You purchase a home for $100,000 with a 20-year mortgage at 12%. If you make annual mortgage payments that pay the interest and reduce the principal, by how much is the loan reduced at the end of the first year??
What will be an ideal response?
The mortgage payment is X(7.469) = $100,000 X = $100,000/7.469 = $13,389.?(PV = -100000; N = 20; I = 12; PMT = ?, and FV = 0. PMT = 13388.)?Since the interest payment is $100,000(0.12) = $12,000,the principal repayment is $13,389 - 12,000 = $1,389.
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Purchases of existing businesses may occur through ________ in which the business is bought over a period of time with money obtained from the business.
A. leveraged buyouts B. earn-outs C. green field investments D. blue ocean strategies
Emotional self-leadership involves strategies for regulating:
a. emotions b. behaviors c. actions d. emotions, behaviors, and actions
What are the advantages and disadvantages of corporate blogs?
What will be an ideal response?
It takes Genevieve 20 minutes to get to school. She takes the same route through the city every day. If she put some thought into it, she would realize that she could cut her time in half by taking the freeway. Genevieve makes a ________________ everyday, but should take the time to make a ______________ decision?
a. Non-programmed decision and programmed b. Programmed decision and Executive c. Programmed decision and Non-programmed d. Strategy decision and Executive