« previous next »

Author Question: A new home was financed for 98,000 at 9.5 for 25 years. Prepare an amortization schedule. What is ... (Read 50 times)

waynest

  • Hero Member
  • *****
  • Posts: 553
on: Jun 24, 2018
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

  • Sr. Member
  • ****
  • Posts: 301
Reply #1 on: Jun 24, 2018
Answer to Question 1

d

Answer to Question 2

TRUE


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Vertebral compression Fractures of the spine (vertebra) can cause severe ”band-like” pain that radia Vertebral compression Fractures of the spine (vertebra) can cause severe ”band-like” pain that radia
Review Cognitive Changes over the Adult Years Review Cognitive Changes over the Adult Years
Nick buys a $25 000, 5.4% bond with quarterly interest coupons, 3 years before maturity, to ... Nick buys a $25 000, 5.4% bond with quarterly interest coupons, 3 years before maturity, to ...
Biology Forums Home Page Mobile (Feb. 2022) Biology Forums Home Page Mobile (Feb. 2022)
Calculus homework take home Calculus homework take home
Recommended Immunization Schedule for Children Recommended Immunization Schedule for Children
Video: hGH, Thyroid hormones & Aldosterone

For a complete list of videos, visit our video library