The interest portion in the first payment is 1041.65 dollars which are calculated by multiplying 250,000 dollars by 0.0041666 rate of interest and the percentage of interest portion is equal to 77.62%.
What is a mortgage loan?A loan mortgage is a secured mortgage that lets you avail finances through imparting an immovable asset, which includes a residence or business property, as collateral to the lender. The lender continues the asset till you pay off the mortgage.
here, the given information -
Monthly payment formula of the mortgage loan:
[tex]Monthly loan payment = P \times\, r\, \times \frac{(1+r)^{n} }{(1+r)^{n} - 1 }[/tex]
P: Principal = $250,000
r is rate= 5%, as it is paid monthly, therefore 5/12% - 0.41666%
n = 30*12 - 360months
[tex]\rm\, Monthly \,loan \,payment = 250,000 \times\, 0.0041666\, \times \frac{(1+0.0041666)^{360} }{(1+0.0041666)^{360} - 1 }\\\\Monthly \,loan \,payment = 1041.65 \times \frac{(1.0041666)^{360} }{(1.0041666)^{360} -1 } \\\\Monthly \,loan \,payment = 1041.65 \times \frac{4.4676}{4.4676 - 1} \\\rm\,\\Monthly \,loan \,payment = \$1342.05[/tex]
Now, the interest portion in the first payment is 0.0041666 * 250,000 = $1041.65
Percentage of interest portion in the first monthly payment:
[tex]\rm\, Percentage \,of \,interest\, portion = \frac{1041.65}{1342.05} \\\\\rm\, Percentage \,of \,interest\, portion = 77.62\%[/tex]
Thus, the interest portion in the first payment is 1041.65 dollars which is calculated by multiplying 250,000 dollars by 0.0041666 rate of interest and the percentage of interest portion is equal to 77.62%.
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Suppose a self-regulating economy is in a recessionary gap at the time the Fed enacts expansionary monetary policy. Furthermore, suppose the Fed is able to enact expansionary monetary policy in such a precise way that the economy moves from a recessionary gap into long-run equilibrium, if there are no other changes in the economy. The combination of expansionary monetary policy and a self-regulating economy will cause
The combination of expansionary monetary policy and a self-regulating economy will cause real GDP will rise to the level above natural real GDP and the recessionary gap would hence turn into an inflationary gap situation.
What do you mean by monetary policy?Monetary Policy refers to the control of the quantity of money available in an economy through which new money is supplied.
The self-regulating economy experiences a recessionary gap. The real GDP is less than the level of natural real GDP. The gap is been corrected by the rightward shift in the short-run aggregate supply curve.
Due to interplay, real GDP will rise to the level above natural real GDP and the recessionary gap turn into an inflationary gap.
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After much effort and analysis, you determined the following cost formulas and gathered the following actual cost data for March:Cost Formula Actual Cost in MarchUtilities $16,700 plus $0.15 per machine-hour $ 21,650Maintenance $38,100 plus $2.00 per machine-hour $ 73,900Supplies $0.40 per machine-hour $ 8,200Indirect labor $95,000 plus $1.20 per machine-hour $ 121,100Depreciation $67,900 $ 69,600During March, the company worked 19,000 machine-hours and produced 13,000 units. The company had originally planned to work 21,000 machine-hours during March.Required:1. Calculate the activity variances for March.2. Calculate the spending variances for March.
Answer:
very long question and not clear
What are messages that a company sends to clients to tell them of its services or products or remind them of benefits they can attain by doing business with the company
External-informational messages are the messages that a company sends to clients to tell them of its services or products or remind them of benefits they can attain by doing business with the company.
What are External-informational messages?This can be the way of sending messages or information from a business to people that are outside the business environment.
The message that is sent is meant solely for the external environment and not for the people within.
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Cynthia is interested in investing in clothing unlimited inc. which attribute from the stock quote can cynthia use to determine how the stock has performed over the past year? a. current price b. net change c. open price d. positive or negative result for the one-year change e. previous close price
The data on the positive or negative result for the one-year change is the most important data from the stock quote that Cynthia can use to determine how the stock has performed over the past year.
What is a stock quote?This refers to the price of a stock as it is being quoted in decimals on an stock exchange.
The data on the positive or negative result for the one-year change is the most important data from the stock quote to use.
Therefore, the Option D is correct.
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Jerica wants to watch videos about careers in the construction field. which resource would be most helpful for this? careeronestop o*net the bls the sba
The resource would be most helpful for this careeronestop hence option A is the correct answer.
What is Careeronestop?Careeronestop is an online tool that seeks to help job seekers and the unemployed get the right information they need about their next job or the job they are about to apply to.
Careeronestop provides resources ranging from videos, training, and workshops.
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A commenced his cloth business on 1st April, 2018 with a capital of ₩30,000. On 31st March 2019, his assets were worth ₩50,000 and liabilities of ₩10,000. Find out his closing capital and profits earned during the year.
[tex] \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: [/tex]
Help me with this question ~
Answer:
Profits = ₩10,000
Closing Capital = ₩40,000
Explanation:
Let's note down the given information at first.
Opening capital = ₩30,000Worth of assests after 1 year = ₩50,000Liabilities = ₩10,000Now,
Profits
= (Worth of assets after 1 year - Liabilities) - Opening capital
= (₩50,000 - ₩10,000) - ₩30,000
= ₩10,000
Next, let's find the closing capital
= Assets - Liabilities
Assets ₩50,000
Liabilities ₩10,000
[tex]\rule{150pt}{1pt}[/tex]
Closing capital ₩40,000
[tex]\rule{150pt}{2pt}[/tex]
What is the organizational structure for an supermarket?
Answer:
An array of repeat customers grouped in various local areas, A chain of retail stores, various transportation systems, A set of warehouse distribution centers, and An array of product suppliers under contract.
Explanation: In carrying out its function, a supermarket business acquires and assembles a wide assortment of goods from individual suppliers, then organizes and distributes them as-needed to a chain of retail stores for sale to local customers.
The new economy a. all of the above. b. moves white collar jobs to countries with cheaper labor. c. shifts demand from physical labor to cognitive abilities. d. moves manufacturing to countries with cheaper labor.
The new economy will move white-collar jobs, shift demand from physical labor and moves manufacturing to countries with cheaper labor. Thus the correct option is A.
What is an economy?An economy is a huge series of connected production and consuming activity that helps determine how limited resources are distributed in an efficient manner.
The new economy will help provide better production options with cheaper labor available in countries and advanced technology utilization. Small firms can also do business with the help of entrepreneurship by bringing innovative ideas to work.
This will bring cultural advancement which helps in hiring people from diversified backgrounds at work and by moving white-collar jobs to countries with cheaper rates. This will help them with opportunities to grow.
Therefore, option A all of the above is the correct answer.
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conduct a research in your community on the negative Impact of strikes as socio-economic issue on businesses
To conduct research in your community on a topic you can use either qualitative or quantitative research methods.
What is qualitative research?It corresponds to a more comprehensive and subjective approach to the investigation of social phenomena. As it is an exploratory research, different means of data collection can be used, such as interviews.
Therefore, if you are going to use the interview method, it is essential to organize a well-structured script to achieve the expected solution.
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__________are networks of independent companies, suppliers, customers, and manufacturers connected via information technologies so that they can share skills and costs and have access to each other's markets.
The complete statement reads "Virtual organization networks of independent companies, suppliers... " This is further explained below.
What is a virtual organization?Generally, the virtual organization is simply defined as
In conclusion, Using information technology, a virtual organization is a network of independent enterprises, suppliers, consumers and manufacturers that may pool talents and expenses and get access to one other's markets via the sharing of information.
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Working proactively to ensure that your physical place of business is (1) free of potential hazards and (2) ________ will prevent on-premises injuries and violations of EEOC or OSHA rules.
Companies working Proactively just to ensure that the physical place of business is free 1. free of potential hazards and 2. secure from intruders will prevent on-premises injuries and violations of EEOC or OSHA rules.
What do you know about OSHA rules?The Occupational Safety and Health Administration is a huge regulatory employer of the USA Department of Labor that in the beginning had federal visitorial powers to check out and study workplaces.
Thus, the correct fill-in-the-blank here will be secure from intruders.
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On April 1, 20X1, Nelsen Inc. accepts a $100,000, 8% note. The note receivable and interest are due on March 31, 20X2 (one year later). On December 31, 20X1, Nelsen will accrue interest revenue of:
Based on the amount received as a notes receivable, and the month the interest revenue is recorded, the amount accrued would be $2,000.
