Answer:
Monthly payment = $1,779.41
Explanation:
A mortgage is a a form of loan that is secured on a specified property that the debtor with predetermined periodic payments over a fixed period of time.
Here is the formula for calculating Hugh's monthly repayment
[tex]\\P[\frac{r(1+r)^n}{((1+r)^n)-1)}][/tex]
Explanation of the terms below
P = Loan amount. M = Monthly mortgage payment. r = Interest rate. Which has to be recalculated to monthly. Therefore monthly rate[5.9% expresssed in percentage] = [tex]\frac{0.059}{12}[/tex] = 0.004917n = number of payments. This is the loan term. Therefore our N = 30 years by 12 months = 360.Fitting into the formular:
[tex]\\300000 * \frac{0.004917(1+0.004917)^'360'}{(1+0.004917)^'360'}-1[/tex]
Which is = $1779.41 monthly
________ is the process of converting a poorly-structured table into two or more well-structured tables.
Kriyoto inc. is a manufacturer of printers, scanners, and other office equipment. it announced a cash refund for corporate purchases in quantities more than ten. rick purchased 20 color printers for his office from kriyoto during this sale. to avail the cash refund, he had to mail in a proof of purchase, purpose of purchase, proof of his company's legality, and his cash register receipt. in this case, rick has received a:
Given an interest rate of 14.6 percent per year, what is the value at t = 8 of a perpetual stream of $1,250 annual payments that begin t =25
To find the value at t = 8 of a perpetual stream of $1,250 annual payments beginning at t = 25 with a 14.6% interest rate, calculate the present value by discounting the future cash flows back to t = 8 using the formula PV = PMT / (r). The present value is $8,561.64.
Given an interest rate of 14.6 percent per year, what is the value at t = 8 of a perpetual stream of $1,250 annual payments that begin t =25?
To calculate the present value of a perpetuity starting at t = 25, we need to determine the value at t = 8 by discounting the future cash flows back to t = 8 using the present value formula.
Using the present value formula: PV = PMT / (r), where PV is the present value, PMT is the annual payment, and r is the interest rate. Substituting the values, PV = $1,250 / 0.146 = $8,561.64.
Researchers sample 4 comma 0004,000 households concerning tv shows they watch. based on the sample 1616% reported watching 60 minutes. what is the 95% confidence interval for the proportion of all americans that watch 60 minutes?
Final answer:
To determine the 95% confidence interval for the watching habits of all Americans, we use a formula involving the sample proportion, the Z-score for the desired confidence level, and the sample size. After the necessary calculations that include finding the standard error and margin of error, the confidence interval can be established for the proportion of viewers.
Explanation:
To calculate the 95% confidence interval for the proportion of all Americans that watch the TV show 60 minutes, based on the 16% reported from the sample of 4,000 households, we use the formula for a confidence interval for a proportion:
CI = π ± Z*(√(π(1-π)/n))
Here, π is the sample proportion (0.16), Z is the Z-score corresponding to the 95% confidence level (which is approximately 1.96), and n is the sample size (4,000).
First, we calculate the standard error (SE):
SE = √(π(1-π)/n) = √(0.16(1-0.16)/4000)
Then, we calculate the margin of error (ME):
ME = Z*SE = 1.96*√(0.16(1-0.16)/4000)
Finally, to find the confidence interval, we add and subtract the ME from the sample proportion:
CI = 0.16 ± ME
After performing the calculations, you get the 95% confidence interval for the proportion.
What is the standard deviation of a portfolio's returns if the mean return is 15%, the variance of returns is 184, and there are three stocks in the portfolio?
Final answer:
The standard deviation of the portfolio's returns is approximately 13.5647%, calculated as the square root of the variance, which is 184.
Explanation:
To find the standard deviation of a portfolio's returns, we take the square root of the variance. Given that the variance of returns is 184, the standard deviation would be the square root of 184. This calculation does not directly depend on the number of stocks in the portfolio or the mean return.
So, the standard deviation is:
√184 = 13.5647 (approximately)
The standard deviation is a measure of the dispersion of returns around the mean, and a higher value indicates a greater risk or volatility in the portfolio's returns. In this case, the portfolio's returns have a standard deviation of about 13.5647%.
Instruck inc. is a real estate firm based in colorado. the company ensures that employees' pay is dependent on what they are capable of doing. the company also supports efforts to empower its employees by encouraging them to be independent and making decisions in various areas. this, in turn, ensures job enrichment. based on this information, identify the pay structure being exemplified in this scenario.
