.7 million = $600{[(1 + r)444 − 1] / r}

r = .0082*100

r=.82%

r = .82% × 12

r = 9.87%

Therefore the APR you have to earn in order to achieve your goal is 9.87%

6 0
3 years ago
Six months before filing for bankruptcy, shirley sold her new car to her brother, claude, for $100 so that her creditors could n
Ket [755]
<span>In this case, the transfer could be considered voidable by the trustees. This is because Shirley did not receive the fair value for the car, but simply received a negligible amount as a way of trying to defraud her creditors. In this case, the transfer could be voided.</span>
7 0
3 years ago
Cool Sky reports the following costing data on its product for its first year of operations. During this first year, the company
Monica [59]

Answer:

$91

Explanation:

Given the following information,

Direct materials per unit = $54

Direct labor per unit = $20

Variable overhead per unit = $6

Fixed overhead for the year = $462,000

For Absorption costing method, it includes all costs associated with production, including fixed and variable cost. The unit product cost is calculated using direct material, direct labor and total unitary manufacturing overhead.

Unitary cost = (Fixed overhead for the year / Units produced) + Direct materials per unit + Direct labor per unit + Variable overhead per unit

Unitary cost = ($462,000 / 42,000) + $54 + $20 + $6

Unitary cost = $11 + $54 + $20 + $6

Unitary cost = $91

Therefore, the product cost per unit is $91

5 0
3 years ago
What are two motivations to sell an asset, even if the current value is less than what you paid for it?
SOVA2 [1]

Answer:

two motivations to sell an asset, even if the current value is less than what you paid for it, are:

1. You want to buy new assets that are performing well currently.  

2. You want to diversify the types of assets that you own.

Explanation:

Asset management needs to implement measures in order to administrate risk. When you have an asset, whose value is less than the price you paid for it. Selling this asset becomes a logical decision when you either want to diversify your portfolio or buy a new asset that has a better performance in the market.  

Diversifying a portfolio is very important to avoid market risk. Having all your eggs in one basket is never a good investment decision because if something goes wrong with that particular investment your losses will be greater. For this reason, is always a good decision to keep different types of financial assets that help you to divide the risk among several assets.

Besides, if the current performance of a given assets is way better than an asset that is currently giving you no return in the investment because its actual price is less than the price you paid for it.    

6 0
3 years ago
The Lucas critique argues that because the way people form expectations is based ______ on government policies, economists _____
gulaghasi [49]

The critique stated that sinve people's formed expectations is based <u>partly</u> on government policies, then, economists <u>cannot</u> predict the effect of a change in policy.

<h3>What is the Lucas critique?</h3>

This is a work of Robert Lucas that asserts that it is naive to predict the effects of a change in economic policy base on the relationships observed in historical data

The work states that since people formed expectations is based <u>partly</u> on government policies, the economists cannot predict the effect of a change in policy.

Therefore, the Option A is correct,

Missing options <em>A.) Partly; cannot, B.) Only partly; can, C.) In no way; can, D.) In no way; cannot.</em>

Read more about Lucas critique

<em>brainly.com/question/25188227</em>

#SPJ1

5 0
2 years ago
Other questions:
  • The ABC Company had its highest level of production in May when they produced 4,000 units at a total cost of $110,000 and its lo
    5·1 answer
  • Almost all tasks in a project will be connected using either _____ or _____ dependencies.Select an answer:a)start-to-finish; fin
    15·2 answers
  • Caliber Corp. currently pays no dividends because it requires its internally generated funds be used to fund a research intensiv
    14·1 answer
  • Which account is an example of a contra-expense account?
    9·2 answers
  • A corporate charter specifies that the company may sell up to 20 million shares of stock. The company issues 12 million shares t
    7·1 answer
  • Joe quits his computer programming job, where he was earning a salary of $50,000 per year, to start his own computer software bu
    14·1 answer
  • When Patey Pontoons issued 6% bonds on January 1, 2018, with a face amount of $600,000, the market yield for bonds of similar ri
    5·1 answer
  • OFFERING 20 POINTS Whitney's proposal to build 10,000 guns relied on what two important elements found in the modern manufacturi
    10·1 answer
  • Nezzie invests in 300 shares of stock in the fund shown below. Name of Fund NAV Offer Price LKIT Mid-Cap $16. 58 $16. 99 Nezzie
    14·1 answer
  • Price level stability necessitates intelligent management or regulation of which of?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!