A person purchased a $214,934 home 10 years ago by paying 10% down and signing a 30-year mortgage at 10.2% compounded monthly Interest rates have dropped, and the owner wants to refinance the unpaid balance by signing a new 20-year mortgage at 4.5% compounded monthly. $314,436.99, interest will be refinancing save.
Given information:
Home price: $214,934
Down payment: $21,493.40 (10% of home price)
Loan amount: $193,440.60 ($214,934 - $21,493.40)
Interest rate: 10.2% compounded monthly
Loan term: 30 years (360 months)
The originally mortgage over 30 years is $374,394.67.
Refinanced mortgage:
$154,856.77 still unpaid (or $193,440.60 minus $1,601.46 divided by 10 years, 12 months).
4.5% per month in compound interest
20 years (240 months) is the loan period.
The total interest paid on the refinanced mortgage over 20 years, according to a mortgage calculator, is $59,957.68.
Refinancing resulted in an interest savings of $374,394.67 - $59,957.68 = $314,436.99.
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Use the drop-down menus to explain how to create a subreport. 1. Open the table in view. 2. On the Design tab, click Min Grouping & Totals. 3. Select "with a footer section" from a drop-down menu in a pane below. 4. Next, choose Subform/Subreport from the command group. 5. Place the cursor at an insertion point. Then, to create a space. 6. In the Subreport Wizard, choose what you want to include in the subreport from the main table. 7. Once you are satisfied, create a name for the subreport, and click Finish. DO NOT PUT ANY FILES JUST THE ANSWER.
Answer:
design
group and sort
control
click and drag
Explanation:
gg
Where do you report a stolen credit card to efta standards or pci standards
A merchant's PCI DSS compliance can be confirmed using the PCI Report on Compliance. The PCI DSS's standards and procedures were created to increase the security of credit card-based transactions and safeguard cardholder data from fraud and other unauthorized uses of their personal data.
To protect cardholders' private information and boost the security of transactions involving credit, debit, and cash cards, the Payment credit card Industry Data Security Standard (PCI DSS) is a well-known set of rules. PCI Compliance is NOT a one-time project but an ongoing practise. Merchants (the Business Owner) are in charge of overseeing the finances of their company's activities.
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why does producer surplus exist?some producers are willing to produce at a price that is below the equilibrium price.
Producer surplus exists when producers can sell goods at a price above their cost of production, earning a profit. It indicates profitability, encourages investment, and fosters economic growth.
Producer surplus exists because some producers are willing to produce at a price that is below the equilibrium price. The equilibrium price is the market price where the demand for goods and services is equal to the supply of goods and services. Producers who can produce goods at a lower cost than the equilibrium price can sell their goods at a price that is above their cost of production and earn a surplus, which is the difference between the price they receive and the cost of production.Producer surplus is the difference between the amount a producer is willing to accept for a good or service and the amount they actually receive. Producers who can produce goods at a lower cost than the equilibrium price can sell their goods at a price that is above their cost of production and earn a surplus, which is the difference between the price they receive and the cost of production.Producer surplus is important because it indicates the level of profits that producers can earn from their production activities. When there is a producer surplus in a market, it means that producers are able to earn a profit from their production activities. The existence of producer surplus can also encourage producers to increase their output and invest in new technologies and processes, which can lead to further economic growth.For more questions on economic growth
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If you could replace all of the grass in the world with something else, what would it be and why?
Answer:
I would replace it with cannabis, everyone is happier when there is green :)
Explanation:
Answer:
I would replace it with oil because oil is a rare resource
Explanation:
It is a rainy day, and you are considering taking an Uber one mile to meet some friends. You have decided you are willing to pay $20 to avoid getting wet from the rain. The trip would normally cost you $8, but due to the weather the surcharge is triple the regular cost. You should _____ because the benefit to you of taking the Uber is _____ than the cost.
Answer:
I would say A or B I think B sounds more logical but im not sure.
Explanation: I hope its right:)
What is an example of goods
A hotel room
A good haircut
A television show
A computer game
Answer:
The correct answer would be D.) a computer game.Explanation:
Have an amazing day yall.
