Listing the pros and cons for each of your options is a part of which step in the decision-making process?.

A home buyer can afford to spend no more than $1500/month on mortgage payments. Suppose that the interest rate is 6%, that inter

krok68 [10]

Answer:

20 years mortgage:

maximum loan $ 209, 371.16

interest paid $ 150,628.84

30 years mortage

maximum loan $ 250,187.4216

interest paid $ 289,812.58

Explanation:

20 years mortgage:

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 1,500.00

time 240 (20 years x 12 months)

rate 0.005 ( 6% annual / 12 months per year)

$1500 \times \frac{1-(1+0.005)^{-240} }{0.005} = PV\\$

PV $209,371.1575

Quota x number of cuotas - principal = total interest

1,500 x 240 - 209,371.16 = 150628.84

30 years mortgage

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 1,500.00

time 360

rate 0.005

$1500 \times \frac{1-(1+0.005)^{-360} }{0.005} = PV\\$

PV $250,187.4216

Quota x number of cuotas - principal = total interest

1,500 x 360 - 250,187.42 = 289,812.58

8 0

3 years ago

Joe is an accountant and plans to join a group of accountants. he compares a group in a general partnership with a group in a li

Artyom0805 [142]

An organization in which all accomplices are constrained accomplices is a limited liability partnership(LLP). It along these lines shows components of associations and companies. In a LLP, one accomplice is not dependable or obligated for another accomplice's offense or carelessness. Joe would not be subject if another accomplice were to commit an error. The answer is the 4th one.

6 0

3 years ago

Read 2 more answers

Returning workers confront creepy time capsules of pre-pandemic life

UkoKoshka [18]

The main idea of this article is to expose the space that workers found when returning to their workplaces after isolation from the pandemic.

The article talks about the workplaces that had particular aspects after having been alone for 18 months of isolation due to the pandemic. For example:

There was spoiled food that was left there 18 months ago.
Calendars for the first months of the year 2020.

This situation originated because the workers carried out their daily work routine and did not contemplate being forced to isolate themselves for prevention to acquire the virus of the pandemic of the year 2020.

This question is incomplete because the question is missing. The question is:

What is the main idea of the article?

Learn more in: brainly.com/question/2655465

4 0

3 years ago

Qwest Communications International, Inc. borrowed $499,000 on November 1, 2021, and signed a 12-month note bearing interest at 8

kobusy [5.1K]

Answer:

Interest Payable - 2021 = $6653.33 rounded off to 6653

Explanation:

The accrual principle in accounting requires the revenue and expenses for a period to be matched and recorded in their corresponding or respective periods. Thus, even though the interest on note will be paid at maturity in 2022, the interest expense related to the month of November 2021 and December 2021 will be recorded in the current year at 31 December as interest payable.

Interest Payable - 2021 = 499000 * 8% * 2/12

Interest Payable - 2021 = $6653.33 rounded off to 6653

8 0

2 years ago

Describe the learned hand rule, and discuss the economic logic underlying it. do you believe the objective is being achieved?

klemol [59]

Learned Hands favored an interventionist central government economic policy. He was also influenced by the distribution of wealth. Roosevelt's radical economic reforms including the New Deal Policy. However, was vigilant on the dangers of an authoritarian government and did not agree of "packing the court".

6 0

3 years ago