You have taken out a $350,000, 3/1 ARM. The initial rate of 6.0% (annual) is locked in for three years. Calculate the outstanding balance on the loan after three years. The interest rate after the initial lock period is 6.5%. (Note: the term on this 3/1 ARM is 30 years.)
A) $336,294.25
B) $2,098.43
C) $347,901.57
D) $2,183.95

Answers

Answer 1

Answer:

A) $336,294.25

Explanation:

Loan = 350,000

Rate  6%

Years = 30

PMT = PMT(Rate/12, 30*12, -Loan)

PMT = PMT(6%/12, 360, -350,000)

PMT = $2,098.43

Loan balance after 3 years = 27 years left

Loan Balance = PV(Rate/12, 27*12, -PMT)

Loan Balance = PV(6%/12, 324, -2,098.43)

Loan Balance = $336,294.25


Related Questions

Please help me Im stuck on this

Answers

It is a stock. C. The answer is stock

what is Animosity ?????????

Answers

Answer:

extreme hostility

Explanation:

im not ... not smart.

now come in the dining room so i can smack you rq.

:)

Which method of project selection gives consideration to the time value of money in a capital budgeting decision?
A. Payback method.
B. Average rate of return.
C. Accounting rate of return.
D. Discounted cash flows method.

Answers

Answer:

D. Discounted cash flows method.

Explanation:

The discounted cash flow method is the method in which it discounted all the cash flows to their their present value

Also it provides the consideration with respect to the times value of money while taking decision related to capital budgeting

hence, the correct option is D

And all the other options are incorrect

A capital budgeting decision is a financial commitment and an investment, As by asking a project the business is taking commitments.  

TMV in capital budgeting is a decision through the discounting cash flow. The DFC is a method of valuing the social projects of the company along with the assets. They are estimated and discounted using the cost of capital.

Hence the option D is correct.

Learn more about the project selection gives consideration to the time value.

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If you are falling behind on your student loan payments, which of the following steps should you take to avoid default?

Answers

Answer:

These are the answer choices for the question:

A. Transfer your balance to a credit card

B. File for bankruptcy

C. Contact your lender

D. You cannot default on student loans

And this is the correct answer:

C. Contact your lender

Explanation:

If you are about to default on your student loans, the best alternative you have is to contact your lender in order to renegotiate the terms of the loan. This is because you cannot default on student's loan, so filing for bankruptcy is not an option, and transferring the debt to a credit card is not a good idea because credit card debt usually has higher interest.

According to personality psychologists, leader traits will play a stronger role shaping leader behavior in what type of situations?
a. weak
b. all of these.
c. structured
d. bureaucratic
e. strong

Answers

Answer:

a. weak

Explanation:

Leadership traits are more exposed and open in weak situations. Naturally, a person’s traits cannot be hidden and plays a strong role in their leadership behavior. Thus, individuals personality traits are known to shape a leader behavior in weak situations.

The MerryWeather Firm wants to raise $11 million to expand its business. To accomplish this, the firm plans to sell 15-year, $1,000 face value zero-coupon bonds. The bonds will be priced to yield 4%. What is the minimum number of bonds the firm must sell to raise the $11 million it needs?
a. 20,711.
b. 113,377.
c. 41,422.
d. 56,688.
e. 23,000.

Answers

Answer:

$19,810.54

Explanation:

Calculation for the minimum number of bonds the firm must sell to raise the $11 million it needs

First step is to calculate the price of each bond

Price of each bond =1,000 / (1+0.04)^15

Price of each bond =1,000 / (1.04)^15

Price of each bond =$555.26

Now let calculate the minimum number of bonds the firm must sell

Minimum number of bonds to sell=$11 million/$555.26

Minimum number of bonds to sell=$19,810.54

Therefore the minimum number of bonds the firm must sell to raise the $11 million it needs is

$19,810.54

а.
When organizing your business writing, you want to make sure that
Your name is at the top right corner
b. The main idea is at the very beginning
C Each sentence contains many ideas
d Each point has some fluff to make it longer

Answers

Answer:

B

Explanation:

You dont want to do the other things, as those are unprofessional

When organizing your business writing, you want to make sure that the main idea is at the very beginning. The appropriate response is option B.

What makes an effective business writing?

Writing that is employed in a professional environment is known as business writing. It is an intentional piece of writing that effectively, succinctly, and clearly delivers pertinent information to the reader. Client proposals, reports, notes, emails, and notifications are all included.

Companies utilize business writing as a communication tool to reach both their internal and outside audiences. Emails, memoranda, letters, reports, and promotional materials are all included.

Effective business writing is characterized by clarity of concept, conciseness, proper syntax and sentence structure, and simple language.

