You have decided to refinance your mortgage. You plan to borrow whatever is outstanding on your current mortgage. The current monthly payment is $ 2 comma 356 and you have made every payment on time. The original term of the mortgage was 30​ years, and the mortgage is exactly four years and eight months old. You have just made your monthly payment. The mortgage interest rate is 7.500 % ​(APR). How much do you owe on the mortgage​ today? ​(Note: Be careful not to round any intermediate steps less than six decimal​ places.)

Answers

Answer 1

Answer:

$320,244.92

Explanation:

We must first determine the principal of the loan and we can do that by using the present value of an annuity formula:

PV = monthly payment x annuity factor

monthly payment = $2,356PV annuity factor, 360 periods, 0.625% = 143.01763

PV = $2,356 x 143.01763 = $336,950

Once we have calculated the principal, we can prepare an amortization schedule. I used an excel spreadsheet to do it. Four years and 8 months is the same as 56 monthly payments. The principal's balance after the 56th payment is $320,244.92


Related Questions

Converse, Hollister and more have been accused of using child labor so they can
increase profit. It's more expensive to produce items in North America or other
developed countries than elsewhere because they have higher minimum wages. For
example, instead of paying $10 to someone making clothes in Canada per hour,
companies can pay workers 10 cents (Canadian money) each week in India. It's easy
to replace workers if they like, it's also dependable because workers in India are
forced to work and they'd be abused if they refuse or disobey their orders. What is
this?
A. Trade Deficit
B. Sweatshop
C. Countertrade
D. Strategic Alliance

Answers

Answer:

B. Sweatshop

Explanation:

let me know if I'm wrong

what items are taxed in pennsylvania

Answers

Answer:

Tangible products are taxable in Pennsylvania , with a few exceptions. These exceptions include food (not ready-to-eat); candy and gum; most clothing; textbooks; computer services; pharmaceutical drugs; sales for resale; and residential heating fuels such as oil, electricity, gas, coal and firewood.

Explanation:

Answer:

Aye Wassup?

Explanation:

Tangible products are taxable in Pennsylvania, with a few exceptions. These exceptions include food (not ready-to-eat); candy and gum; most clothing; textbooks; computer services; pharmaceutical drugs; sales for resale; and residential heating fuels such as oil, electricity, gas, coal and firewood.

Groceries are generally defined as "unprepared food", while pre-prepared food may be subject to the restaurant food tax rate.

Hope This Helped Bro: "AdamDaAssasin"

When sending a contract to a client which mailing service would she use

Answers

Answer:

she should use the closest on

Explanation:

a scenario involving functions of a business​

Answers

Scenario Analysis

Scenario AnalysisExploring Different Futures

Imagine that you're facing a really important decision. It's one that could fundamentally affect your personal life, or determine the future of your business.

You've crunched the numbers and looked at the data, and everything seems fine. But deep down, you dread what might go wrong.

No one has a foolproof vision of the future, and even if your instincts are good, the outcomes that you predict could be disrupted by a range of different factors. On the other hand, things may turn out far better than you expected!

In this article, we explore how Scenario Analysis can bring these hopes and fears into the open, give you a rational framework for exploring them, and enable you to make the best possible choices.

Types of Scenarios

Challenging your assumptions about the future, and basing your plans and decisions on the most likely outcomes, means that your decisions will more likely be sound, even if circumstances change.

But what are the most likely outcomes? Author and corporate strategist Peter Schwartz, one of the pioneers of scenario thinking, identified the following common scenarios:

Evolution: all trends continue as expected. Things gently move toward a predictable end point.

Revolution: a new, disruptive, factor fundamentally changes the situation.

Cycles: what goes around comes around. Boom follows bust follows boom follows bust.

Infinite Expansion: exciting trends continue. Think of the computer industry in the 1950s.

Lone Ranger: the triumph of the lone hero against the forces of inertia.

My Generation: changes in culture and demographics affect the situation.

1. Which of the following courses would be most helpful for a person wanting a career in
hospitality? Select the two correct answers.
marketing
visual arts
food service management
engineering is
computer science

Answers

Answer:

1.food service management

2.marketing

Explanation:

An instrument used to enlarge or reduce a map is known as​

Answers

Answer:

pantograph

Explanation:

you can use a pantograph to do this.

In your own words, explain what a bond is and how you would make money from it.

Answers

There are two ways to make money by investing in bonds. The first is to hold those bonds until their maturity date and collect interest payments on them. Bond interest is usually paid twice a year. The second way to profit from bonds is to sell them at a price that's higher than what you pay initially.
A bond is a contract between 2 companies. They borrow large amount of money and have to pay the person back.

Instead of using cash to buy lunch, you use a______________, which takes money directly from your checking account, to pay for your personal pizza.

Answers

Instead of using cash to buy lunch, you use a debit card, which takes money directly from your checking account, to pay for your personal pizza. Debit cards are a popular alternative to carrying cash or using credit cards for purchases. They allow consumers to make payments directly from their bank account, without having to carry large amounts of cash or worry about accumulating credit card debt.

Debit cards are typically accepted at most merchants that accept credit cards, including restaurants, grocery stores, and online retailers. They are also often equipped with security features, such as PIN numbers or chip technology, to help protect against fraud or unauthorized use. Overall, using a debit card for everyday purchases can be a convenient and secure way to manage your finances.

Therefore, instead of using cash to buy lunch, you use a debit card, which takes money directly from your checking account, to pay for your personal pizza.

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What is the safest way to make sure you are using a copyrighted image fairly? A. Do a Google image search. B. Save the image to your own computer. C. Rename the image. D. Ask the copyright owner for permission.

Answers

Answer:

Ask the CopyRight Owner for Perrmission

Explanation:

Asking the copyright owner for permission is the safest way to make sure you are using a copyrighted image fairly.

Answer:

Ask the CopyRight Owner for Perrmission

Explanation:

The ratio of the price of two goods on a graphed budget line is measured by its:.

Answers

There are lines in budget. The ratio of the price of two goods on a graphed budget line is measured by the slope of the budget.

What is a budget line

This is regarded as a two-dimensional graph that shows the various choices one have between two goods given the money one have to spend. It is also known as budget constraint.

The ratio of the price of good X that is found on the horizontal axis to the price of good Y on the vertical axis is known as the slope of the budget.

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tomsm's Investment account at his bank has compounding Interest. He Isn't sure if this is a positive thing for his investment. What is the BEST advice you can offer Tom? OA. Ask your bank to compound the interest less frequently. OB. Withdraw your investment immediately because compounding Interest is a scam. OC. Invest in a bank that doesn't offer compounding Interest so there is less risk. OD. Keep your account open and you will earn more on Interest you've already earned. Reset Next reserved.​

Answers

Answer: Keep your account open and you will earn more on Interest you've already earned

Explanation:

Since Tom's investment account at his bank has a compounding interest, the best advice that'll be offered to Tom is to keep the account open and he will earn more on Interest than what he has already earned.

It should be noted that compound interest makes ones money grow faster. The reason for this is due to the fact that the interest is calculated based on the accumulated interest that the individual has earned over time and the original principal.

Therefore, it isn't advisable for Tom to withdraw his money or ask the bank to compound the interest less frequently but rather, he should keep the account open as he'll earn more interest.

In what way is the work of the adirondack land trust different from the other organizations described in the activity?.

Answers

The way in which the work of the Adirondack land trust, is different from the other organizations described in the activity is because its operates on a living model of how people embrace and respect the natural world.

What is the Mission of Adirondack land trust?

First, a land trust refers to a legal entity that takes ownership of or authority over a piece of property at the request of the property owner. These land trusts are living trusts that allow for the management of property while the owner is alive.

The mission of the Adirondack Land Trust, an organization involved in land trust as explained above, is to continually conserve the forests, farmlands, waters and wild places that advance the quality of life of our communities and the ecological integrity of the Adirondacks.

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An important part of developing research objectives is speculating on what type of information should be measured.FALSE OR TRUE

Answers

The statement an important part of developing research objectives is speculating on what type of information should be measured is false. Research goals are crucial because they: Define the breadth and depth of your project; It assists you in avoiding pointless research.

It also implies that it will be simple to assess your research strategy and findings. Most studies fall into one of three categories: exploratory, descriptive, or causal. Each has a distinct project function and can only be applied in certain ways. In the world of online surveys, mastering all three can result in more accurate insights and high-quality data.

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1. below is an example of a diwalidiyas. Extract the different parts of the diyas by making a sketch emphasizing the use of lines, shape forms and color. 2. you may put some accent to make your work more creative .​

Answers

Answer:

need more info (incomplete)

Explanation:

Which one of the following best describes the role of a financial intermediary? O Financial intermediaries collect large surpluses from a few suppliers of capital and lend those funds in small amounts to numerous demanders of capital.O Financial intermediaries match suppliers of capital with demanders of capital so they can directly exchange funds.O Suppliers of capital are hesitant to individually accept the credit risk associated with lending to demanders of capital.O Demanders of capital normally need funds for a short period of time.

Answers

O Suppliers of capital are hesitant to individually accept the credit risk associated with lending to demanders of capital.

closeout activities are typically among the highest priority activities in a project. group of answer choices true false

Answers

True. Closeout activities involve finalizing and wrapping up all aspects of a project, including documentation, financials, and stakeholder communication. These activities are crucial to ensure the project is complete and successful.

Closeout activities are typically among the highest priority activities in a project. Closeout activities involve finalizing and wrapping up all aspects of the project to ensure its successful completion. This includes activities such as completing project documentation, conducting final financial assessments, conducting project evaluations, and communicating project outcomes to stakeholders.

By prioritizing closeout activities, project teams can ensure that all loose ends are tied up, lessons learned are captured, and deliverables are properly handed over. This allows for a smooth transition out of the project and provides valuable information for future projects. Neglecting closeout activities can lead to incomplete records, missed opportunities for improvement, and potential risks in future projects.

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Match each business model with the advantage it brings.​

Match each business model with the advantage it brings.

Answers

Answer:

1. Subscription.

2. Bait and Hook.

3. Cutting out the Middleman.

Explanation:

Some of the commonly used business models across the world include the following;

1. Subscription: steady revenue and predictable profits. It is a business model which typically involves customers paying a recurring fee or price (revenue) for the use of a particular product or service. These customers are usually charged either on a monthly or annual basis. An example is the subscription for paid cable tv by various customers.

2. Bait and Hook: attractive prices for basic product. It is also referred to as the razor and blade business model. Bait and Hook typically involves selling a product at a very low price so as to gain the attention of the buyer and selling a complementary product (refill) to the same buyer at a very high price. An example is a mobile phone (bait) and airtime plus data (hook).

3. Cutting out the Middleman: reduction in transaction costs and processing time. It typically involves the elimination of an intermediary (middleman) in the supply of goods and services to the end users or customers.

An example is the business to consumer (B2C) company such as Walmart, Uber, etc.


Which of the following is not an example of professional behavior
?

Answers

What are the answers?

Which of the following is a characteristic of a plant asset, such as a building? It will have a negligible value at the end of its useful life. It has a short useful life. It is used in the operations of a business. It is available for sale to customers in the ordinary course of business.

Answers

The characteristic of a plant asset, such as a building, is that it is used in the operations of a business. Plant assets are tangible assets that are expected to provide economic benefits to a business over a long period of time. These assets include buildings, machinery, equipment, and vehicles.

Unlike inventory or other current assets that are available for sale to customers in the ordinary course of business, plant assets are not intended for sale. Instead, they are used to support a business's operations and contribute to its production processes.

Additionally, plant assets have a long useful life, which means that they are not expected to be sold or disposed of in the near future. This is why they are considered long-term assets and are recorded on a company's balance sheet.

While plant assets do have a residual or salvage value at the end of their useful life, this value is generally negligible in comparison to the initial cost of the asset. Therefore, the characteristic of a plant asset having a negligible value at the end of its useful life is not a defining characteristic of this type of asset.

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In what position would you find pennies in a cash drawer?
a. Top right section
C. Bottom right section
b. Top left section
d. Bottom left section
WWW

Answers

C bottom right section

Joey's Lawncutting Service rents office space from Joey's dad for $300 per month. Joey's dad is thinking of increasing the rent to $400 per month. As a result, Joey's marginal cost of cutting grass will _____.

Answers

Joey's marginal cost of cutting grass will remain the same, as it is not directly affected by the rent increase. Marginal cost refers to the cost of producing one additional unit of output, and in this case, it would be the cost of cutting one more lawn. The rent, on the other hand, is a fixed cost that does not change with the level of production.

However, the increase in rent may affect Joey's total cost of doing business, which includes both fixed and variable costs. If the increase in rent leads to a decrease in Joey's profitability, he may need to consider adjusting his pricing strategy or finding ways to increase efficiency in order to maintain his profit margins.

It is important for Joey to carefully analyze his costs and revenue to make informed decisions about pricing and operations. By understanding his marginal cost, he can determine the most efficient level of production and adjust his pricing accordingly. Additionally, by considering all of his costs, including fixed costs like rent, Joey can make strategic decisions to ensure the long-term viability of his business.

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Vertical Integration is when a company _____________.

Answers

Answer:

Vertical integration is when a company owns or controls its suppliers, distributors or retail locations to control its value or supply chain

Disadvantages of choosing a job that is extremely popular or in demand

Answers

The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.

What is a high demand job?

This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.

The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.

The number of qualified persons may become more than the job that is available for the people to do in the long run.

Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.

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mavis receives an e-mail announcing that her employer will be selecting employees from each department for upskillling and providing an application for those who are interested. what does this mean?

Answers

Mavis received an email informing her that her employer plans to select employees from each department for upskilling. An application was provided for interested individuals.

Mavis received an email notification from her employer, which stated that the company intends to choose employees from every department to undergo upskilling. Upskilling refers to the process of acquiring new knowledge, skills, or training in order to enhance one's professional capabilities. This initiative aims to help employees develop and expand their skill sets to meet the evolving needs of the organization.

The email also included an application form for those interested in participating in the upskilling program. By submitting the application, Mavis can express her interest in gaining additional training and acquiring new skills that align with her department's requirements or future job opportunities within the company.

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In the context of forecasting errors, _____ eliminates the measurement scale factor.

Answers

In the context of forecasting errors, b. mean absolute percentage error eliminates the measurement scale factor.

In the field of business, mean absolute percentage error can be described as a statistical method to analyze the percentage accuracy of a forecast in business.

The mean absolute percentage error helps in minimizing the measurement scale factor as by knowing the mean absolute percentage error, a businessman can understand the changes he needs to implement to the scale factor. The different measures can be predicted and eliminated through the mean absolute percentage error.

Although a part of your question is missing, you might be referring to this question:

In the context of forecasting errors, _____ eliminates the measurement scale factor.

a. mean absolute deviation

b. mean absolute percentage error

c. normalized mean signed deviation

d. normalized root mean square error

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Lento Incorporated owned machinery with a $30,000 initial cost basis. Accumulated
book depreciation with respect to the machinery was $12,000, and accumulated tax
depreciation was $19,100. Lento sold the machinery for $13,000 cash. Lento’s marginal
tax rate is 21 percent.
Required:
. Compute Lento’s book gain or loss on the sale

Answers

Lento Incorporated has a book loss of $3,700 on the sale of their machinery.

To compute Lento Incorporated's book gain or loss on the sale of their machinery, we first need to know the selling price of the machinery. Let's assume that the selling price is $20,000. To calculate the book gain or loss, we need to subtract the machinery's adjusted basis from the selling price. The adjusted basis is the initial cost basis minus any accumulated depreciation.

Since we don't have any information on the accumulated depreciation, we can't calculate the adjusted basis. However, we do have information on the accumulated tax rate, which is 21 percent. Assuming that the accumulated tax rate refers to the depreciation rate, we can estimate the accumulated depreciation by multiplying the initial cost basis by the accumulated tax rate. This gives us an accumulated depreciation of $6,300 (30,000 x 0.21).

Now we can calculate the adjusted basis by subtracting the accumulated depreciation from the initial cost basis. This gives us an adjusted basis of $23,700 (30,000 - 6,300).
Finally, we can calculate the book gain or loss by subtracting the adjusted basis from the selling price. This gives us a book loss of $3,700 ($20,000 - $23,700).
In summary, Lento Incorporated has a book loss of $3,700 on the sale of their machinery.

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Question 2(Multiple Choice Worth 5 points)
(02.06 MC)
In general, what kind of people earn the most money?
O People with skills that are in high demand and high in supply
O People with skills that are in high demand but low in supply
O People with skills that are in low demand and low in supply
People with skills that are in low demand but high in supply

Answers

Ans: people with skills that are high in demand but low in supply

They earn the most money since skills also follow the law of supply and demand, so consumers are willing to pay more due to low supply

Which skills are most likely to start at birth and develop as a person matures?


hard skills

work skills

people skills

soft skills

Answers

Which skills are most probable to start at delivery and broaden as a person matures? people's Skills are due to the fact you're born knowing how to interact with human beings and your skills most effectively get better as you grow up.

Skills are the learned potential to perform a motion with determined effects with accurate execution often inside a given quantity of time, power, or each. abilities can often be divided into domain-well-known and area-specific abilities.

Skills importance: They can be gentle capabilities, inclusive of problem-fixing abilities, powerful communique, or time control, or hard competencies, like pace typing, and the use of Powerpoint or Excel. sense unfastened to encompass any widely wide-spread abilities even if they may be no longer particularly required or cited within the activity description.

A critical skill is an important developed potential or capacity obtained via planned, systematic, and sustained efforts to easily and adaptively carry out complicated activities or activity functions regarding ideas, matters, and/or human beings. non-public talents are acknowledged as soft capabilities which are not clean to educate (despite the fact that no longer impossible). they're additionally referred to as interpersonal or even 'human beings' capabilities. Examples encompass dependability, adaptability, motivation, trouble-fixing, and analytical competencies.

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People skills are most likely to start at birth and develop as a person matures.

Childhood social and personality improvement emerges via the interplay of social impacts, biological maturation, and the kid’s representations of the social world and the self. This interaction is illustrated in a discussion of the impact of great relationships, the improvement of social know-how, the increase of personality, and the improvement of social and emotional competence in youth.

This interaction may be discovered within the development of the earliest relationships among babies and their mother and father in the first yr. sincerely all toddlers residing in everyday circumstances increase strong emotional attachments to individuals who take care of them. Psychologists agree with that the improvement of those attachments is as biologically natural as studying to walk and not in reality a byproduct of the mother and father’ provision of food or warmth. alternatively, attachments have developed in human beings because they sell youngsters’s motivation to live close to folks who care for them.

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the developing person through the lifespan, by kathleen stassen berger (2020) 11th edition, new york: worth publishers

Answers

The book "The Developing Person through the Lifespan" by Kathleen Stassen Berger is an 11th edition published in 2020 by Worth Publishers in New York. This textbook explores the concept of development throughout a person's lifespan.

The book covers various aspects of development, including physical, cognitive, and socioemotional development. It discusses how individuals grow and change from conception to death, taking into account both biological and environmental factors.

By providing an in-depth analysis of different developmental theories and research, the book helps readers understand the complexities of human development. It also explores how development is influenced by cultural, social, and historical contexts.

Throughout the 11th edition, Berger presents updated and relevant information, incorporating recent studies and findings in the field of developmental psychology. The book uses a comprehensive and accessible writing style, making it suitable for both students and professionals interested in understanding the developing person.

Overall, "The Developing Person through the Lifespan" by Kathleen Stassen Berger is a valuable resource for anyone seeking a deeper understanding of the process of human development from birth to old age.

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the primary reason that health care managers should be concerned about health care financing and health insurance is:

Answers

The primary reason that health care managers should be concerned about health care financing and health insurance is It's the right thing to do Employees are worried approximately they will increase of their percentage of charges and different price sharing, It's vital to the organizations' backside line and to organizational success.

Today, about ninety percentage of U.S. citizens have medical health insurance with great profits in fitness insurance occurring during the last 5 years. Health coverage enables get right of entry to care and is related to decrease demise rates, higher fitness outcomes, and progressed productivity.

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What is required to start an object moving? Hansberry spends a surprising amount of time having her characters discuss the roaches a sometimes hidden, indestructible force around them. Why might that be? Discuss at least one literal and one symbolic/metaphorical reason why she might do this. What are Jims thoughts about nature? When undertaking analytics, why is it important to sometimes fail?Select one:a. analytic outcomes can be fuzzy, so without failure how would you know when you are successfulb. failure informs the approach being used by determining why something happenedc. failure allows for comparison of outcomesd. all of the abovee. none of the above SP - Rs 325 profit percent - 25% find Cp You should try to photograph people on bright sunny days because the light will be best. True False which is the main reason that germany initially attacked france when world war i began? In which physiological process does a flower play a role in plants?A. transportB. photosynthesisC. absorptionD. reproduction Countries on which continent or region tend to rank highest on any diversity index because of their multiple ethnic groups and languages?. Which of the following best describes the difference between software and hardware?Software is the material produced by the computer like a business letter; hardware is the information in the computer.Hardware is the equipment; software is the programs.Software is the part of the computer that you can touch; hardware is the instructions given to the computer.Hardware is the outside of the computer; software is the material on the inside of a computer. Discuss how you conceptualized ethnomusicological fieldwork and the construction of an ethnography. What research methodologies did you utilize when constructing your ethnography? What key issues were discussed? Which technology did you utilize? How did you navigate the difficulties inherent in conducting field research? Discuss 2 ethnomusicological issues that apply to your final project. Respond in terms of Irish music and culture. the nurse walks into the room of a client who has a "do not resuscitate" prescription and finds the client without a pulse, respirations, or blood pressure. what should the nurse do first? to be included in the labor force of an economy, someone needs to be or actively searching for a(n) . We measure an object's internal kinetic energy by ______, whereas the thermal energy transferred from one object to another is ______. Multiple choice question. I need some help what is the answer to the question HELP!!!!!!what is the simple subject and predicate in the sentence, " One of the most popular vacation destinations is Florida." two spherical magnetic marbles of equal mass approach each other with equal speeds from opposite directions, with their edges along the same line. when they are side by side, they connect and move as a system. consider the effects of friction and spin to be negligible. which statement correctly describes any changes in the angular momentum of an individual marble or of the two-marble system? what is the difference between compression and tension forces Who were Leonin and Perotin? (Check all that apply)- They were choirmasters at Westminster Abbey- They were Notre Dame composers- They were among the first to use music notation indicating precise rhythm with clearly defined time values- They were among the first troubadours known by name if the speed of an object is doubled but the mass stays the same, the momentum of the object will change by a factor of? g