Answer:
The answer is "$1064.90".
Explanation:
Mortgage balance after 10 years Only at end of the 10th year, we must first calculate the amount of credit outstanding.
[tex]\to PV= \$ \ 200,000\\\\\to N= 15 \times 12 = 180\\\\\to M= 10 \times 12 = 120\\\\\to R= \frac{8 \%}{12} = 0.006667\\\\[/tex]
Amount repaid = [tex]PV \times \frac{(1+r)^m -1}{(1+r)^n -1}[/tex]
[tex]= \frac{200,000 \times ((1+ 0.0066667)^{120} -1)}{(1+0.0066667)^{180} -1}\\\\= \frac{200,000 \times 1.219649054}{2.3069411}\\\\ = 105,737.34[/tex]
Amount of outstanding [tex]= 200,000 - 105,737.34[/tex]
[tex]= 94262.66[/tex]
The balance of mortgage = $94262.66
Refinancing :
[tex]\to N= 10 \times 12 = 120\\\\\to R= \frac{1.50 \%}{12} = 0.00125\\\\\to PV = 94262.66[/tex]
[tex]pmt= \frac{PV \times r}{1-(1+r)^{-n}}\\[/tex]
[tex]=\frac{94262.66 \times 0.00125}{1-(1+0.00125)^{-120}}\\\\=\frac{117.828325}{0.1392114}\\\\=846.40[/tex]
The monthly payment = 846.40
[tex]\text{Monthly savings = earlier monthly payment - current monthly payment}[/tex]
[tex]= 1911.30-846.40 \\\\= \$ \ 1064.90[/tex]
The research and development (R&D) team of DataCom Corp., a software firm, holds a meeting to discuss potential ideas for new products. In the meeting, the moderator encourages everyone to share their ideas, no matter how trivial they may seem. He warns members against criticizing any idea and asks them to focus on offering plenty of ideas. In this scenario, the R&D team of DataCom is engaged in _____.
a. concept testing
b. idea screening
c. brainstorming
d. beta testing
Answer:
c) Brainstorming
Explanation:
The R&D team has invited potential ideas, encouraged by everyone, without criticism.
The company is engaged in Brainstorming. Brainstorming is a group creativity technique, where many ideas from various people are collected, & are pondered upon for arriving at a situation.
1.What is a business transaction?
Answer:
A business transaction is an event involving an interchange of goods, money or services between two or more parties.
Explanation:
A business transaction is an event involving an interchange of goods, money or services between two or more parties. The business transacted can be between two parties engaged in business and conducting the transaction for their mutual benefits, or between a business entity, like a retail shop, and a customer.
One major advantage of pure competition compared to a monopoly is that:
O A. businesses have more incentives to keep prices low.
B. economies of scale become less important.
C. consumers have to make fewer economic choices.
D. more capital is available for research and development.
Answer:businesses have more incentives to keep prices low
Explanation:apex
How do supply and demand help determine the price of a product?
A. By pressuring sellers to lower prices on products to the point that
most buyers can afford to buy them
B. By ensuring that products with a high level of demand will not
suffer from the substitution effect
C. By forcing buyers to accept higher prices so that sellers keep a
large supply of most products
D. By creating a balance between buyers who want low prices and
sellers who want high prices
Answer:
D. By creating a balance between buyers who want low prices and
Explanation:
Supply and demand help in determining the price of a product by creating a balance between buyers who want low prices and sellers who want high prices.
What is demand?Demand is just a consumer's desire to buy products and services immediately and to pay the price associated with them. Demand can be defined as the quantity of things that consumers are prepared and willing to purchase at various prices within a specific time frame. Demand is based on preferences and tastes, which can be explained in terms of the price, advantages, profit, and other factors.
According to the law of demand, if a product's price increases while other parameters remain the same, the quantity required of the product decreases. In other words, if the price of the good rises, the total amount of demand falls. The reason for this is that if customers' opportunity costs rise, they may choose to buy something else instead or decide not to buy it at all. Really intriguing ideas are the law of demand and its exceptions.
What is supply?The quantity of goods or services a provider is willing and able to offer to the market for a given price is referred to as supply in the study of economics. Stock availability and the factors influencing the supply have an impact on the willingness and capacity to make products available to the market. A change in prices also affects the equilibrium of the market. More supplies will be available as prices rise, but the converse will occur as prices fall.
The supplier's response to shifting market pricing is explained by the law of supply. In the simplest terms, suppliers typically maximize profits by raising the number of products delivered when there is a change in the price of a specific good or service.