To learn more about business writing

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#SPJ5

Most food service establishment before the 18th century cater to ____.
1. Farmers
2.travelers
3. city dwellers
4. Royalty

Answers

Farmers are the only ones
I’m not sure I say farmers

What is the difference between inflation and deflation.

A. Inflation can result from falling demand and boosts the value of money. Deflation can result from rising demand and reduces the value of money.

B. Inflation can result from rising demand and boost the value of money. Deflation can result from failing demand and reduces the value of money.

C. Inflation can result from falling demand and reduces the value of money. Deflation can result from rising demand and boost the value of money.

D. Inflation can result from rising demand and reduces the value of money. Deflation can result from falling demand and boost the value of money.

Answers

Answer:

D. Inflation can result from rising demand and reduces the value of money. Deflation can result from falling demand and boost the value of money.

Explanation:

Inflation is the general increase in prices in the economy over time. As the economy grows, prices automatically rise. There is a direct correlation between economic development and inflation. A high growth rate may result in a high inflation rate. High growth is caused by an increase in demand for goods and services.

Inflation erodes the purchasing power of money. As prices increase, it means one unit of money will purchase fewer quantities of goods and services than the previous season.

Deflation is the opposite of inflation. It means a general decline in prices in the country. Low production due to reduced demand causes prices to decline. One unit of money will purchase more quantities of goods and services as prices decline.

Answer:

I believe the answer is D :)

Explanation:

If the income tax rate applicable to a firm is 35% and the pre-tax cost of debt is 10%, what is the after-tax cost of debt?

Answers

Answer:

the after tax cost of debt is 6.5%

Explanation:

The computation of the after tax cost of debt is shown below:

After tax cost of debt is

= Before tax cost of debt × (1 - tax rate)

= 10%  × (1 - 0.35)

= 10% × 0.65

= 6.5%

Hence, the after tax cost of debt is 6.5%

We simply applied the above formula so that the correct value could come

And, the same is to be considered

If the expected earnings per share are $12, what is the implied value of the ROE on future investment opportunities?

Answers

Answer:

15%

Explanation:

The computation of the implied value of the ROE is as follows:

As we know that

Growth rate = (RoE) × (1 - dividend payout ratio)

where,

The Growth rate is 5%

Dividend payout ratio = dividend per share ÷ earning per share

= $8 ÷ $12

= 66.66667%

Now

Growth rate = ROE × retention ratio

5% = ROE × (1 - dividend payout ratio)

5% = ROE × (1 - 0.666667)

ROE = 5% ÷ 1 - 0.666667

= 5% ÷ 0.333333

= 15%

_____ is the system used to record a firm's financial transactions in a routine and clerical process.

Answers

Answer:

book-keeping

Explanation:

In what ways are retail banks, credit unions, and online banks different?

Answers

Answer:

The bottom line is that banks are for-profit institutions, while credit unions are non-profit. Credit unions typically brag better customer service and lower fees, but have higher interest rates. On the contrary, banks generally have lower interest rates and higher fees

The credit unions have lower fees and better interests in the saving accounts. Credit unions are a type of institution controlled by members and operated on a nonprofit basis.

Online banks are those that have internet-based services such as e-loans, and all electronic transactions.  It also includes net banking and does it yourself system. Retail banking is a provision of services by the banks to the general public.  They are often called as whole ale banking. While a bank can have diverse offering a credit union is limited. Banks provide a higher fee for interest and loans, while credit union is lower fees and interest rates.

Learn more about the ways are retail banks, credit unions, and online banks different.

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Paris operates a talent agency as a sole proprietorship,and this year she incurred the following expenses in operating her talent agency.What is the total deductible amount of these expenditures?
$1,000 dinner with a film producer where no business was discussed
$500 lunch with sister Nicky where no business was discussed
$700 business dinner with a client but Paris forgot to keep any records (oops!)
$900 tickets to the opera with a client following a business meeting
A) $450.
B) $900.
C) $1,100.
D) $1,200.
E) $0

Answers

Answer:

A) $450.

Explanation:

The computation of the total deductible amount of the expenses is as follows:

In the case of the deduction with respect to the meal cost and entertainment. Only the half of the expense would be deducted i.e. for the business meeting

As in the question the opera tickets is $900 so the half of $900 i.e. $450 would be allowed as a deduction

Therefore the correct option is A.

. Define corporate-level strategy. What are the different levels of diversification firms
can pursue by using different corporate-level strategies?

Answers

Answer:

Tipos de diversificación empresarial

Explanation:

°Inversión propia. Constituye la fórmula de diversificación más seguida, puesto que supone echar mano de los recursos propios a la hora de intentar conquistar nuevos espacios productivos y clientes.

