Answer:
Ans. A) $9,314.45
Explanation:
Hi, first we have to bring to present value the monthly payments to be made for 30 years (360 months). In order for this to be useful, we have to convert this annua compounded monthly rate (6.25%) to an effective rate, that is 6.25% / 12 = 0.5208%. Now, when we find this present value, we are going to substract it from the price of the house and that is the value of the down payment. But let´s just go ahead and do it together.
We have to use this formula to bring to present value the $1,595.85 monthly payments, for 30 years (360 months) at a rate of 6.25% (0.5208% monthly).
It should look like this
Now, let´s go ahead and find the down payment.
So, the answer is a). $9,314.45
Best of luck.
Answer:
social bookmarking sites
Explanation:
Reddit, Digg and StumbleUpon are all Web sites dedicated to social bookmarking.
They fetch the contents from other Web sites and encourage their users to share their preferences on what they like and see all over the Internet with their friends.
They're not social networks per say because people aren't directly in contact with each other, only through their shared contents.
They're not tech blogs, because they rarely have any original contents and they're not targeting only technologies.
They're not video sites either, because they're sharing all kinds of contents.
SNOW WHITE AND THE SEVEN DWARFS BY ANNE SEXTON
Answer:
d. $250,000.
Explanation:
In order to calculate the expense of the goodwill, we must first calculate the net asset's fair value shown below:
The fair value of net asset = The fair market value of total assets - the fair market value of liabilities
= $125,000 + $750,000 - $175,000
= $700,000
And, the purchase value of all outstanding stocks is $950,000
So, the goodwill would be
= $950,000 - $700,000
= $250,000
Answer:
B) False
Explanation:
One of the main characteristics of monopolistic competition is that many suppliers sell products that are different from one another, so they cannot be considered perfect substitutes. For example, restaurants usually operate under monopolistic competition since they all offer similar services but at the same time they are all different.
So if you like variety, then you should like monopolistic competition.
