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hram777 [196]
3 years ago
7

Demarco and Tanya have received information about three separate mortgage offers. In two or three paragraphs, describe your reco

mmendation for the best financial choice in their situation.
Business
1 answer:
Alex787 [66]3 years ago
5 0

Answer: first one

As for Mortgage Option 3, not only is the interest rate higher (4.0%), but the remaining balance that is not paid has to be paid off completely in 8 years. After the down payment, they would have a $1,605 monthly payment which includes the fixed interest rate of 4.25% as well. Due to the short payment time, a borrower has a risk of loosing their home and equity if the final payment is not able to be made. Mortgage Option 2 has the lowest interest rate (3.5%) but these rates could be adjusted annually. Even though the interest rate is the highest, they would be able to afford it. Not only are they able to make these payments, Tanya and Demarco would also have. approximately $3,395 left to spend from their monthly earnings too.

Explanation:

credit to mohammedalm2

You might be interested in
(Section 5.5)
Elden [556K]

Answer:

$373.10

Explanation:

The principle amount is $350... PV

Interest rates 6.5 % ...r

Duration one year...n

The formula for calculating compound interest

FV = PV x ( 1 + r ) n

Since 6.5 % is compounded twice year:  r becomes 6.5/ 2 and n will n x2

FV = 350(1+0.065 )2

=$350 x 1.06605625

=$350 x 1.066

=$373.10

7 0
3 years ago
G Government expenditure​ ________ change potential GDP and taxes​ ________ change potential GDP.
Furkat [3]

Answer:

<u>can</u> ; <u>can</u>

Explanation:

With increasing or decreasing government expenditure there are various other things also associated. Government expenditure is not only done to construct roads, but rather to provide education, to provide better health services, to provide more opportunities.

If an individual is more educated and healthy then the remaining candidates his chances for a better job are even higher, with that he shall contribute to GDP.

With taxes the buying capacity of individuals earning are decreased, also with the levy of taxes government tends to earn more. With this again the GDP suffers directly.

7 0
3 years ago
Brand [X] has tasked you with looking at various KPIs for their recent campaign. Below are the results for the campaign. Using t
mixas84 [53]

Answer:

Yes, the campaign performed well.

Explanation:

Recent campaign by Brand X has performed really well. The results obtained are analyzed against the Key Performance Indicators set by the company. The amount spent on the campaign is $2783 whereas the Clicks per minute is $1.55 which indicates that customers are impressed by the campaign and they are gaining attraction in the campaign details so the CPM impression is high.

7 0
3 years ago
Chi-Ling thought it would be best to put Connor in charge of making decisions for the accounting team and Manami in charge of ma
Dmitry_Shevchenko [17]

The aspect of analyzing teamwork is Chi-Ling using is authority differentiation. Thus the option 3rd is correct.  

<h3 /><h3>What is Authority?</h3>

Authority refers to the power access by the individual or the government over the others. The authoritative person can make the decisions regarding the various sectors and make his subordinates to work in his accord.

The Chi ling has divided the work of the accounting and marketing between his employees and made the head of the  department. Thus this concept of analyzing the teamwork is known as authority differentiation.

The authority of the both the employees Connor and Manami is well defines they both will looking after their filed and are free to take decisions on their department.

Learn more about teamwork here:

brainly.com/question/18869410

#SPJ1

5 0
2 years ago
Suppose the Baldwin company shifts focus to only competing in the Thrift and Nano segments, while competing on price by reducing
Volgvan
What.
Maybe niche cost leader
4 0
3 years ago
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