°Adquisición total o parcial de una empresa.

°Diversificación relacionada.

°Diversificación no relacionada.

question 5 eiyfgeyfie

Answers

Answer:

where's the question?

uh...where’s the problem? if you misclicked I understand!

2. A series of five constant dollar (or real-dollar) payments, beginning with $6,000 at the end of the first year, are increasing at the rate of 5% per year. Assume that the average general inflation rate is 4%, and the market interest rate is 11% during this inflationary period. What is the equivalent present worth of the series

Answers

Answer:

The equivalent present worth of the series is $27,211.16.

Explanation:

The first thing to do is to calculate the real interest using the following formula:

1 + i = (1 + r)(1 + inf) ..................... (1)

Where;

i = market interest rate = 11%, or 0.11

r = real interest rate = ?

inf = average general inflation rate = 4%, or 0.04

Substituting the values into equation (1) and solve for r, we have:

1 + 0.11 = (1 + r)(1 + 0.04)

1 + r = 1.11 / 1.04

1 + r = 1.06730769230769

r =  1.06730769230769 – 1

r = 0.06730769230769

The equivalent present worth of the series can now be calculated using the formula for calculating the present value (PV) of a growing annuity as follows:

PVga = (P / (r - g)) * (1 - ((1 + g) / (1 + r))^n) .................... (2)

Where;

PVga = present value of a growing annuity or equivalent present worth of the series = ?

P = constant dollar (or real-dollar) payments = $6,000

r = real interest rate = 0.06730769230769

g = growth rate of payments = 5%, or 0.05

n = number of years = 5

Substituting the values into equation (2), we have:

PVga = (6000 / (0.06730769230769 - 0.05)) * (1 - ((1 + 0.05) / (1 + 0.06730769230769))^5)

PVga = 346,666.666666712 * 0.078493722845371

PVga = $27,211.16

Therefore, the equivalent present worth of the series is $27,211.16.

If you become nervous in an interview and lose your train of thought, you should _____.

just keep talking
pause and take a deep breath
laugh it off
ask for a glass of water

Answers

Explanation:

pause and take a deep breath

Pause and take a deep breath

The Belwood Bread Company uses an average of 4,000 kilos of flour daily, with a standard deviation of 500 kilos per day. The average lead time to get a shipment of flour is 9 days with a standard deviation of 2 days. The owner of the bakery wants to maintain a service level of 95%.

z-value Probability
1.63 .9485
1.64 .9500
1.65 .9505
1.66 .9515
1.67 .9615
Which one of the following is true about the reorder point for flour?

Answers

Answer:

The Belwood Bread Company uses an average of 4,000 kilos of flour daily, with a standard deviation of 500 kilos per day is explained below in detail.

Explanation:

In my practice, it doesn't save capital, but it's still deserving it because it's wholesome and better than reserve purchased at the same amount.

For me, 1kg of all-purpose powder yields 1.6kg of bread (as two cubes). Each 13x4x4" (Pullman) loaf measures about 800 grams after freezing and yields between 22-30 slices related to its width. The value per loaf is under $1.00 and incorporates all components, charge, and electricity for mixing, baking, slicing.

I've created a few hundred loaves based on modifications of this formula:

                     %  grams   cost  calories sodium protein fat sugar

all-purpose powder    100  500   0.417  1833   0      50    17      0

   instant yeast    0.8    4   0.067    16   0       0     0      3

 non-fat dry milk      4   20   0.203    70   0       7    10    109

sugar      4   20   0.019    75   0       0    20      0

      canola oil     10   50   0.072   429  50       0     0

            salt      2   10   0.006     0   0       0     0   3933

           water     56  280   0.000     0   0       0     0      0

     dough total  176.8  884  $0.783  2422  50      57    47   4045

Zwick Company bought 25,500 shares of the voting common stock of Handy Corporation in January 2021. In December, Handy announced $202,700 net income for 2021 and declared and paid a cash dividend of $3.00 per share on all 202,500 shares of its outstanding common stock. Zwick Company's dividend revenue from Handy Corporation in December 2021 would be:

Answers

Answer:

$76,500

Explanation:

Zwick Company owns 25,500 shares of Handy Corporation, which represents 25,500 / 202,500 = 12.59% of all common stocks. Since Zwick influence over Handy is not significant, all dividends received will be directly considered dividend revenue.

total dividends received = $3 per share x 25,500 shares = $76,500

How should state appropriations to a state universoty choosing to report as engaged only in business-type activities be reported in its statement of revenues?

