Answer:
$1,088.12
Explanation:
The formula for calculating monthly repayments is as below.
M= P x <u> r </u>
1 − (1+r)−^n
where p is the loan amount = $220,000
r = 4.3per cent or 0.043 % interest rate per year,
on monthly basis r will be 0.043/12=0.00358%
n = 30 year, which is 30 x 12 months= 360 months
M= $220,000 x <u> 0.00358 </u>
1 - (1+0.00358 ) ^ - 360
M=$220,000 x<u> 0.00358 </u>
1- 0.2762
M = $220,000 x (0.00358 /0.7238)
M = $220,000 x 0.0049461
M = 1,088.12
Monthly payments will be $1,088.12
Answer:
Number of producers
Prices of other goods
Technology
Resource prices
Explanation:
Supply is the total amount of goods and services available to consumers in a market
The higher the number of producers, the higher the number of goods produced and the higher the supply all things being equal. The reverse would be the case if the number of producers fall.
If the price of other good increases, it would be more profitable to produce the other goods. As a result, the number of producers available to good would reduce.
Technological progress that reduces cost of production and makes production more efficient, would lead to an increase in supply.
If the price of inputs increases, it becomes more expensive to produce the good and as a result, supply would fall.
Answer:
The answer is True
Explanation:
Service industries would prefer not to hire an expatriate because they require close contact with customers, high levels of professional skills, specialized know-how, and customization.
They avoid expatriates because the new responsibilities, different culture and daily stress may lead to problems coping with their new position and location.
Besides, Expats are Expensive & Problematic, they are expensive to maintain and may even attract some legal risks.
Answer:
40,600 units sound be included in its end of year interest
Explanation:
In this question, we are asked to calculate the number of units that should be included in its end of year inventory
Particulars units
In stock 36,000
Less;
Damaged 4,600
31,400
Add
stock in transit. 3,600
Stock available with
with consignee. 5,600
Closing inventory. 40,600