Full disclosure of all important facts aids in overcoming the limitations of accounting information.
a. True
b. False
At the end of 2006, _________, which has one of the highest rates of hiv in the nation, became the last of the fifty states to approve legislation permitting needle-exchange programs.
an information system will cost $95,000 to implement over a one-year period and will produce no savings during that year. When the system goes online the following year, the company will save $30,000 during the first year of operation. For the next four years, the savings will be $20,000 per year. Assuming a 5 percent discount rate, what is the NPV of the system
For the year 2015, systems corporation earned a net operating income of $2 million on sales of $6 million. assume that the company's average operating assets were $20 million. what is the company’s roi?
The solution would be like this:
Given: $20 million Asset
$2 million Income
$2,000,000 / $20,000,000
= 0.1
= 0.1 * 100%
= 10%
Therefore, Systems Corporation return of investment is 10%. To add, ROI is usually expressed as a percentage and is typically used for personal financial decisions, to compare a company's profitability or to compare the efficiency of different investments.
Without nonverbal cues, ____ and ____ are more important when you use an office phone
When using an office phone or any phone for calling someone, the two most important things to make sure is the etiquette and the voice. This is because in the absence of visual actions or nonverbal clues when talking through the phone, the other person on the line might likely misinterpret what you are really trying to convey.
Answers:
etiquette and voice
What condition is being met when goods are being produced and sold at the lowest possible average cost?
Final answer:
Productive efficiency means producing without waste, so that the choice is on the production possibility frontier. In a perfectly competitive market, firms produce and sell goods at the lowest possible average cost.
Explanation:
Productive efficiency means producing without waste, so that the choice is on the production possibility frontier. In the long run in a perfectly competitive market, because of the process of entry and exit, the price in the market is equal to the minimum of the long-run average cost curve. In other words, firms produce and sell goods at the lowest possible average cost.
When goods are sent f.o.b. shipment, the title and risk of loss:
a. pass to the carrier at the point of origin
b. pass to the buyer at the point of origin
c. pass to the buyer at the destination
d. pass to the buyer when he/she accepts the goods?
Companies generally pay temporary employees lower wages and offer fewer benefits than they extend to their core counterparts. nevertheless, what are some of the possible drawbacks for companies that employ temporary workers? do you believe that these drawbacks outweigh the cost savings? explain your reasoning
Incoterms refer to ____. select one:
a. standardized procedures for handling international shipments
b. standardized international trade terminology
c. a specific method of payment for international shipments
d. terms of sale for international shipments
The answer here is incoterms are standardized international terminologies. Incoterms which is the short term for “international commercial terms” are made so that there is an easier way for which the traders in the international trade can understand each other. These are trade terms by the International Chamber of Commerce (ICC) which are used by both international and domestic trade contracts. In 1936, these terms were first used and from time to time, these incoterms are updated especially in the current trade practices. Due to the updates every now and then, contracts must then be specified as to what version of incoterms are they using.
Explain how the core product and supplementary services are integrated in the context of an overnight hotel stay. please give detailed examples.
Answer:
Explanation:
An example of a core product for a service is _____.A.a safe and comfortable overnight stay in an unfamiliar cityB.the actual hotel room that the consumer stayed inC.the spa, gym, swimming pool, and room service at the hotelD.the discount given on the hotel as a result of membership in AAA
One difference between project management and project leadership is that project management includes
Monitoring results against plans is the difference between project management and project leadership that project management includes.
To add, project management is the discipline of initiating, planning, executing, controlling, and closing the work of a team to achieve specific goals and meet specific success criteria.
A company declared a cash dividend of $8,560 on december 5, 2015. the company made a cash dividend payment on january 8, 2016. what is the cumulative effect of the declaration and payment of the cash dividend on the company's financial statements?
Adam borrows $4,500 at 12 percent annually compounded interest to be repaid in four equal annual installments. the actual end-of-year payment is ________.
The actual end-of-year payment is $1,482
Using this formula
Actual end-of-year payment=Amount borrowed/PVAF (12% , 4 years)
Let plug in the formula
Actual end-of-year payment=$4,500/3.0373
Actual end-of-year payment=$1,481.58
Actual end-of-year payment=$1,482 (Approximately)
Inconclusion The actual end-of-year payment is $1,482.
Learn more here:
https://brainly.com/question/4659756
If a team uses wikis to collaborate on a report, the editing and upgrading of information should be done by __________.
a. professional website developers
b. only the member who created the particular wiki
c. the collaborating members
d. only the manager of the team
e. anyone in the organization
________ and their members provide value because they buy and sell securities on behalf of the companies and individuals they represent.