The market's variables must all remain consistent. Instead, when prices decline, they have a tendency to shift supply to the opposing side until equilibrium is reached.
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Which of the following is not included in the heading of a cover letter? a. Applicant's contact information b. Date C. Employers contact information d. Salutation
Answer:
It's D... Just took the test
Why do you think customer service is important for a business
Answer:
It can help expand your business, if your buisness has amazing customer service your customers will be more willing to return and even refer friends/family/etc. to your business. A business's success is determined by the customers, they are the ones that purchase your goods/products and have the power to make or break a business.
Can someone hurry and help me please!! If you answer be at least 99% sure. Thank you!
What is a likely result of an increase in trade between nations?
A. It will provide consumers with more choice at lower prices.
B. It will increase the cost of goods due to increased competition.
C. It will lower the standard of living in the weaker trade nation.
D. It will restrict the market for domestic products.
Answer:
The answer is A. It will provide consumers with more choice at lower prices.
Explanation:
Option (a), which will give customers more choices at a reduced cost, is the best choice.
What is a likely outcome of an increase in international trade?Trade allows for the expansion of markets and access to products and services that might not otherwise be available locally. The competitiveness in the market has increased as a result of global trade. The cost of the final product for the consumer is reduced as a result of increased pricing competition.
Because it promotes market specialization, fosters innovation, and decreases the cost of commodities globally, trade is crucial for maintaining a competitive global economy. A further benefit of trade is having access to goods and services that may be more affordable and of higher quality than those that are provided domestically.
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Income tax that is payable to the federal government is collected by the
.
who ever anwer is marked brainlist
Answer:
Guy above is 100% correct, I put IRS and got 5/5!
Explanation:
Advise the team leader on the activities that should take place during the performing stage
The correct answer to this open question is the following.
Although there is no more context or reference, we can say the following.
The activities that should take place during the performing stage would be the following.
During the performance stage, the leader and the members of its team are ready to start taking action. After passing the previous stages of the forming stage, the storming stage, the norming stage, it is time, the leader knows that it is the moment to do what was planned. So this performing stage determinant because actions are going to be evaluated to know the effectiveness of the leader. So the leader knows that he/she has to be congruent with what it says and what it does, and deliver the proper results for the benefit of the team.
Employers set workplace guidelines for various reasons, including business reasons or health and safety. Which of the following activities show organizational responsibility for the safety of employees?
Check all of the boxes that apply.
All employees must meet sales goals.
All employees must attend a safety briefing.
All employees must wear a uniform that includes a vest and slacks.
All employees must wear a uniform that includes steel toed boots and a lab coat.
Answer:
B- All employees must attend a safety briefing.
D- All employees must wear a uniform that includes steel toed boots and a lab coat.
The activities show organizational responsibility for the safety of employees are
All employees must attend a safety briefing.
All employees must wear a uniform that includes steel-toed boots and a lab coat.
What is business?An economic activity that involves the exchange of goods and services with teh help of buying and selling with the objective to gain some profit is called Business.
For a variety of reasons, such as financial advantage or concerns for employee safety, employers develop workplace policies. A safety briefing is required for each employee in order to prevent any unanticipated situations.
To protect themselves from dangerous situations or any injuries they may sustain while working, all employees are required to wear a lab coat and steel-toed boots as part of their uniform.
The responsibility for creating and enforcing safety practices rests solely on the employees. Any accident that results from their neglect of safety procedures is their own responsibility.
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Which does branding accomplish
Answer:
A. creates a positive association
Explanation:
Cycle Wholesaling sold merchandise on account, with terms n/60, to Sarah’s Cycles on February 1 for $1,200 (cost of goods sold of $700). On February 9, Sarah’s Cycles returned to Cycle Wholesaling one-quarter of the merchandise from February 1 (cost of goods returned was $190). Cycle Wholesaling uses a perpetual inventory system, and it allows returns only within 15 days of initial sale. Required: 1. to 3. Prepare the journal entry to record the sales, Goods returned on February 9 and Cash collected on March 2. 4. Calculate the gross profit percentage for the sale to Sarah’s Cycles.
Answer: Please find explanation column for answers
Explanation:
a)Journal To record sales of merchandise
Date Accounts titles Debit Credit
Feb 1 Account receivable 1200
Sales revenue 1200
Journal To record cost of goods sold
Cost of goods sold 700
Merchandise inventory 700
b)Journal To record sales return
Date Accounts titles Debit Credit
Feb 9 Sales return and allowance (1200/4) 300
Account receivable 300
To record cost of goods returned
Merchandise inventory $190
Cost of goods sold $190
c)Journal To record cash collection
Mar 2 Cash (1200 -300) $900
Account receivable $900
d) Gross Profit percentage = Net Profit/Net sales =Net sales - cost oof goods sold/net sales
Cost of goods sold = cost of goods sold - cost of goods retuened = 700- 190 = 510
Net profit/ net sales = 900- 510/ 900=490/900= 0.54 = 54%
Workplace harassment protects only a isn’t harassment that is physical in nature?