What interest revenue will be accured?From December 20X1 to March 20X2 will be 3 months.
The interest revenue will therefore be:
= Amount of note receivable x Interest rate x Number of months till interest is due
= 100,000 x 8% x 3/12 months
= $2,000
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How is a mutual fund different than an index fund?
Answer:
Index funds are mutual funds, but instead of owning maybe twenty or fifty stocks, they own the entire market. (Or, if it's an index fund that tracks a specific portion of the market, they own that portion of the market:)
Scattergraph, High-Low Method, and Predicting Cost for a Different Time Period from the One Used to Develop a Cost Formula Farnsworth Company has gathered data on its overhead activities and associated costs for the past 10 months. Tracy Heppler, a member of the controller's department, has convinced management that overhead costs can be better estimated and controlled if the fixed and variable components of each overhead activity are known. One such activity is receiving raw materials (unloading incoming goods, counting goods, and inspecting goods), which she believes is driven by the number of receiving orders. Ten months of data have been gathered for the receiving activity and are as follows: Month Receiving Orders Receiving Cost 1 1,000 $18,000 2 700 15,000 3 1,500 28,000 4 1,200 17,000 5 1,300 25,000 6 1,100 21,000 7 1,600 29,000 8 1,400 24,000 9 1,700 27,000 10 900 16,000 Required: 1. On your own paper, prepare a scattergraph based on the 10 months of data. Based on this, does the relationship appear to be linear? 2. Using the high-low method, select a cost formula for the receiving activity. Using the cost formula, what is the predicted cost of receiving for a month in which 1,450 receiving orders are processed? $fill in the blank 3 3. Prepare a cost formula for the receiving activity for a quarter. Based on this formula, what is the predicted cost of receiving for a quarter in which 4,650 receiving orders are anticipated? $fill in the blank 4 Prepare a cost formula for the receiving activity for a year. Based on this formula, what is the predicted cost of receiving for a year in which 18,000 receiving orders are anticipated?
The relationship is non linear and the cost formula is: $6,600 + ($12 x number of receiving orders) and the predicted cost is $24,000.
Cost formula1. The relationship of the a scatter-graph is non linear.
2. Cost formula
Cost formula for the receiving activity= $6,600 + ($12 x number of receiving orders)
3. Predicted cost
Predicted cost= $6,600 + ($12 x Number of receiving orders)
Where:
Number of receiving order=1,450
Hence:
Predicted cost=($6,600 + $12 x 1450)
Predicted cost=$6,600+$17,400
Predicted cost= $24,000
Therefore the relationship is non linear and the cost formula is: $6,600 + ($12 x number of receiving orders) and the predicted cost is $24,000.
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Which type of people should be chosen to form the project team?
Answer:
which tipe of team...............
How does accenture help companies harness the power of data to achieve optimal business outcomes?.
The things that are implemented by Accenture to ensure the reliability of their data are data governance and management policies.
What is data governance?Data governance simply means the collection of tools, processes, standards, policies, etc. which ensure the efficient and effective use of information in an organization.
Data governance and management policies are used by the company for the efficient use of information. Also, the use is strong authentication in order to access sensitive data is needed to ensure privacy.
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who is the fastest typist ever recorded and how many words per minute did she type?
Explanation:
The fastest typist ever recorded is Stella Pajunas-Garnand.
She typed 216 words in a minute.
She's from Chicago, US.What are concerns of risk of Sovereignty? Include some examples.
In December there is a large demand for evergreen trees. They are sold on city corners and parking lots for Christmas. According to the law of supply, what scenario would you expect to see with the Christmas trees
The scenario that will be expected to see with the Christmas trees is the increase in the supply and prices of the trees since October.
What is the law of supply?The law of supply is a principle of microeconomics that states that when the price of an item or service rises, so the quantity of service that the company gives will also increase, and vice versa.
According to the law of supply, prices come down when supply increases for an item or service. When the price got declines of a product then the quantity provided also reduces.
Therefore, an increase in the prices and supply of the trees two months before to provide an adequate amount of supply as the demand is high.
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Question 1 of 10
What is one advantage of a trade school education?
A. You can postpone getting a job longer.
One advantage of a trade school education is that there is easier access to courses and specialized knowledge.
What is a Trade School Education?This refers to the type of education where some technical skills are taught to students to be knowledgeable in certain tradecrafts and occupations.