Suppose that in february 2020, policymakers undertake the type of policy that is necessary to bring the economy back to the natural level of output, given the scenario just described. in april 2020, exports decrease because china implements trade restrictions on goods. because of the
Mayan company had net income of $33,250. the weighted-average common shares outstanding were 9,500. the company sold 4,500 shares before the end of the year. there were no other stock transactions. the company's earnings per share is:
The company’s earnings per share would still be based on the common shares outstanding of 9,500. This is because the 4,500 selling transaction is not yet accounted for that last accounting period. Therefore,
Earnings per share = $33,250 / 9,500 shares
Earnings per share = $3.5 per share
Answer : The company's earnings per share is, 3.50
Explanation :
As we are given that:
Net income = $33,250
Share outstanding = 9500
Earning per share = [tex]\frac{\text{Net income}}{\text{Share outstanding}}[/tex]
Earning per share = [tex]\frac{33250}{9500}[/tex]
Earning per share = 3.50 per share
Thus, the company's earnings per share is, 3.50
Blank is the ability of a product to satisfy a customer
In unit pricing, the total value of the contract is a function of the quantities needed to complete the work.
A(n) _____ designates the medium or media to be used, the specific vehicles, and the insertion dates of the advertising.
What is one advantage of having 2 costs pools for each service department?
The advantage of having two cost pools for each service department is more accurate cost allocation, which can prevent disproportionate subsidization of certain departments or services.
One advantage of having 2 cost pools for each service department is the potential for more accurate allocation of costs.
By using a double-step-down method, where service center costs are allocated once and then any remaining indirect costs are allocated again, it reduces the issue of subsidization that can arise from cross-allocation. For instance, if an office manager's copies in a copy center are not reflected in the total volume of copies made due to indirect cost allocation, this can lead to mission centers unfairly absorbing a larger share of the copy center's costs. Having two cost pools allows for a more nuanced distribution that considers activities like the office manager's copying, helping to ensure that each department or mission center bears a fairer share of the total costs. The double-step-down method when employed correctly, can lead to more equitable cost distribution and prevent situations where certain services or departments subsidize the costs of others disproportionately.
One advantage of having two cost pools for each service department is more accurate cost allocation.
This method allows each department's unique costs and usage to be more precisely accounted for.
More Accurate Allocation: Different activities incur different costs, and separating these into two pools helps in reflecting those differences accurately.Better Decision Making: Managers can make informed decisions when they have a clearer understanding of where and how costs are incurred.Reflects Usage Patterns: Departments with varying workflows and economies of scale can be better assessed with separate cost pools.Enhanced Accountability: Each department is more accountable for its usage and costs, promoting efficiency and cost-saving measures.In summary, utilizing two cost pools ensures an equitable and precise allocation of costs, aligning resources better with departmental activities and needs.
An employee is _________when a company purchases an insurance policy against losses from theft by that employee.
I have been looking online and in my textbook but can't find what the answer is.
Please help.
Its accounting 101
John,a supervisor at the local factory, receives frequent requests from workers on how to fix the machine they use.What should John do?
John needs to make sure the other workers know how to fix the machine as well so he isn't always left fixing the machine himself. There may also be some tips John can share that allows them to make sure they are taking proper care of the system when they use the machine to help it from breaking as often.
Property ownership madison owned a tract of land, but he was not sure that he had full title to the property. when rafael expressed an interest in buying the land, madison sold it to rafael and executed a quitclaim deed. rafael properly recorded the deed immediately. several months later, madison learned that he had had full title to the tract of land. he then sold the land to linda by warranty deed. linda knew of the earlier purchase by rafael but took the deed anyway and later sued to have rafael evicted from will linda succeed in claiming title to the land? explain.
Final answer:
Linda's attempt to claim title and have Rafael evicted is likely to fail because Rafael's properly recorded quitclaim deed precedes her warranty deed, which guarantees title but was granted secondarily.
Explanation:
The question relates to property rights and the transfer of such rights during real estate transactions. The scenario involves Madison selling a tract of land to Rafael using a quitclaim deed, which indicates he did not guarantee the title but transferred whatever interest he had in the property. Rafael then recorded the deed properly. Subsequently, Madison sold the same land to Linda with a warranty deed, which does guarantee the title. Linda was aware of Rafael's earlier purchase when she accepted the warranty deed. The crucial factor here is that the first transaction with Rafael did indeed transfer Madison's full title to Rafael, and the recordation of this deed protects Rafael’s interests in the property. As a result, Linda's subsequent purchase does not legally entitle her to have Rafael evicted. Linda’s action against Rafael will likely fail, as Rafael holds the proper, earlier recorded title to the property.