I'LL give brainlest to whoever can answer this question
Answer:it would be c
Explanation:
Answer:
answer is C
Explanation:
Mary's company trained her to perform managerial functions, formulate innovative strategies, and also solve technical issues. Given this information, it is likely that Mary's company provided her _____. a. diversity training b. decision-making training c. interpersonal skills training d. cross-training
Answer:
b. decision-making training
Explanation:
Analyzing the information above, it is likely that Maria's company provided training for decision making.
It is possible to make this statement, since management functions are those responsible for formulating innovative strategies and also solving technical problems. Therefore, the appropriate training is that oriented to decision making.
A leader is one who formulates strategies that will help an organization achieve its objectives and goals, as well as assist the organization to use the means and actions necessary for these achievements, which is accomplished through strategic and favorable decisions for success organization.
When management fails to set priorities for work, employees tend to _______. a. Decide which tasks to do by flipping coins b. Schedule tasks over a reasonable period of time c. Assume each task is of equal importance d. Work on one task to completion before moving on Please select the best answer from the choices provided A B C D
Answer: C. ASSUME EACH TASK IS OF EQUAL IMPORTANCE
Explanation:
its right
Answer:
C. assume each task is of equal importance
Explanation:
Edge 2021
If consumer wealth decreases as the stock market plunges, then (3 points) there is a movement down the AD curve as price level decreased. AD shifts right and price level would decrease. AD shifts right and price level would increase. AD shifts left and price level would decrease. AD shifts left and the price level would increase.
Answer:
AD shifts left and price level would decrease.
Explanation:
If consumer wealth decreases due to a plunge in the stock market, the AD curve will shift to the left. This is because shifts to the left of the AD curve represent a reduction in demand, and if consumers are poorer, they will naturally decrease their demand.
This will in turn reduce the price level, because in a market system, prices will fall until they meet the new, lower demand, meaning that a new equilibrium price is reached.
How do economists determine whether an economy has entered a recession
in its business cycle?
O A. It alternates rapidly between periods of extreme growth and
decline.
O B. It experiences a contraction that lasts for at least two economic
quarters in a row.
C. It experiences contractions and expansions without peaks or
troughs.
O D. It has a negative value in its steady growth line for less than one
quarter.
It experiences a contraction that lasts for at least two economic quarters in a row is the correct option.
economic quarters typically determine whether an economy has entered a recession in its business cycle by analyzing its Gross Domestic Product (GDP) growth rate. A recession is generally defined as a significant decline in economic activity, typically characterized by a contraction in GDP for two consecutive quarters or more.
Economists also look at other indicators such as employment rates, consumer spending, and business investment to confirm whether the economy is in a recession. These indicators help economists understand the overall health of the economy and its ability to recover from a recession. Option A is incorrect because rapid alternation between growth and decline does not necessarily indicate a recession.
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need help What were Law’s plans?
Answer:
Law created a private national bank and issued paper money, based on the wealth of the French government, in the hopes to pull France out of debt.
-BBBM
Two savanna communities both contain 15 plant species. In community A, each of the 15 species is represented by 20 individuals. In community B, 10 of the species are each represented by 12 individuals; the remaining 5 species are each represented by 3 individuals. Which statement best describes the two communities?
Answer:
Community A has a higher species evenness
Explanation:
Community A has high species evenness because species evenness is the relative proportion of people of different races in a particular area. In Community A, a total of 15 races are represented equally by 20 individuals, while in Community B, 10 out of 15 races are represented by 12 individuals and 5 other 3 individuals. The relative proportion of individuals of different races is greater than A. So that Community A has more species evenness.Year to date, Company Y had earned a 10.8 percent return. During the same time period, Company R earned 12.20 percent and Company C earned −1.56 percent. If you have a portfolio made up of 45 percent Y, 35 percent R, and 20 percent C, what is your portfolio return?
Answer:
8.82%
Explanation:
The computation of the portfolio return is shown below:
Portfolio return = Respective returns ×Respective weights
= (10.8 × 0.45) + (12.2 × 0.35) + (-1.56 × 0.20)
= 8.82%
Hence, the portfolio return is 8.82%
We simply applied the above formula so that the portfolio return could come
And, the same is to be considered
A point inside the production possibilities curve represents -
A. An efficient use of resources
B. Future output
C. An inefficient use of resources
D. An impossibility given current resources
Answer:
i think its letter D!!!!
