Author Question: A new home was financed for 98,000 at 9.5 for 25 years. Prepare an amortization schedule. What is ... (Read 106 times)

waynest

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A new home was financed for 98,000 at 9.5 for 25 years. Prepare an amortization schedule. What is the balance after the first payment?
 a. 98,116.13
 
  b. 97,896.95
 
  c. 97,919.60
 
  d. 97,143.30

Question 2

In aggregate planning models, the number of workers available influences the possible production levels.
 a. True
  b. False
   Indicate whether the statement is true or false



paavo

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Answer to Question 1

d

Answer to Question 2

TRUE



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