Hence, we can see that based on the fact that this is post-secondary education, it gives the students the added edge of getting access to skills and specialized knowledge.
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Answer: It is less costly than attending a four-year college.
Explanation:
_____ refers to training, formal education, job experiences, relationships, and assessments of personality, skills, and abilities that help employees prepare for future jobs or positions.
Developments refers to training, formal education, job experiences, relationships, and assessments of personality, skills, and abilities that help employees prepare for future jobs or positions.
Why is development impossible?it is important because it makes a employee relevant.
To attain certain height in an individual career development is important to avoid being stagnant
Therefore, Developments refers to training, formal education, job experiences, relationships, and assessments of personality, skills, and abilities that help employees prepare for future jobs or positions.
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In what way does a cost center differ from either an investment center or a profit center? Select one: A. Cost centers are a much less common component of current business organizations, given the increased emphasis on value chain analysis. B. A cost center is always smaller than either an investment center or a profit center. C. A cost center recognizes neither revenues nor computes income. D. Both A and B are correct.
Answer:
C. A cost center recognizes neither revenues nor computes income
Wich of the following accounts is credited after the sale of a fully depreciated asset
Answer:
Relevant asset account is credited
What is the relationship between costs of materials and distribution channels?
Answer:
A distribution channel is the set of steps it takes for a product to get in the hands of the key customer or consumer. Distribution channels can be direct or indirect. Distribution can also be physical or digital, depending on the kind of business and industry.
Explanation:
When you start at a new job, what are two documents that you will fill out?.
Answer:
I-9Form of identification or financial form(e.g. direct deposit form, benefits enrollment form, W-4)A negative cross elasticity of demand means that two goods are _____, while a negative income elasticity of demand means that a good is a(n) _____ good. complements; normal substitutes; inferior substitutes; normal complements; inferior
A negative cross elasticity of demand means that two goods are complements, while a negative income elasticity of demand means that a good is a(n) inferior good.
What is cross elasticity of demand?
This is a term that has to do with the sensitivity of the demand of goods and services to the prices of other goods.
When it is negative it means that they are complements. It is inferior when income elasticity is also negative.
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Kendall Wong has a car to sell and advertises it online. Several potential buyers test drive the car. All five conditions that are necessary for an exchange to occur exist in this scenario. Has an exchange occurred
The exchange has not taken place, the exchange will occur only when Until Kendall sells the car.
A process of taking something from someone on behalf of anything is called an exchange. For example when we purchase a product and in return provide money to the shopkeeper.
The condition which is compulsory by while making an exchange is there should be the presence of both the party in exchange in which one is the giver and another one is the receiver.
Both the parties involved in the exchange are free to accept and reject the offer. There should be fair communication between both parties to successfully close the deal.
The value of exchange should be worthful to another party in terms of market rate, there should be no place for exploitation or fraudulent behavior will be accepted. The consent of both parties is required to take place in exchange.
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Question number 1) at millions of dollars per ad, the super bowl is by far the most expensive television media program. the video suggests that this high expense can be well worth it for companies because __________________________.
Answer:
Why has my town experienced record-breaking cold and snowfall if the climate is warming? Is there scientific consensus that people are causing today's climate change? Do natural variations in climate contribute to today's climate change?
Giorgio had cost of goods sold of $9,101 million, ending inventory of $2,089 million, and average inventory of $1,900 million. Its inventory turnover equals: Multiple Choice 0.21. 4.36. 4.79. 76.2 days. 83.8 days.
Based on the scenario given above, the inventory turnover equals 4.79. Check more about the term below.
What is inventory?Inventory is a term that is used for all items, goods, and materials held by a business that are meant to be sold in the market to get a profit.
Based on the scenario given above, since Giorgio had cost of goods sold of $9,101 million, ending inventory of $2,089 million, and average inventory of $1,900 million. Its inventory turnover equals, the inventory turnover equals 4.79.
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Vietnam is the ___ largest exporter of coffee, accounting for about 10. 5% of the world’s export?.
Vietnam is the exported 5th largest largest exporter of coffee, accounting for about 10. 5% of the world’s exports.
What is Exportation?Exportation can be regarded as the process of moving goods and services from one country to another with the aim of trading.
Therefore, in term of exportation of goods and services, Vietnam is one of the country that export coffee in the world and it serves as their major export.
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