Answer:
correct option is B. $1,300
Explanation:
given data
loan = $65,000
pay = 2 points
solution
As we know normally point worth = 1%
and they pay 2 point so that
2 point = 2 % = 0.02
so pay at closing for the points will be
pay closing for the points = 0.02 × loan amount .....................1
pay closing for the points = 0.02 × $65000
pay closing for the points = $1300
so correct option is B. $1,300
Answer:
13.16%
Explanation:
In this question we use the RATE formula i.e shown in the attached spreadsheet
Given that,
Present value = $725
Assuming figure - Future value or Face value = $1,000
PMT = 1,000 × 9% ÷ 2 = $45
NPER = 16 years × 2 = 32 years
The formula is shown below:
= Rate(NPER;PMT;-PV;FV;type)
The present value come in negative
So, after solving this, the yield to maturity is 6.58% × 2 = 13.16%
Answer:
D. Manufacturer to wholesaler to consumer
Explanation:
I had the same quiz question and I chose that one. May not be correct though
Answer:
Roland works as a researcher for his manufacturing firm. He has conducted primary research to collect relevant market research data that will help his firm. He decided to use mathematical and statistical tools to analyze the data because the data is in nature.
Roland is about to analyze primary market research data.
Explanation:
Primary data are always in a state of nature. Primary data are collected by Roland before analysis are from first-hand or primary sources. For Roland to acquire the data, he must use primary research methods like surveys, interviews, or experiments. Because primary data are acquired with the research project in mind and directly from primary sources, they are contrasted with secondary data. Secondary data were acquired by some other researchers and used in their analyses before being collected by another researcher as a basis for research continuation.