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Jashanpreet has recently moved to Canada and now intends t acquire his own home. His budget is 900,000 and he wants to lock in a 30-year mortgage because it will also lower its monthly payments. Current interest rates are 3.1%. Although, he can make down payments up to 30%, however, he also wants to know that what will be his monthly mortgage payment if puts 20% of the house price as a down payment. What is the Mortgage Payment?
irr. the michener company purchased a special machine 1 year ago at a cost of 12000. at that time the machine was
1. In 2005 selected automobiles had an average cost of $16,000. The average cost of those same automobiles is now $20,000. What was the rate of increase for these automobiles between the two time periods?
The selling peice of the swing set is $1,000. How many swing sets would have to be sold for the firm to break even?
Does Carsten really need a will? Explain why or why not. What would happen to his estate if he were to die without a will
paul bearer may elect to take a lump-sum payment of 25000 from his insurance policy or an annuity of 3200 annually as
Halfway through the loan's life, what is the loan's remaining balance? What percentage of the total payments made during the first five years will be made.
describe the elements of a prima facie case of hostile work environment discrimination under the americans with
What is the amount of the annual interest tax shield if the tax rate is 35 percent?
Todd is able to pay $290 a month for 6 years for a car. If the interest rate is 6.0 percent, how much can Todd afford to borrow to buy a car?
The New Economy Transport Company (NETCO) was formed in 1955 to carry cargo and passengers between ports in the Pacific Northwest and Alaska. By 2008 its fleet had grown to four vessels, including a small dry-cargo vessel, the Vital Spark.
You are evaluating two different silicon wafer milling machines. The Techron I costs $255,000, has a three-year life, and has pretax operating costs of $68,000.
John invests $100 at the end of each quarter for ten years in an account earning an annual effective interest rate of 8%. Find John's accumulated value at the time of his last deposits using two different methods.
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