subject
Business, 26.06.2019 03:50 moranmar2283

James wants to take out a loan. he can afford to make monthly payments of 200 dollars and wants to pay the loan off after exactly 20 years. what is the maximum amount that james can afford to borrow if the bank charges interest at an annual rate of 6 percent, compounded monthly

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 13:50
Diamond motor car company produces some of the most luxurious and expensive cars in the world. typically, only a single dealership is authorized to sell its cars in certain major cities. in less populous areas, diamond authorizes a single dealer for an entire state or region. the manufacturer of diamond automobiles is using a(n) distribution strategy for its product.
Answers: 2
question
Business, 22.06.2019 15:40
The cost of direct labor used in production is recorded as a? a. credit to work-in-process inventory account. b. credit to wages payable. c. credit to manufacturing overhead account. d. credit to wages expense.
Answers: 2
question
Business, 23.06.2019 11:00
The average month end closing stock price for company a over the past year is $34.57 with a standard deviation of $4.65. the average month end closing stock price for company b over the same period is $26.15 with a standard deviation of $7.45. based on this data, we can conclude that the stock price for company a is more consistent when compared to the stock price for company b.
Answers: 3
question
Business, 23.06.2019 13:10
Barry owns a 50 percent interest in b& b interests, a partnership. his brother, benny, owns a 35 percent interest in that same partnership, and the remaining 15 percent is owned by an unrelated individual. during 2016, barry sells a rental property with a basis of $60,000 to b& b interests for $100,000. the partnership intends to hold the rental as inventory for resale. what is the amount and nature of barry’s gain or loss on this transaction?
Answers: 1
You know the right answer?
James wants to take out a loan. he can afford to make monthly payments of 200 dollars and wants to p...
Questions
question
Mathematics, 10.12.2019 20:31
question
History, 10.12.2019 20:31
question
Chemistry, 10.12.2019 20:31
question
Mathematics, 10.12.2019 20:31
question
History, 10.12.2019 20:31