Answer:
$67,190
Explanation:
During the 30 years, the borrower will end up paying:
$386.64 monthly payment x 12 months per year x 30 years = $139,190.40
Of the total amount, $139,190, only $72,000 was repayment of principal, then the amount of interest that the buyer paid:
$139,190 - $72,000 = $67,190
Answer:
C) made up of two or more individuals who are associated with one another in ways not prescribed by the formal organization.
Explanation:
Informal work groups are formed voluntarily by workers in a business or organization where a connection exists between the members of the group.
Informal groups generally agree upon who will lead them and are able to succeed due to the bond that is created between the group members that helps them accomplish tasks.
Answer:
Rent-seeking is the effort to increase one's share of existing wealth without creating new wealth. Rent-seeking results in reduced economic efficiency through misallocation of resources, reduced wealth-creation, lost government revenue, heightened income inequality, and potential natoinal decline
Explanation:
Rent-seeking is the effort to increase one's share of existing wealth without creating new wealth. Rent-seeking results in reduced economic efficiency through misallocation of resources, reduced wealth-creation, lost government revenue, heightened income inequality, and potential national decline
Answer: Followers of the efficient market hypothesis believe that <u>"C) investors react quickly and accurately to new information.".</u>
Explanation: The efficient market hypothesis states that the current price of an asset in the market reflects all available information that exists (historical, public and private). It considers that any news or future event that may affect the price of an asset, will make the price adjust so quickly, that it is impossible to obtain an economic benefit from it.
This adjustment happens so fast because investors act quickly and accurately in the face of new information.
I don't think that this question should be here, honestly. It could either be a normal discussion, or it could turn into a breeding ground for hate.
Everyone has an opinion. Let's not share them.
