User Account

All Pages

How much does he owe on the mortgage

Assignment Help Business Management
Reference no: EM133147629

Derek borrows $301,800.00 to buy a house. He has a 30-year mortgage with a rate of 4.88%. After making 135.00 payments, how much does he owe on the mortgage?

Derek borrows $33,064.00 to buy a car. He will make monthly payments for 6 years. The car loan has an interest rate of 5.77%. What will the payments be?

Derek borrows $38,005.00 to buy a car. He will make monthly payments for 6 years. The car loan has an interest rate of 5.85%. After a 11.00 months Derek decides to pay off his car loan. How much must he give the bank?

Derek decides to buy a new car. The dealership offers him a choice of paying $554.00 per month for 5 years (with the first payment due next month) or paying some amount today. He can borrow money from his bank to buy the car. The bank requires a 5.00% interest rate. What is the most that he would be willing to pay today rather than making the payments?

Derek plans to buy a $26,872.00 car. The dealership offers zero percent financing for 55.00 months with the first payment due at signing (today). Derek would be willing to pay for the car in full today if the dealership offers him $____ cash back. He can borrow money from his bank at an interest rate of 4.04%.

Suppose you deposit $1,002.00 into an account 6.00 years from today that earns 10.00%. It will be worth $1,981.00 _____ years from today.

 

Reference no: EM133147629

Questions Cloud

Explain the decision-making scenario : Imagine that you are an investigator for a private consulting firm which specializes in advising companies on their business practices after they are caught eng
Describe three methods you could use to deal with issues : Describe three methods you could use to deal with issues, problems or conflict within the workplace. Explain how you believe each method can work to benefit wor
Collect and analyze the data mining system : Identifying anomalies and privacy issues allows you to collect and analyze the data mining system - Discuss how this may conflict with the right to privacy
Measure the effectiveness of the implemented strategies : When a company implements strategies, it is important to know if the strategies that have been implemented have been effective. Explain the goals approach of me
How much does he owe on the mortgage : Derek borrows $301,800.00 to buy a house. He has a 30-year mortgage with a rate of 4.88%. After making 135.00 payments, how much does he owe on the mortgage?
Importance of spending on training and development : a. Give reasons why companies recruit both internally and externally for new hires. b. Understand various methods for selecting new employees and H R-related l
Describe the fundamental aspects of a reward system : 1. Explain alternatives for who appraises an employee's performance.
Five elements of a performance management process : Thoroughly evaluate and develop the following five elements of a performance management process:
Horizontal and vertical analysis is great tool : Horizontal and vertical analysis is a great tool. Do you think it's more beneficial if amounts are expressed in dollar amounts or percentages?

Reviews

Write a Review

Business Management Questions & Answers

  Explain how your organization fared according to assessment

Explain how your organization fared according to the assessment. Summarize in your own words the salient points referring to existing creative practices that were assessed.

  Why is the use of teams in organizations becoming

Why is the use of teams in organizations becoming more popular and more prevalent in the business world?

  Dual operating system for accelerating change

Change is an activity and mindset that many resists. Kotter proposed a "dual operating system" for accelerating change.

  Brand and what they did collaborate together

Write three to four hundred words only about giving an example on Co Brand and what they did collaborate together.

  Create a brief research agenda

Vast number of diverse groups represented in the workforce, create a brief research agenda that addresses how talent management strategy can proactively attract a diverse workforce.

  About the expectancy theory

Briefly share why as a manager, you should care about the Expectancy Theory?

  Explain general process for calculating optimal structure

Explain the general process for calculating the optimal capital structure. Based on the DCF central valuation equation and the life-cycle issues companies face, do you believe the optimal capital structure

  Case-cgb manufacturing

CGB Manufacturing produces several products four of which are scheduled for next week. The products are identified by their model number, p6, p225, p238, and p2

  Equal pay for women in today workplaces

President Obama has been very proactive in equal pay for women in today's workplaces. Each fall, companies file an EEO-1 document. Beginning soon, that document will need to include additional information related to pay based on genders.

  Calculate the payback period for the project

While the cost of the new equipment at $1.5 billion is significant, she argues that the new equipment will not only be more energy efficient using 25% less powe

  Foundations of global ethics

The Politics of Fear: Is it ethical?"Anti-globalization rhetoric in Greece is predominantly articulated in terms of conspiracy theory, mistrust of other culture

  Business with the culturally diverse staff

How do you think company managers from a country that has a relatively homogeneous culture might react when they do business with the culturally diverse

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd