<span>During a baseball game a fly ball is hit to center field and is caught 115m from home plate. Just when the ball is caught, a runner on third base takes off for home, ...</span><span>
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I believe this question is referring to purchasing a discount on a loan's interest rate by putting more towards closing costs. For mortgages, sometimes they will allow you to "buy" a smaller interest rate. For example:
<span>Loan A has an interest rate of 4.5% and no closing costs. </span>
<span>Loan B has an interest rate of 4.375%, but has $1000 in closing costs. </span>
<span>Normally, Loan A would be the better choice if you plan on keeping the home short term, but Loan B would be more beneficial for keeping the loan long-term. I don't really care to spend the time that is necessary to come up with an actual scenario, but I hope that helps enough for you to understand the question.</span>
599 min--›hours
599/60=about 9.98 hours
599 minutes--›days
(599/60)/24=about 0.42 days
answers:
9.98 hours and 0.42 days
Answer:
Break-even point in units= 20,000
Step-by-step explanation:
Giving the following information:
Selling price per unit= $29.99
Unitary variable cost= $14.25
Fixed costs= $314,800
<u>To calculate the break-even point in units, we need to use the following formula:</u>
Break-even point in units= fixed costs/ contribution margin per unit
Break-even point in units= 314,800 / (29.99 - 14.25)
Break-even point in units= 20,000
