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Maksim231197 [3]
3 years ago
14

What is the best option for Carmina as she purchases her dream home to enjoy for many years? (5 points)

Business
2 answers:
SOVA2 [1]3 years ago
5 0

Answer:

a fixed rate mortgage

bc is simply a loan in which the interest rate and monthly payment amount do not change over the life of the loan.

german3 years ago
3 0

Answer:

Applying for a fixed rate mortgage

Explanation:

A mortgage is a credit facility used to finance the acquisition of properties and homes. A mortgage allows one to borrow has a huge amount of money and spreads repayments over many years.

A fixed-rate mortgage charges a fixed interest rate throughout the life of the mortgage, unlike the ARM mortgage. In the fixed-rate mortgage, the monthly repayments are predictable and constant, which makes planning easy. Since Carmina plans to stay in her dream home for many years, a fixed-rate mortgage is ideal.

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SIROM Scientific Solutions has $12 million of outstanding equity and $4 million of bank debt. The bank debt costs 4% per year. T
LekaFEV [45]

Answer:

WACC = 9.7%

Explanation:

First lets calculate CAPM to identify the return on equity.

CAPM = Risk free rate + Beta(Market Premium)

CAPM = 4 + 1(8) = 12%

WACC

= weight of equity * return on equity + weight of debt * return on debt * (1 - tax)

This gives,

=(12/12+4) * 0.12 + [(4/12+4) * 0.04 * (1 - 0.30)]

WACC = 0.09 + 0.007 = 9.7%

Hope that helps.

7 0
3 years ago
Read 2 more answers
Sales of cases of bottled water are up 7% from last year. You sold 900 cases of bottled water last year. Based on current percen
Step2247 [10]

Answer:

1,180 cases

Explanation:

The applicable formula in this case is the formula for calculating future value.

A = P x ( 1 + r)^n

where A is the number of cases after 3 years

P is the number of case sold this year

r is percentage increase: 7 %

n is the number of periods : 3 years

Number of cases sold this year = 900 Plus 7% of 900

=107% x 900

=1.07 x 900

=963

A = 963 x ( 1 +7/100)^3

A= 963 x( 1.07 )^3

A =963 x 1.225043

A =1,179.716

A= 1,180 cases

Number of cases = 1,180

4 0
3 years ago
Which of the following is NOT one of the major factors that is credited for contributing to the rise of advertising?
kumpel [21]

Answer:

Trick question. There are no following factors.

Explanation:

6 0
3 years ago
25) Identify the elements that common in most torts.
Kisachek [45]

<u>Explanation:</u>

Tort case is a civil breach case where one party can sue another party for the injury caused and claim for the damages that has occurred.

Tort cases occurs due to negligence, intentional tort and strict liability.

The tort cases have four elements they are duty, breach of duty, causation and injury.

Tort law provides the judgment as if a person should be held responsible for the injury of the other and the compensation for the causation of such injury.

6 0
4 years ago
Consider a bank counter with two employees serving the customers. Deposit takes 5 minutes, cash withdraw takes 6 minutes, and el
Pavel [41]

Answer:

75%

Explanation:

As we know that

Utilization of the counter is

= Required time ÷ Capacity in terms of minutes per hour

where,

Required time is

= 5 minutes × 10 deposit  transactions + 6 minutes ×  5 withdraw transactions + 10 minutes × 1 electronic transfer

= 50 minutes + 30 minutes + 10 minutes

= 90 minutes

And, the capacity is

= 60 × 2

= 120 minutes

So, the utilization is

= 90 minutes ÷ 120 minutes

= 75%

4 0
3 years ago
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