An example of goods is a computer game.
Why 'a computer game'?
A haircut is a process done by someone on someone's hair. A hotel room is an accomodity. A television show is a visual programme appearing on TV. So, these can't be thought of as goods.
What are goods?Goods are products, i.e., things that we make or grow and aim to sell. For example, we can exchange money for goods and services. So, a hotel rrom, a haircut, or a television show can't be referred as goods.
Thus, an example of goods is a computer game.
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So you them the answer you submit must be the d operators; they are pald $8. 10 an hour each and work 40 hours a week and 52 weeks a year. The machines break down periodically, resulting in annual repair costs of $1,320 for each and supplies cost $960 a year for each machine. Vill have a life of 5 years and a total disposal value at that time of $1, 500. The kodak system will require only 2 regular operators. Supplies wil be $3,600 per year. Kodak has offered the college a maintenance contract that covers all machine breakdowns; the cost of the contract is $1,020 per year. Total cost for all favor keeping the canon copiers, enter your net present value difference as a positive number; if.
The net present value for all favor keeping the canon copiers $6580
What is net present value?The net present value, also known as net present worth, is applied to a series of cash flows that occur at different dates. The present value of a cash flow is determined by the time elapsed between now and the cash flow. It is also affected by the discount rate. The temporal value of money is accounted for by NPV.
The term net present value (NPV) refers to the current total value of a future stream of payments. If the net present value (NPV) of a project or investment is positive, it signifies that the discounted present value of all future cash flows associated to that project or investment will be positive, and hence appealing.
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the five steps of risk management process include indentify hazards. true or false?
True. The five steps of risk management process include: 1) Identify hazards, 2) Assess the risks, 3) Control the risks, 4) Monitor and review, and 5) Communicate and consult. Identifying hazards is the first crucial step in this process.
A process refers to a series of actions, steps, or operations that are carried out to achieve a specific goal or outcome. It involves a systematic approach to accomplish a task or produce a desired result. Processes can be found in various domains, such as manufacturing, business, software development, or project management. They often include planning, organizing, executing, and controlling activities to ensure efficiency and effectiveness. Processes can be documented and standardized to provide guidelines and ensure consistency, or they can be flexible and adaptive to accommodate changing circumstances and requirements.
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How do companies regulate trade?
Answer:
Explanation: Protective tariffs, import quotas, trade embargoes, and voluntarily restrained exports are the four primary categories. The protective tariff, which is a levy on imported goods, is the most prevalent kind of trade barrier. Tariffs are used by nations to increase income and shield home sectors against international imports that are more affordable.
jones consulting provided $1,000 of consulting services on credit to a customer. this transaction would be recorded with a debit to which account? multiple choice question.
The transaction of providing $1,000 of consulting services on credit would be recorded with a debit to Accounts Receivable. Thus, Option C is correct.
This is because the company has provided a service but has not yet received payment.
When a company provides goods or services on credit to a customer, it creates an account receivable, which is a promise of payment from the customer. In this scenario, Jones Consulting provided $1,000 of consulting services on credit to a customer, so it has created an account receivable of $1,000. To record this transaction, Jones Consulting would debit Accounts Receivable to increase the account balance and credit Consulting Revenue to recognize the revenue earned from the service provided.
Once the customer pays the outstanding balance, the company would credit Accounts Receivable and debit Cash.
This question should be provided with answer choices:
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explain advertisement
Answer: Advertisement is a marketing communication. It is used to promote businesses and their products. Used to promote more effectiveness in a businesses profit and their sales. May be seen in the form of commercials or billboard announcements in everyday life.
does the the condominium association form will cover refrigerators, air conditioners and cooking ranges that are owned by the named insured?
The condominium association form typically covers common areas and shared amenities, but it does not cover personal property, such as refrigerators, air conditioners, and cooking ranges owned by the named insured. For coverage of these items, the named insured should consider obtaining a separate condominium unit owner's insurance policy.