Ashleigh hires a group of security staff. Each worker works an average of 80 hours per month at $14/hour. If her monthly labor cost for security workers is $23,520, how many security workers did Ashleigh hire? a) 15 b) 21 c) 36 d) 47
Answer:
b) 21
Explanation:
Each worker works an average of 80 hours per month and earns $14 per hour.
Each employee will earn 80 hours multiplied by $14
=80 x $14
=$1,120
If the monthly labor cost for security worked is $23,520, she has hired
=$23,520/$1,120
=21 security workers
Answer: 21 workers
Explanation:
What is the difference in hormones of powerful people vs powerless? Testosterone/cortisal?
Answer: the powerless people are still very powerful with out a power vs the powerful people that have power are still weak and only powerful and strong due to the power they have.
Explanation:
i dont really know how to explain it.
Answer:
People with more of the hormone testosterone have more strength because that is the job of this specific hormone
Rebecca wants to buy a new saddle for her horse. The one she wants usually costs $600, but this week it is on sale for $490. She does not have $490, but she could buy it with $60 down and pay the rest in 6 months with 9 percent interest. Does Rebecca save any money buying the saddle this way? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Answer:
high quality and the other one is a little more than I can say is that I was just wondering if you were still going to be able to make it to the store and get some rest and feel better soon and that is why I am asking for a friend to talk to you about it when I get home
Which of the following is a challenge for a business that wants to begin exporting?
A) increasing company profits.
B) identifying a target market.
C) improper use of a trademark
D) Generate tax dollars for another country.
What are the three basic levels of food service employees?
A
Beginning, intermediate, and advanced
B
Entry, skilled, and supervisory
с
Novice, trainee, and professional
D
Assistant, apprentice, and master
Answer:
entry,skilled, and supervisory
Explanation:
these job categories are entry level
The three basic levels of food service employees are: B
Entry, skilled, and supervisory.
The Entry-level is the lowest level, requiring no little education or training. Those at this level mainly engage in serving the customers, cleaning dishes, and undertaking some other menial jobs within the food-service chain.
Above the entry-level is the skilled-level. Skilled-level employees include chefs, bakers, and other culinary specialists, who require some years of training and education to be certified as qualified professionals.
The last in the basic level of food service employees are those who supervise both the entry-level and skilled-level personnel. At this level, supervisors require managerial attributes, soft skills, and leadership to maintain the relationships between the lower-level employees and the senior (strategic) managers.
Thus, there are three basic levels of food service employees starting with entry, skilled, and supervisory levels.
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1.7.2
Explain any TWO reasons why the team experienced the storming stage
Hi, you've asked an incomplete question. However, here's a brief about the storming stage.
Explanation:
The Storming stage as the name implies refers to a phase where there are storm-like issues or disputes among team members.
Common reasons why a team experiences the storming stage includes:
when there is conflict among team members, because of differences in how to go about work.when some begin to question the authority of others in the team. For example, the team leader's authority may be questioned by others. failure to accept all of the team's goals.Tony works for an organization that raises awareness about environmental
concerns in the community. He wants to make sure his local congressperson
votes for a new law that would make penalties for polluters more severe. He
knows his congressperson really likes a certain restaurant in town, so he's
thinking about getting him a gift certificate for that restaurant. What ethical
dilemma is Tony facing?
O A. Whether to award honoraria to a business leader for reduced
pollution
B. Whether to give a gift to a business leader for reduced pollution
C. Whether to give a gift to a politician while lobbying
O D. Whether to award honoraria to a politician while lobbying
Answer:
C. Whether to give a gift to a politician while lobbying
Henry has been newly appointed as the head of the HR team at AAS Technologies. In an attempt to establish a more efficient and reliable workflow, Henry has taken up the responsibility of creating job descriptions and job specifications for the newly hired and current engineers within the organization. While doing so, Henry gathers information about the knowledge, skills, abilities, and other characteristics (KSAOs) required for an engineer to successfully perform the job. How will determining the KSAOs most benefit the organization?
Answer:
Explained below
Explanation:
KSAOs or knowledge, skills, abilities, and other characteristics, are the unique set of criteria required by a hiring agency or company for a particular job.
Henry, being the HR head at AAS Technologies looks for these features in a desirable candidates to find common sync between the job requirements and the capabilities of the candidate. It proves to be an effective method to filter out less desirable job seekers.