PA [-(1+3) a small cabin is $30,000. The bank requires a 5% down payment. The buyer is offered two mortgage options: 20- year fixed at 8% or 30-year fixed at 8%. Calculate the amount of interest paid for each option. How much does the buyer save in interest with the 20-year option? Use PMT= to determine the regular payment amount, rounded to the nearest dollar. The price of -nt (Round to the nearest dollar as needed.) Find the monthly payment for the 30-year option. $209 (Round to the nearest dollar as needed.) Calculate the total cost of interest for both mortgage options. How much does the buyer save in interest with the 20-year option?

Q: 3. Describe four decisions for which ABC information is useful.

A: ABC is referred to as "Activity Based Costing".

Q: Do question 6

A: Balance sheet is a type of financial statements that show the financial balances of any company at…

Q: Question 25

A: A theory that helps to compute the present or future value of the cash flows is term as the TVM…

Q: Question 4 a/ Which three term structure facts should a good theory explain?

A: A good theory of the term structure of interest rates should explain the following three facts:

Q: mni.4 answer must be in proper format or i will give down vote

A: Approach to solving the question: post the question  Detailed explanation: Post the question and the…

Q: What is the meaning of V MFG Ohs, V S&A Ohs, F MFG Ohs snd F S&A Ohs on the chat answer

A: V MFG Ohs, V S&A Ohs, F MFG Ohs and F S&A Ohs, these are the short form some of the titles…

Q: What is the after announcment?  This is from question a.

A: Debt Value = $2,700,000Current Debt-to-equity ratio = 30%Increased Debt-to-equity ratio = 50%EBIT =…

Q: im.2 answer must be in proper format or i will give down vote

A: When it comes to writing essays or papers, this are the things you have to consider: FORMAT:1.…

Q: question 33

A: Traditional IRA is one of the plans which are used by the taxpayers so that the tax amount which is…

Q: is part b answered in this?

A: Ledger posting. : When any transaction is made journal entry is passed, after that those entries are…

Q: rmn.3 answer must be in table format or i will give down vote

A: Approach to solving the question:I need more context about this. If you give me more information…

Q: please answer question 26

A:

Q: Part B is the incorrect answer

A: The LIFO method is defined as one of the important methods of inventory calculation in which the…

Q: 7. The ultimate control of the corporation rests with the board of directors.

A: Introduction:- Board of directors:- Board of directors play vital role in every organization for…

Q: ansawer

A: Where a partnership itself is generally not subject to income tax, individual partners (including…

Q: (d) On what basis should management select from these two methods to depreciate the machine? Justify…

A: The management should opt for reducing balance method of depreciation for the above scenario: This…

Q: Can you answer part 4

A: Stock beta = 1.38 Expected return = 13.6% Risk free rate = 4.7%

Q: Is there a way you can provide an example for number 3?

A: Break-even level is computed by the company at which company has sufficient amount of revenue…

Q: I need help with questions 1 and 2

A: Profitability ratio is a ratio which indicate the return on resources used for productivity in terms…

Q: please explain the answer B

A: In the net realizable value method, joint costs are allocated based on the total final sales value…

Q: i did ask for a certain question to be resolved question 2b

A: High low method is used to segregate the semi variable or mixed cost into two separate costs i.e.…

Q: kau.3  answer must be in table format or i will give down vote

A: Approach to solving the question: Detailed explanation: Examples: Key references:.

Q: what are the solutions for questions 4 & 5?

A: The following inventory methods used for inventory valuation as follows under:--Specific…

Q: pm.4 answer must be in proper format or i will give down vote

A: Approach to solving the question: Detailed explanation:  Examples: Key references:

Effective Interest Rate

The term interest rate can be defined as the amount that is charged by the lender as a percentage on the principal amount. Interest rate which is charged annually is known as annual percentage rate.