The coverage for refrigerators, air conditioners, and cooking ranges owned by the named insured will depend on the specific terms outlined in the condominium association form. It is important to review the policy carefully and consult with an insurance agent or representative to determine the extent of coverage for these items. In some cases, additional coverage may be necessary to fully protect these valuable assets.
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It is sometimes necessary for a _________________ economy to live with a degree of uncertainty over _______________ that would be politically unacceptable in the high-income economies. developing; unemployment converging; inflation disconnected; fundamentals of growth converging; trade imbalances
Answer:
converging; inflation
It is sometimes necessary for a converging economy to live with a degree of uncertainty over inflation that would be politically unacceptable in the high-income economies.
What statement best describes good interview preparation?
1) An applicant should arrive at least an hour before the interview starts.
2) An applicant should discuss personal hobbies as much as possible in an interview.
3) An applicant should be well-dressed for an interview.
4) An applicant should make personal job demands known in an interview.
Answer:
I think it is the 3rd one.
Explanation:
Sorry if this wrong. I'm only in 5th grade
Answer: the answer is c
Explanation:
An important financial institution that assists in the initial sale of securities in the primary market is the.
An agent's client calls on Monday to discuss the current market situation. They discuss how 100 shares of KAPCO common stock would be an appropriate addition to the client's portfolio. On Thursday, the client calls and tells the agent to place an order for the KAPCO stock at whatever price the agent feels is best. The agent waits until Friday, purchasing the stock at a price $2 per share below Thursday's low. In this case the agent acted A) improperly; the order should have been placed on Thursday B) properly because the agent used discretion as to price and time C) improperly; the order cannot be placed without prior written authorization allowing discretion D) properly because the agent saved the client money
Answer:
A) improperly; the order should have been placed on Thursday
Explanation:
An agent is someone that is contracted by a client to effectively manage his business interest and also to follow client instruction on time in order to make profit for the client.
In the given scenario the agent received instructions to place an order for the KAPCO stock at whatever price the agent feels is best.
Since they had initially discussed the suitability of the KAPCO stock before now, the agent should have placed the order immediately.
However his delay till Friday resulted in a loss of $2 per share below Thursday's low.
The agent acted improperly.
The mere existence of natural resources in a country does not contribute to economic progress unless some conditions prevail.state the condition
Answer:
ᴀꜱ ᴡᴀʀᴍ ᴀꜱ ꜱᴜɴ
ᴀꜱ ꜱɪʟʟʏ ᴀꜱ ꜰᴜɴ
ᴀꜱ ᴄᴏʟᴅ ❄️ ᴀꜱ ᴀ ᴛʀᴇᴇ
ᴀꜱ ꜱᴄᴀʀʏ ᴀꜱ ꜱᴇᴀ
ᴀꜱ ʜᴏᴛ ᴀꜱ ꜰɪʀᴇ
ᴀꜱ ᴄᴏʟᴅ ᴀꜱ ɪᴄᴇ
ꜱᴡᴇᴇᴛ ᴀꜱ ꜱᴜɢᴀʀ
ᴀɴᴅ ᴇᴠᴇʀʏᴛʜɪɴɢ ɴɪᴄᴇ
ᴀꜱ ᴏʟᴅ ᴀꜱ ᴛɪᴍᴇ ⌛
ᴀꜱ ꜱᴛʀᴀɪɢʜᴛ ᴀꜱ ʟɪɴᴇ ➖
ᴀꜱ ʀᴏʏᴀʟ ᴀꜱ ᴀ ᴀɴɢᴇʟ☺️
ᴀꜱ ʙᴜᴢᴢᴇᴅ ᴀꜱ ʙᴇᴇ
ᴀꜱ ꜱᴛᴇᴀʟᴛʜ ᴀꜱ ᴛɪɢᴇʀ
ꜱᴍᴏᴏᴛʜ ᴀꜱ ɢʟɪᴅᴇʀ
ᴘᴜʀᴇ ᴀꜱ ʜᴇᴀʀᴛ ❤️
ᴘᴜʀᴇ ᴀꜱ ɪ ᴡᴀɴɴᴀ ʙᴇ
Explanation:
Xxxxxxxxxdhow do cellphone companies promote their product?
Answer:
they promote there company by advertising the product making commercial
An organized group of laws is referred to as a code?
Answer:
laws. enforceable rules of conduct in a society. code. laws grouped into an organized form. common law.
Which of these producer activities did you participate in this week? Check all that apply.
U
I served people at a restaurant, hotel, coffee shop, or other business.
I worked in a bank, library, or retail store.
I created art to be sold in an art show
I made a product
I did yard work or other chores for pay.
Answer:
2nd and 4th
Explanation:
Answer:
2 and 4
Explanation:
WILL MARK BRAINLIEST
Etiquette Inc. earns $150,000 as income from services in a particular accounting period. The company's operating expenses for this period are
$35,000. What is the company's net income?
The net income Etiquette Inc. earns is $______.
Answer:
$115,000
Explanation:
150,000-35,000
It is inefficient for governments to charge a price for the consumption of a good such as weather forecasts because the marginal cost of providing the information to more consumers is zero. not all taxpayers rely on forecasts to plan their activities. the private sector can provide better forecasts. too many inaccurate forecasts will be made. None of the above, as those who consume a good should pay for the good.
the inefficiency of governments charging a price for the consumption of a good such as weather forecasts. The statement "It is inefficient for governments to charge a price for the consumption of a good such as weather forecasts
because the marginal cost of providing the information to more consumers is zero" is the most accurate among the given options.
This is because when the marginal cost of providing information to additional consumers is zero, it means that there is no additional cost for the government to share this information with more people. Charging a price for it would limit the number of people who can access it, leading to inefficiency.
The other reasons given, such as not all taxpayers relying on forecasts, the private sector providing better forecasts, and too many inaccurate forecasts being made, are not strong reasons to support the inefficiency of charging a price for weather forecasts.
Lastly, the statement "None of the above, as those who consume a good should pay for the good" is not applicable in this case, as weather forecasts are a public good that can be freely shared without any additional cost.
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Which of the following is involved in organizing an outline?
categorizing
listing
ordering
recording
Answer:
listing
Explanation:
It's easier more smarter and faster to handle
Hope this helps❤
The answer is:
Listingany improvement you make to real estate will increase its value. select one: a. true b. false
b. false
Not all improvements made to real estate will necessarily increase its value. While certain improvements can indeed enhance the value of a property, such as renovations, additions, or upgrades that improve functionality, aesthetics, or energy efficiency, there are also cases where improvements may not have a significant impact on the property's value.
The value of real estate is influenced by various factors, including location, market conditions, supply and demand, economic factors, and the preferences of potential buyers. Additionally, the quality and suitability of the improvements, as well as the overall condition of the property, can also affect its value.
It is important to consider factors such as market trends, buyer preferences, and the potential return on investment before making improvements to real estate with the intention of increasing its value.
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To build a competitive advantage in their local real estate market, owners of a real estate brokerage firm have stayed ahead in the area of ________ by adding virtual home tours, instant chats with realtors, and on-the-spot offers.
To build a competitive advantage in their local real estate market, owners of a real estate brokerage firm have stayed ahead in the area of innovation by adding virtual home tours, instant chats with realtors, and on-the-spot offers. With innovation, the company will not be stuck with the satisfaction it has, the company will always feel lacking and will continue to innovate so that it can run.
Competitive advantage is a measure of how the product becomes superior and competitive in the market, of course resulting from the planning, strategy, and promotion of a product that is prepared. The competitive advantage certainly has important functions that exist, namely for companies, consumers, and for investors. These three things do have an influence and directly feel the impact of competitive advantage.
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2.which of the following statements best describes a keynesian approach to economics? a)aggregate demand is the most important driving force in the economy, but free-markets have no self-balancing mechanisms that lead to full-employment; therefore, government intervention is often necessary to stabilize an economy. b)politics determines economics, the nature of economics is conflictual, and the main actors are nation-states; therefore, the main goal of economic activity is the maximization of national interest. c)individual freedom to pursue interests/wealth in an open market free of government interference with the role of government to primarily protect property rights. d)resources flow from a periphery of poor and underdeveloped countries (global south) to a core of wealthy states (global north) enriching the latter at the expense of the former. poor countries are systemically locked into this unfavorable situation.
Option a is correct. The main economic driver is aggregate demand, but since free markets lack self-balancing mechanisms that lead to full employment, stabilising an economy frequently requires government intervention.
A macroeconomic theory known as Keynesian economics examines the total amount of spending in the economy and how it affects production, employment, and inflation. In an effort to comprehend the Great Depression, British economist John Maynard Keynes created it in the 1930s.
The fundamental tenet of Keynesian economics is that economic stabilisation may be achieved by government intervention. Keynes' theory was the first to clearly distinguish between the study of individual motivations and economic behaviour from those of broad aggregate variables and conceptions.
Keynes' theory led him to propose higher government spending and lower taxes as a way to boost demand and rescue the world economy from the Great Depression. Later, the term "Keynesian economics" was used to describe the idea that economic performance could be optimised and economic downturns might be avoided.
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After each department chair has turned in their proposed budget, the CFO reviews the budgets and determines if there are any changes that need to be made.
Answer: Decisional
Explanation:
Managers as leaders in the company are expected to make decisions that will keep the company going and able to meet its objectives.
According to renowned management researcher Mintzberg, there are 4 decision roles that a manager must take which are;
entrepreneurdisturbance handlerresource allocator and,negotiatorThe CFO having to review the budget to determine if changes would be made would fall under the resource allocator decision making role of a manager.
A fundamental difference between a business impact analysis (BIA) and risk management is that risk management focuses on identifying threats, vulnerabilities, and attacks to determine which controls can protect information, while the BIA assumes __________.
The fundamental difference between a business impact analysis (BIA) and risk management is that risk management focuses on identifying threats, vulnerabilities, and attacks to determine which controls can protect the information, while the BIA assumes security controls have been bypassed, have failed, or have proven ineffective, and the attack has succeeded.
What is business impact analysis (BIA)?A business impact analysis (BIA) refers to a scientific process to decide and compare the potential effects of an interruption to essential commercial enterprise operations as a result of a disaster, accident, or emergency.
A BIA is a crucial thing of an organization's commercial enterprise continuity plan (BCP).
Therefore, BIA assumes security controls have been bypassed, have failed, or have proven ineffective, and the attack has succeeded.
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Which of the following choices incur speculative risk?
Ο stocks
Ο fire insurance on a house
Ο options
Ο life insurance
Ο high-interest savings account
Answer: stock are speculative
Explanation:
The option given that can incur speculative risk is option a. stocks.
What is speculative risk?The likelihood that an investment won't increase in value is known as speculative risk. Speculative risks are deliberate decisions, not merely the outcome of uncontrollable events.
Stocks are therefore one of the best known investments that have speculative risk because one cannot be sure of their increment in value, or their decrease in same.
Things like options and life insurance do not have speculative risk as they are based on choices and regular payments.
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when a profit-maximizing firm in a monopolistically competitive market charges a price higher than marginal cost, a. there is a deadweight loss to society, but it is exactly offset by the benefit of excess capacity. b. the firm may be incurring economic losses c. new firms will enter the market in the long run. d. the firm must be earning a positive economic profit.
When a profit-maximizing firm in a monopolistically competitive market charges a price higher than marginal cost, it is likely that the firm may be incurring economic losses.
This is because in such a market structure, firms have some control over the price they charge, but not complete control. The excess capacity that the firm may have due to this pricing strategy does not necessarily offset the deadweight loss to society. In the long run, new firms may enter the market and compete with the existing firms, driving down prices and reducing excess capacity. This competition may also reduce the economic profit that the firm is earning. Therefore, it is not necessarily true that the firm must be earning a positive economic profit when charging a price higher than marginal cost. Overall, the pricing strategy of a firm in a monopolistically competitive market has various implications and outcomes that depend on the market structure and competition.
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