Answer:
Check the answers below!
Explanation:
There is just one question despite the exercise requires completition of 7 additional numerals.
a. Required down payment = Price of the condominium * interest rate required by the bank.
$95.000 * 20% = $19.000
b. 28% of adjusted monthly income is:
(5000-145)*28%=
1359.4
c. Monthly payments of principal and interest for a 25-year loan.
Using PV of ordinary annuity formula,
with PV of the bank loan =96000*80%=76800
d.Total monthly payment=
671+((346+1400)/12)=
817
e.YES---- 817 < 1359.4
f. Amt. of First payment on the loan applied to the principal:
671-(76800*0.00792)=
62.74
ie.$ 63
g.Total amount she pays for the condominium with a 25-year conventional loan(without including taxes & homeowners' insurance)
671*12 mths. *25 yrs. =
201300
h) So, Total interest paid for the 25-year loan:
201300-76800=
124500
No.of periods=25*12=300
at monthly interest of 9.5%/12=
76800=Pmt.*(1-1.00792^-300)/0.00792
Solving the above, we get the monthly payment as 671
Answer:
The Human Resources (or ‘HR’) Management pathway focuses on the staff of a company. They work on planning, recruiting, hiring, training, safety, and overall employee development
Emilee have to worry about doing anything reltaed to that because she hired alonzo
Answer: See explanation
Explanation:
a. Direct material = 4 × 33300 = Make $133200 ; Net income increase
Direct labor = 5 × 33300 = Make $166500 ; Net income increase
Variable costing= 0.61 × $166500 = Make $101565 ; Net income increase
Fixed manufacturing = Make 43100 ; Buy 43100 ;
Purchase price = 13.16 × 33300 = Buy $438228 ; Net income decrease
Total annual cost:
Make: $444365
Buy: $481328
Net income decrease = $36963
b. No, Pottery Ranch should not buy the finials. There's an incremental cost of $36963.
c. Incremental revenue = $50,367
Incremental cost = $36963
Incremental revenue = $50367 - $36963 = $13404
In this case, it should be bought.
Answer:
Increased education adds to the stock of human capital, not unlike building factories adds to the stock of physical capital.
Explanation:
Economic growth can be defined as a persistent increase in the real Gdp of a country overtime.
An increase in the quantity of labour doesn't always lead to economic growth.
An increase in the productivity of labor leads to economic growth.
Third world countries aren't usually rich in human capital. One of the measures of human capital is education. Education is usually deficient in third world countries.
Factors that lead to economic growth are :
1. Improvement in technology
2. Investment in physical capital.
3. Increased availability of natural resocurces.
4. Investment in human capital
I hope my answer helps you
Answer:
In order to find IRR we have to set the present value of all cash flows to 0,
IRR is the rate at which if we discount the payments the NPV (net present value) will be 0
-1875000+
415,350/(1+IRR)
415,350/(1+IRR)^2
415,350/(1+IRR)^3
415,350/(1+IRR)^4
415,350/(1+IRR)^5
415,350/(1+IRR)^6
415,350/(1+IRR)^7
Now we can use trial and error to see at what rate will the npv be
IRR= 12.35%
Another simple way of doing is using the cash flow function of a financial calculator and input these values.
CF0=1875000
C01=415,350
C02=415,350
C03=415,350
C04=415,350
C05=415,350
C06=415,350
C07=415,350
Explanation:
