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A young couple buys their dream house. After paying their down payment and closing costs, the couple has borrowed $400,000 from the bank. The terms of the mortgage are 30 years of monthly payments at an APR of 6% with monthly compounding. Suppose the couple wants to pay off their mortgage early, and will make extra payments to accomplish this goal. Specifically, the couple will pay an EXTRA $2,000 every 12 months (this extra amount is in ADDITION to the regular scheduled mortgage payment). The first extra $2,000 will be paid after month 12. What will be the balance of the loan after the first year of the mortgage?
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Digby's product manager is considering lowering the price of the Deft product by $2.50 and wants to know what the impact will be on the product's contribution margin. Assuming no inventory carry costs, what will Deft's contribution margin be i..
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Perform a SWOT analysis as well as complete a strategic group map for Costco. What do these express you about the company's strategy and performance?
namely the use of leading economic indicators to forecast the future direction of the macroeconomy. Illustrate what websites are helping you gain a better understanding of where the economy is heading in the next 12 months?
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