Answers

Answer: Non-Operating revenues

Explanation:

Such an activity will be recorded as a non-operating revenue in a proprietary fund in the university as these funds record revenues and expenses and will differentiate between operating revenues and non-operating revenues.

This is a nonoperating revenue as it is considered a nonexchange transaction where a government department or agency gives resources to another department or agency and mandates that they do something specific with it without expecting anything equal in return.  

hello anyone know carson lueders

Answers

Answer:

Im not sure who he is

Explanation:

never heard of them :|

Flavor Enterprises has been approached about providing a new service to its clients. The company will bill clients $140 per hour; the related hourly variable and fixed operating costs will be $75 and $18, respectively. If all employees are currently working at full capacity on other client matters, the per-hour opportunity cost of being unable to provide this new service is:______
a. $0.
b. $47.
c. $65.
d. $93.
e. $140.

Answers

Answer:

c. $65.

Explanation:

The computation of the per hour opportunity cost is as follows:

= Per hour revenue - per hour variable cost

= $140 - $75

= $65

The fixed cost would not be considered as it is a sunk cost

Therefore the  per hour opportunity cost is $65

We simply applied the above formula so that the correct value could come

And, the same is to be considered

When a single broker represents both parties in a real estate transaction, a _______ agency may exist.

Answers

Answer:

Dual

Explanation:

real estate transaction,which is used to convey ownership of a particular property to the buyer whereby there is a mutual agreement on some terms. The contract may be long it in shirt time.the end process is usually reffered to as “closing,” and this is a term that explains that both parties need to fulfill all terms and conditions that is associated with the exchange.

It should be noted that When a single broker represents both parties in a real estate transaction, a dual agency may exist.

Suppose the spot rate of the pound today is $1.70and the three-month forward rate is $1.75. How can a U.S. importer who has to pay 20,000pounds in three months hedge the foreignexchange risk?

Answers

Answer: £35000

Explanation:

From the question, we are informed that the spot rate of the pound today is $1.70 and the three-month forward rate is $1.75.

Based on the above information, if

The importer buys £20,000 at $1.75/£ and therefore pays the amount in 90 days as:

£20,000 x $1.75/£

= £35,000

18)
Whiskey, gin, and vodka are examples of
spirits (3 pts).

Answers

Answer:

Vodka, gin, baijiu, shōchū, soju, tequila, rum, whisky, brandy and singani are examples of distilled drinks. Beer, wine, cider, sake and huangjiu are examples of fermented drinks.

Explanation:

Only consumers benefit from government enforcement of contracts

Answers

Answer:

not true many people benfit most of all us!

Explanation:

Potomac LLC purchased an automobile for $31,200 on August 5, 2020. What is Potomac's depreciation deduction for 2020

Answers

Answer:

Potomac LLC

Depreciation deduction for 2020 is:

$2,600.

Explanation:

a) Data and Calculations:

August 5, 2020, Purchase of an automobile for $31,200

Depreciation rate = 20% for year 1

Depreciation expense = $31,200 * 20% * 5/12 months

= $2,600

b) Automobiles attract 20% depreciation in the first year.  However, since Potomac LLC purchased the automobile on August 5, 2020, the depreciation expense of $6,240 ($31,200 * 20%) will be prorated for five months, giving an average of $520 per month.  This results to $2,600 ($520 * 5).

A spa has placed a magazine advertisement in a local women’s magazine. What technological feature have the owners incorporated in this advertisement?
A. A QR code that is scanned and decodes information directly on the phone
B. Offline integration such as a pop-up
C. Interactive content
D. Holoscreen that uses glass media for projection
E. Fog screen that uses fog for image projection

Answers

Answer: A. A QR code that is scanned and decodes information directly on the phone

Explanation:

This is the best option as QR codes are usually inserted into print media to give more information about something when they are scanned. They can even be used to give discounts.

Human technology has not reached the point where either pop-ups, interactive content, or image projections can appear on print media so options B through E are wrong.

Answer:

A. A QR code that is scanned and decodes information directly on the phone

Explanation:

A company sold equipment that originally cost $260,000 for $130,000 cash. The accumulated depreciation on the equipment was $130,000. The company should recognize a:__________
A. $130,000 loss.
B. $0 gain or loss.
C. $65,000 loss.
D. $130,000 gain.
E. $65,000 gain.

Answers

Answer:

B. $0 gain or loss.

Explanation:

The computation of the company recognized in the given situation is shown below:

Equipment cost $260,000

Less: Accumulated depreciation -$130,000

Book value $130,000

And, the sale value is $130,000

Since the book value and the sale value are equivalent to each other that means there is no gain or loss

hence, the correct option is B

And all the other options are incorrect

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