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Paha777 [63]
2 years ago
7

The concept of​ "Power Payments" will help you repay your loans faster and reduce your total interest payments. Consider a situa

tion where you have 3​ loans:
Loan A has a loan payment of​ $500/month and an interest rate of​ 5% APR;
Loan B has a payment of​ $200/month and an interest rate of​ 3% APR;
Loan C is a credit card with a payment of​ $300/month and interest rate of​ 18% APR.
You just made the final payment on your auto loan​ (Loan A). ​ Yahoo!! What should you do with the​ $500/month payment that you no longer have to pay on Loan A if you want to reduce your loans as fast as​ possible?
Business
1 answer:
NeX [460]2 years ago
6 0

Answer:

You should pay loan C since it does not only represent the largest monthly payment, but it also has the highest APR. The sooner you pay your credit card balance (loan C) the better.

On the other hand loan B has a smaller monthly payment and a much lower APR.

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Nefchio is a popular website among online gamers. It uses interactive and collaborative features to create a richer, more intere
Mrac [35]

Answer: Web 2.0

Explanation:

Web 2.0 are the websites that are easy to use, have participatory culture, utilize user-generated content for its end users.

This is the method used by Nefchio as we are informed that it uses interactive and collaborative features to create a richer, more interesting, and more useful experience for its users to beat the competition in the industry.

5 0
1 year ago
Cosmo has just made his dream come true of buying the property that his restaurant occupies. His excitement is short lived, howe
forsale [732]

Answer:

Realistic aspect

Explanation:

Considering the scenario described in the question it can be concluded that Cosmo shifted his focus onto which REALISTIC aspect of goal-setting theory.

This is because following Cosmo making his dream come true of buying the property that his restaurant occupies, the idea that he could rent out the storefront next to the restaurant for added income is a REALISTIC Aspect of Goal Getting.

This implies that Cosmo is more realistic in terms of his financial abilities and willingness to work toward the goal of paying off the mortgage loan

7 0
1 year ago
Every year you pay your neighbor $150 to clean the gutters at your house. You are pretty good friends so you know that your neig
Juliette [100K]

Answer:

$599

Explanation:

The maximum willingness to pay for the Gutter Snipe is the present value of annual payment made to the neighbor.

Annual Payment = $150  

Time = 5 Years

Rate = 0.08

Present Value of Annuity = P*[1 - (1 + r)^-n / r]

                                          = 150*[1 - (1 + 0.08)^-5 /0.08]

                                          = $599

Therefore, The most you would be willing to pay to buy GutterSnipe for your house is $599.

8 0
2 years ago
Which of the accompanying boxplots likely has the data with the larger standard​ deviation? why?
Paraphin [41]

The answer is Boxplot II.  The standard deviation for the data associated with Boxplot II will likely have a larger standard deviation. Boxplot II has a greater spread than Boxplot​ I, as measured by the interquartile​ range, which is  related directly to the standard deviation of a data set.


7 0
2 years ago
In the six Ms model of marketing communications, strategic intent refers to: mission and money. market and media. message and ma
Travka [436]

Answer:

Mission and Market.

Explanation:

Strategic intent describes what organization wants to attain with the help of its communication mix, where it wants to reach with the help of applying all the tools of the communication mix. Putting it simply, where the firm actually wants  to land. It gives any organization the main basis for their planning process and inspiration to go ahead in the business. Firms try to achieve a strategic fit and synchronization between its internal resources and abilities and eternal opportunities posed by the outside macro-environment. Its gives a bigger picture to the firm that what they should convey to the target market in their overall marketing communications.

3 0
1 year ago
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