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Charlie bought his house 20 years ago, he is borrowed $285,000 with a 30-year mortgage with a 6.0% APR. His mortgage broker has offered him a 10-year mortgage with a 3% APR with 3 points closing costs.
a. What is Charlie's old monthly payment?
b. What is the balance on Charlie's mortgage after 20 years?
c. What is Charlie's new monthly payment?
d. How many months does Charlie need to live in the house to justify the cost of refinancing?
You must use business technology efficiently and effectively to manage and monitor scheduling and completion of tasks.
Are there any potential costs to the Chinese economy that may arise as a result of widespread trademark violation?
Create Method To find the maximum value, use the following array and search through it to find the max value like we did in a previous assignment.
question 1 read the following and answer questions below-ruritania telecom is a key telecommunications company involved
Change management is usually seen as an add on rather than an integral part of the process of managing the transition. Why?
Identify the organisational structure and culture within Mercury Print & Packaging Limited. Compare this with the structure and culture within a large organisation.
Thus, it is almost impossible for an insurance company to set the level of premiums for a cyber insurance policy. Do you agree?
Find the equilibrium Q and P for each firm assuming that the firms collude and share the profit equally.
A crucial factor in selling overseas is establishing trust. Begin by defining trust and how it might play out generally in sales.
In the passenger airline industry, forecasting customer demand and ensuring there is enough capacity in terms of flight crews can be a competitive advantage.
Name an entrepreneur in Kenya who was denied the permision to form a bank and later granted the permit and which bank is it?
Determine two areas in which emotional intelligence applies to leadership. Suggest two actions that a manager could exhibit in order to convince employees.
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