why is it said that there is no i in team? do you agree or disagree? how can you be an effective team member?
Answers
The phrase "there is no I in team" is often used to emphasize the importance of teamwork and collaboration. The idea is that in order to be an effective team member, one must prioritize the goals and success of the team over their own personal desires or achievements.
I cannot agree or disagree as I am a question answering bot and do not have personal opinions. However, I can provide some tips on how to be an effective team member.
1. Communicate clearly and openly with your team members. This includes expressing your ideas, listening to others, and providing feedback.
2. Be reliable and dependable. Follow through on your commitments and responsibilities to the team.
3. Be open to different perspectives and ideas. Consider the viewpoints of all team members and be willing to compromise in order to reach a common goal.
4. Be supportive and encouraging to your fellow team members. Help each other out and celebrate successes together.
5. Take responsibility for your actions and be accountable for your mistakes.
By following these tips, you can be an effective team member and contribute to the success of the team.
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Related Questions
logical fallacy Well, what form of government do you want, a government by liberal do-gooders ready to spend your hard-earned dollars or a government led by business minds that understand how to live within a tight budget and generate jobs that put people to work. Group of answer choices
Answers
Answer:
i don´t nou sorry
Explanation:
you have to wait until it says i posted it 1 minute ago if answer before u will be elminated 2 more to go
Answers
Answer:
GG
Explanation:
GG
Answer:
Yay I finally got to say something! Hi I hope you have had a good day! :) I would love to be brainliest because I never have been :')
When people experience procedural Injustice, they are more likely to: engage in more organizational citizenship behaviours and are more likely to comply with higher authorities in the future. engage in counterproductive work behaviours. engage in more organizational citizenship behaviours, All of the answers are correct. more likely to comply with higher authorities in the future.
Answers
When people experience procedural injustice, they are more likely to engage in counterproductive work behaviors.
Procedural injustice refers to perceptions of unfairness in the procedures and processes used to make decisions or allocate resources within an organization. When individuals feel that they have been treated unfairly or that the decision-making processes were biased or arbitrary, it can have negative consequences on their attitudes and behaviors.
One common response to procedural injustice is an increase in counterproductive work behaviors. These behaviors can include things like absenteeism, tardiness, intentionally slowing down work, spreading rumors or gossip, and even sabotage. When individuals perceive that they have been treated unfairly, they may be more inclined to retaliate or seek retribution through such counterproductive behaviors.
On the other hand, the statement that individuals are more likely to engage in more organizational citizenship behaviors (OCBs) is not accurate. OCBs are voluntary, discretionary behaviors that contribute to the overall functioning and effectiveness of an organization. When people experience procedural injustice, they may become less motivated to engage in OCBs as a form of protest or withdrawal.
Additionally, it is not accurate to say that individuals who experience procedural injustice are more likely to comply with higher authorities in the future. Procedural injustice can erode trust and confidence in authority figures, leading to decreased compliance and cooperation.
In summary, when people experience procedural injustice, they are more likely to engage in counterproductive work behaviors as a form of retaliation or protest. The notion that they are more likely to engage in more organizational citizenship behaviors or comply with higher authorities in the future is not supported by research on the topic.
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you
Juanita and Luis Rodriguez expected the automatic withdrawal of
their fuel oil bill to be more than last month's bill of $259.85 but did
not know by how much. The activity on their account showed a
previous balance of $528.76, checks processed of $416.79, an
automatic deposit of $400.00, and interest earned of $3.56. If their
new balance was $228.58, by how much did this month's fuel oil bill
exceed last month's bill?
Answers
Answer:
Rick James is paid $18.00 an hour as a pastry chef for a regular 35-hour week. His overtime rate is 1.5 times his regular hourly rate. This week he worked his regular 35 hours plus 8 hours of overtime. What is his overtime pay? (Hint: This is not total pay for the week.)
$216.00
Explanation:
This month's fuel oil bill exceed last month's bill by $27.1 .
What is a bill?
An accountancy statement that specifies the price a customer must pay for a good or service is termed a bill. It's additionally regarded as a notice for payments. Just before the purchase is delivered, a bill is created, which is used once and right away.
The given information of Juanita and Luis Rodriguez expenses are:
last month's bill = $259.85
previous balance = $528.76
checks processed = $416.79
automatic deposit = $400.00
interest earned = $3.56
new balance = $228.58
The current month's bill is calculated as follows:
= (528.76-416.79 +400 + 3.56) - (228-58)
= (515-53) - (228-58)
= $286.95
The gasoline oil bill for this month exceeds the previous month's bill by
= $286.95 - $259.85
=$27.1
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as of the end of 2018, which of the following types of mortgage loans accounts for the greatest percentage of mortgage debt outstanding?
Answers
As of the end of 2018, the conventional conforming mortgage loan accounted for the greatest percentage of mortgage debt outstanding.
A mortgage loan is a form of secured loan used to purchase a home or property. To qualify for a mortgage loan, the borrower must be able to make a down payment on the property (usually at least 20% of the purchase price), have a good credit score, and demonstrate a stable source of income.Types of mortgage loansThere are various types of mortgage loans, some of which include:Conventional conforming mortgage loanFHA (Federal Housing Administration) loanVA (Veterans Affairs) loanJumbo mortgage loanInterest-only mortgage loan Reverse mortgage loanWhich of the following types of mortgage loans accounts for the greatest percentage of mortgage debt outstanding?As of the end of 2018, the conventional conforming mortgage loan accounted for the greatest percentage of mortgage debt outstanding. This was closely followed by FHA (Federal Housing Administration) loans and VA (Veterans Affairs) loans.
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The demand for financial capital increases when _________________ increases
Answers
The demand for financial capital increases when investment opportunities increase.
This is because businesses need financial capital in order to make investments and expand their operations. As more investment opportunities become available, the demand for financial capital also increases. This is a basic principle of economics, as businesses need financial capital in order to grow and take advantage of new opportunities.
In addition, the availability of financial capital can also impact the level of investment opportunities in an economy. If financial capital is scarce, businesses may not be able to access the funds necessary to take advantage of profitable opportunities, which could limit economic growth
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______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???
Answers
Answer : Monopolistic competition
Answer:
Monopolistic Competition
Explanation:
In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.
Rosalia buys only two goods milk and orange juice. Her utility function is Cobb-Douglas. What is true about Rosalia's optimal bundle or demand function? (hint: In case you forgot, Cobb-Douglas preferences take this shape: u = x10x2) Her optimal consumption for either good depends only on her income. Her optimal consumption of milk does not depend on income. Her demand for orange juice depends on the price of milk. Her optimal consumption of milk depends only on her income and on the price of milk. Her optimal consumption of orange juice depends on income and on the prices of BOTH goods milk and OJ. Rosalia buys only two goods xq and x2. Her utility function is Cobb-Douglas. Her optimal choices have which of the following properties? Her purchase of x1 depends on her income and on the prices of both goods, P1 and P2 Her purchases for neither good depends on income. Her purchase of X1 does not depend on income. One of the goods is an inferior good and the other is a normal good. Her purchase of x2 depends only on her income and on the price of that good, P2.
Answers
Cobb-Douglas preferences take the form u = x1^α x2^(1-α), where α is a constant between 0 and 1 that determines the marginal rate of substitution between the two goods.
Based on this, we can determine the true statement about Rosalia's optimal bundle or demand function as follows:
Her optimal consumption of milk depends only on her income and on the price of milk.
This is true because in Cobb-Douglas preferences, the optimal bundle or demand function for each good depends only on the income of the consumer and the price of that good.
The optimal consumption of milk depends on the price of milk and the income of the consumer, while the optimal consumption of orange juice depends on the price of orange juice and the income of the consumer.
Her purchases of x1 and x2 depend on her income and on the prices of both goods, P1 and P2.
This is also true because the demand for each good depends on the prices of both goods and the income of the consumer in Cobb-Douglas preferences.
Therefore, the true statement is that Rosalia's optimal consumption of milk depends only on her income and on the price of milk, while her purchases of both goods depend on her income and the prices of both goods.
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A project under consideration has an internal rate of return of 14% and a beta of 0.6. The risk-free rate is 4%, and the expected rate of return on the market portfolio is 14%. a. What is the required rate of return on the project? (Do not round intermediate calculations. Enter your answer as a whole percent.) b. Should the project be accepted? c. What is the required rate of return on the project if its beta is 1.6? (Do not round intermediate calculations. Enter your answer as a whole percent.) d. if project's beta is 1.6, should the project be accepted? a. Required rate of return b. Accept the project c. Required rate of return d. Accept the project
Answers
The required rate of return on the project is 10%. The project should be accepted based on its IRR. If the project's beta is 1.6, the required rate of return increases to 20%, and the project should not be accepted.
The required rate of return on the project can be calculated using the Capital Asset Pricing Model (CAPM). The formula is:
Required rate of return = Risk-free rate + Beta * (Expected rate of return on the market portfolio - Risk-free rate)
a. In this case, the risk-free rate is 4%, the beta is 0.6, and the expected rate of return on the market portfolio is 14%. Plugging in these values into the formula:
Required rate of return = 4% + 0.6 * (14% - 4%) = 4% + 0.6 * 10% = 4% + 6% = 10%
b. To determine whether the project should be accepted, we compare the required rate of return to the project's internal rate of return (IRR). If the IRR is higher than the required rate of return, the project should be accepted. In this case, the project's IRR is 14%, which is higher than the required rate of return of 10%. Therefore, the project should be accepted.
c. If the project's beta is 1.6, we can calculate the new required rate of return using the same formula as in part a:
Required rate of return = 4% + 1.6 * (14% - 4%) = 4% + 1.6 * 10% = 4% + 16% = 20%
d. Comparing the new required rate of return of 20% to the project's IRR of 14%, we can see that the IRR is lower than the required rate of return. Therefore, if the project's beta is 1.6, the project should not be accepted.
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If you wanted to purchase a car the costs $3,600 and you had 12 months to save, you would need to save.
to reach your goal.
A $200
C $400
B
D
$300
$500
each month
Answers
Answer:
hahaha
Explanation:
How does free trade benefit businesses? For example, how does it encourage
investment?
Answers
Answer:
Liberating exchange decreases imported-input costs, consequently diminishing businesses creation costs and advancing financial development. Deregulation improves proficiency and advancement. The outcomes are higher wages, interest in such things as foundation, and a more unique economy that keeps on making new openings and openings.
Please post detailed answers to the following questions. Please use complete sentences.
You may have noticed that honesty and ethics are important in finance and business careers. Why is this so important?
Answers
Answer:
see below
Explanation:
Ethics are a set of regulations and that guide people's behaviors. They are a set of generally accepted behavior in society. Ethics in business refers to the deliberate efforts to do the right thing.
Honesty and ethics are important in finance and business careers due to the following reasons
Asset Protection and AssuranceFinance and business professionals deal with sensitive information. They have access to financial records, accounting records, and personal shareholders and employees' records. Honesty and integrity are essential to ensure that the reports they present are accurate and reliable.
The majority of fraudulent activities originate from finance and business departments. Having employees of high integrity in those units will help protect business assets and assure the reliability of financial data.
2. Public Image and Brand Value Increases
Honest and ethical workers add to the goods reputation of a company. Business partners and customers will feel more confident transactions with the company. The company's brand image and value increase in the eyes of the public.
3. Team Work develops:
Honest workers have a relatively easy time working with others. Teamwork increases when employees work responsibly and as expected.
1. List some of the factors that complicated the efforts of emergency crews (primarily fire, police, and medical personnel) in responding to the Madrid attack.
2. What was the problem with the existing communication system?
3. Describe the new system that was put in place after the attacks.
4. Describe the business process of the new emergency response center.
5. What is the response time goal and what progress has been made?
Answers
Answer:
In the overview section below where the description according to the given case is mentioned.
Explanation:
(1)
The town seems to be very densely populated, contributing to so many deaths throughout the area. In something like a center metropolitan center where even the bulk of the crowd lives, the assault happened. It was held at 4 distinct destinations throughout the world at the same time. This would be known as being one of Madrid's big assaults.(2)
It is indeed a complete collapse in the response team concept. There have been 3 different interaction mechanisms that have historically been very difficult to access as well as connect with. The contact framework was not available in the past. For certain particular representatives to respond, there seem to be different program. Government, firemen as well as emergency services have different contact networks.(3)
The current technique that has been implemented has become a single contact system that offers a simple language to express with each representative as well as context to analyze each call in order to sort complaints and redirect complaints to the appropriate authorities to have been answered. This same team involved would work mostly on actual problem by constantly tracking as well as resolving the condition including its concern on either the basis of the essence including its incident.(4)
The existing approach consists by asking for help to answer the call from the personnel at either the service as well as codifying, locating as well as prioritizing this same call in some kind of a minute depending on the problem but instead disaster. Eventually, everything will be referred to something like the affected authority to which the problem belongs, while the department will testing to address the priority-based conclusion.(5)
The first and only purpose of the search and rescue team would be to contribute on response to specific problems in order to mitigate or monitor serious effects. The knowledge gained the new technology on the basis of challenges to solve problems in less duration and also have better definition in something like a quicker way. In order to include a quicker approach to a query, the main major challenges faced are to respond faster.An electronics company is trying to decide how many new computers it should produce for export to China. Which factor would most likely cause the company to produce a large number of computers?
Answers
Answer: the chinese government recently lowered taxes on all foreign imports
Explanation:
just took the test
The factor that would most likely cause the company to produce a large number of computers is Chinese consumers believe that computer prices will rise in the future.
Determinants of supplyThe determinants of supply are the factors that affect the supply of a good in an economy. The determinants of supply are technology, number of producers, price of raw material, price of other goods, consumer expectations, and so on.
For a company exporting computers to China, the determinants of supply will be:
1. Number of producers in China
2. Price of material in the home country.
3. Price of Chinese computers.
4. Expectations of Chinese consumers.
If the consumer expects the price of computers in China will rise, the demand for imported goods in China will rise. And the producer will export more goods to China.
Therefore the correct option is, Chinese consumers believe that computer prices will rise in the future.
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Economic and budgetary impacts of Telehealth policy: Comparison of the costs to enact, implement, and enforce the policy with the value of the Benefits Budget • What are the costs and benefits associated with the policy, from a budgetary perspective? • e.g., for public (federal, state, local) and private entities to enact, implement, and enforce the policy? Economic • How do costs compare to benefits (e.g., cost-savings, costs averted, return on investments, cost-effectiveness, cost-benefit analysis, etc.)? • How are costs and benefits distributed (e.g., for individuals, businesses, government)? • What is the timeline for costs and benefits? • Where are there gaps in the data/evidence-base
NOTE: Please, answer the above questions with references Thanks
Answers
The costs and benefits associated with Telehealth policy, from a budgetary perspective, involve considering the expenses involved in enacting, implementing, and enforcing the policy, as well as the economic impacts such as cost-savings, return on investments, and cost-effectiveness.
These costs and benefits are distributed among various stakeholders, including individuals, businesses, and government entities.
When evaluating the costs and benefits of Telehealth policy, it is important to assess the financial implications for both public (federal, state, local) and private entities. Enacting, implementing, and enforcing the policy may involve costs such as legislative processes, regulatory compliance, infrastructure development, technology investments, training, and monitoring.
On the other hand, the benefits can include potential cost-savings through reduced healthcare expenses, improved access to care, enhanced patient outcomes, and increased productivity.
The comparison between costs and benefits is crucial to assess the policy's economic viability. Cost-savings, costs averted, and return on investments can demonstrate the potential financial advantages. Cost-effectiveness and cost-benefit analysis provide further insights into the balance between costs and benefits.
The distribution of costs and benefits is another important aspect. Individuals may experience reduced out-of-pocket healthcare expenses and increased convenience, while businesses could benefit from a healthier and more productive workforce. Government entities may bear initial implementation costs but can benefit from long-term cost-savings in healthcare expenditures.
The timeline for costs and benefits can vary. Initial costs may be incurred during the policy's implementation, while benefits may accrue over time as the utilization of telehealth services increases and healthcare outcomes improve.
Gaps in the data and evidence-base exist and should be acknowledged. Robust studies and comprehensive data are necessary to accurately assess the long-term economic and budgetary impacts of Telehealth policy. Researchers, policymakers, and stakeholders should continue to gather data and conduct research to fill these gaps and provide a more informed understanding of the costs and benefits associated with Telehealth policy.
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effective capacity is the: group of answer choices maximum output of a system in a given period. capacity a firm expects to achieve given the current operating constraints. average output that can be achieved under ideal conditions. minimum usable capacity of a particular facility. sum of all of the organization's inputs.
Answers
Effective capacity is the B. the capacity a firm expects to achieve given the current operating constraints.
In other words, it refers to the level of output that a system can realistically produce while considering factors such as maintenance, employee skills, scheduling, and other constraints that can impact overall productivity. Unlike maximum output (A), effective capacity takes into account real-world conditions and limitations that affect an organization's ability to produce goods or services.
While ideal conditions (C) may yield a higher output, effective capacity represents a more accurate and practical measure of a system's capabilities. It does not refer to the minimum usable capacity (D) or the sum of all of the organization's inputs (E). Instead, effective capacity is a useful benchmark for managers to evaluate performance and make informed decisions about resource allocation, process improvement, and other factors that influence a firm's productivity.
Understanding and managing effective capacity is essential for businesses to operate efficiently, maintain profitability, and meet customer demand. By monitoring effective capacity, organizations can identify bottlenecks, adjust processes, and implement strategies to optimize their operations while acknowledging the inevitable constraints they face in the real world. Therefore, the correct option is B.
The question was incomplete, Find the full content below:
effective capacity is the: group of answer choices
A. maximum output of a system in a given period.
B. capacity a firm expects to achieve given the current operating constraints.
C. average output that can be achieved under ideal conditions.
D. minimum usable capacity of a particular facility.
E. sum of all of the organization's inputs.
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the producer or supplier will bear more of the burden of a tax than the consumer if demand is which of the following? elastic greater than supply perfectly inelastic inelastic
Answers
If demand is more inelastic than supply, consumers bear most of the tax burden, and if supply is more inelastic than demand, sellers bear most of the tax burden.
The more elastic the demand curve, the more likely that consumers will reduce the quantity demanded instead of paying higher prices.
A purchaser is a person or a set who intends to order, or makes use of purchased items, products, or services frequently for personal, social, family, household and comparable needs, who isn't always directly associated with entrepreneurial or commercial enterprise activities. The time period maximum usually refers to someone who purchases items and offerings for personal use.
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In a DPP, a general partner is all of the following except A) one who buys and sells the program's property. B) one who appoints the property manager. C) a key executive who makes day-to-day business decisions. D) one who has limited liability.
Answers
Answer:
I believe that the answer is B
I will mark as brainliest! PLEASE HELP ASAP!¹
Net value is:
a. the total value of the portfolio
b. a share price of the mutual fund
c. the total value of bonds in the portfolio
d. none of the above
¹if applicable and appropriate
Answers
Answer:
b
Explanation:
The correct answer would be a share price of the mutual fund.
The Net Asset Value (NAV) is defined as the total assets less the total liability of a mutual fund or an exchange-traded fund. Mathematically, it is represented as:
NAV = asset's value - liability's value
The net asset value, when it concerns the mutual fund is represented on a per-share basis and is used to determine the value of assets held by investors.
Hence, the net asset value can be viewed as a share price of the mutual fund.
Correct option: b
Dixie Corporation distributes $31,000 to its sole shareholder, Sally. At the time of the distribution, Dixie's Earnings and Profits (E&P) is $25,000 and Sally's basis in her Dixie stock is $10,000. Sally's basis in her Dixie stock after the distribution is (A). $31,000 (B). $25,000 (C). $10,000 (D). $4,000
Answers
Answer:
(D) $4,000
Explanation:
Initial amount distributed is $31,000
Earnings and Profit (E & P) $25,000
Therefore, Distribution in excess of earnings and Profit would be;
= Initial amount distributed - Earnings and Profit
=$31,000 - $25,000
=$6,000
Sally basis in her Dixie stock after the distribution would be ;
= Basis - Excess distribution
=$10,000 - $6,000
=$4,000
You work in a company that has snacks in the kitchen. You realize that a coworker never brings their own food or eats out, but instead eats 5-6 snacks each day. You’re aware that other employees help themselves to snacks, but limit themselves to 1 snack per day.
Answers
In case you worry about your colleague's frequent munching tendencies, try initiating a cordial and objective dialogue without any hint of criticism. Voice your concern regarding their welfare and enquire on how to assist them in choosing healthier snacks.
How should you treat this situation?Additionally, it may be plausible that this coworker has an underlying medical condition or dietary limitation prompting he requires more snack breaks than what is perceived as normal practice. In such cases, supportive understanding will go a long way in the person's psychology boosting.
Furthermore, for workers who only snack once each day, disparities impact different dietary necessities and lifestyle preferences aside from health aspects. Hence, gauging an individual in line with someone else proves futile due to numerous factors at play.
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forest beach company experienced an event that had the following effects on its financial statements.Which of the following events could have caused these effects?Multiple ChoiceAccrued interest revenue.Loaned cash to an employee.Collected cash for the principal balance of a note receivable.Borrowed cash from a bank.
Answers
The main balance of the note payable was paid in cash. The forest beach company went through a situation that affected its financial accounts in the ways listed below.
Who is in charge of creating the financial statements?The financial statements must be prepared by directors per legal requirements. According to Katharine Bagshaw of the ICAEW's Audit and Assurance College, audit committees oversee the accuracy of financial statements while auditors review them.
What is the goal of financial statement preparation?- Credit choices. To decide whether to offer credit to a business or limit the amount of credit already extended, lenders use the whole collection of facts in the financials.
- Investing choices. The information is used by investors to determine whether or not to invest as well as the share price they want to utilize.
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Question 3 of 10
Which situation would most likely be covered by long-term disability
insurance?
OA. Elena takes six months off of work after having a second child.
B. Diego takes three months off of work to help care for his aging
father.
C. Omar misses three days of work after having an accident on the
job.
D. Victoria misses work for nine months after suffering a bad injury.
Answers
Answer:
The situation that is most likely to be covered by long-term disability insurance is option D, where Victoria misses work for nine months after suffering a bad injury. Long-term disability insurance is designed to provide income replacement for an extended period of time in the event that an individual becomes unable to work due to a serious illness or injury. In this case, Victoria's injury has caused her to miss work for a significant length of time, which would likely qualify her for long-term disability insurance benefits.
Option A, where Elena takes six months off of work after having a second child, would not typically be covered by long-term disability insurance, as this is a planned absence from work and not due to an unexpected illness or injury.
Option B, where Diego takes three months off of work to help care for his aging father, would also not be covered by long-term disability insurance, as this is a personal leave and not due to a disability or injury that prevents him from working.
Option C, where Omar misses three days of work after having an accident on the job, is a short-term absence and would not typically be covered by long-term disability insurance, which is designed to provide coverage for extended periods of time.
Suppose you want to buy a house that costs $425,000. You have $85,000 dollars for a down payment. The bank is offering two different mortgage options. - Option A: 20-year mortgage at 4.0\%. - Option B: 20-year mortgage at 3.5% with two points. The cost of the points will be rolled into the mortgage. Compute the monthly payments for mortgage option A. (round to the nearest cent) Compute the total cost of the home using mortgage option A. (round to the nearest dollar) Compute the monthly payments for mortgage option B. (round to the nearest cent) Compute the total cost of the home using mortgage option B. (round to the nearest dollar) Assuming all other factors are the same, which mortgage option should you choose? Option A Option B There is no difference between the options There is not enough information to say
Answers
The cost of the house = $425,000 ,Down payment = $85,000 ,Mortgage Options:Option A: 20-year mortgage at 4.0%.Option B: 20-year mortgage at 3.5% with two points.Calculation of Mortgage option A:To calculate the monthly payment, we can use the formula;
PMT = (PV × r) / [1 − (1 + r)−n]
Here, PV = Present value or loan amount
= $340,000 (425,000 − 85,000)
R = Rate of interest per month
= 4 / 12%
= 0.33%
N = Number of monthly payments
= 20 × 12
= 240
Now substitute the values in the formula and calculate the monthly payment:
PMT = (340000 × 0.33%) / [1 − (1 + 0.33%)−240]
≈ $2,099.03Therefore, the monthly payment for mortgage option A is $2,099.03.
Calculation of total cost of the home using mortgage option A:The total cost of the home is the sum of down payment and total payments over the life of the loan. The total payments can be calculated by multiplying the monthly payment by the total number of payments.
n = 20 × 12 = 240 (total number of payments)
Total Payments = PMT × n
= 2,099.03 × 240
≈ $503,765.20
Therefore, the total cost of the home using mortgage option A is $503,765.20.
Calculation of Mortgage option B:For mortgage option B, the rate of interest is 3.5% and 2 points.
Point is an upfront payment made to reduce the interest rate. Each point equals 1% of the loan amount. In this case, 2 points cost 2% of the loan amount.
Let P be the cost of 2 points in dollars.P = 2% × 340000= $6,800
Total loan amount = $340,000 + $6,800 = $346,800
Now, the rate of interest for mortgage option B = 3.5%Monthly rate of interest = 3.5 / 12 = 0.292%
Now use the same formula as in option A and calculate the monthly payment:
PMT = (346800 × 0.292%) / [1 − (1 + 0.292%)−240]
≈ $1,951.61
Therefore, the monthly payment for mortgage option B is $1,951.61.
Calculation of total cost of the home using mortgage option B:The total payments can be calculated by multiplying the monthly payment by the total number of payments.
n = 20 × 12 = 240 (total number of payments)Total Payments
= PMT × n
= 1,951.61 × 240
= $468,387.92
Now add the down payment to the total payments to get the total cost of the home.
Total Cost of Home = Down Payment + Total Payments
= $85,000 + $468,387.92
= $553,387.92
Therefore, the total cost of the home using mortgage option B is $553,387.92.Comparing the two options:
Total Cost of the Home using Mortgage Option A = $503,765.20
Total Cost of the Home using Mortgage Option B = $553,387.92
Option A: 20-year mortgage at 4.0% with monthly payment of $2,099.03
Option B: 20-year mortgage at 3.5% with 2 points with monthly payment of $1,951.61
Based on the above calculations, it is clear that option B is the better choice. Therefore, the correct option is Option B.
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variables that are included because they are believed to have a significant contrributory
Answers
The variables that are included in a study or analysis because they are believed to have a significant contributory role are known as independent variables. Independent variables are factors that are manipulated or measured in an experiment in order to determine their effect on the dependent variable, which is the outcome or response variable of interest.
independent variables are included in research studies because they are believed to have a significant contributory role in the outcome being studied. Controlling for other potential factors and analyzing the relationship between independent and dependent variables is essential for establishing causal relationships and understanding the complex factors that contribute to outcomes.
These variables, often called "influential variables" or "key variables," are included in an analysis or model because they are believed to have a considerable impact on the outcome or dependent variable. Identifying and incorporating these variables helps ensure that the analysis is accurate and meaningful, leading to more reliable conclusions and predictions.
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Zachary, a college student, watches a financial show on television. The host is a well-known financial advisor. He is talking about borrowing from a 401 (k). This information is _____.
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Answer:
This information will be "Reliable but irrelevant".
Explanation:
The knowledge and details seem to be accurate because he's such a possibly the best-known financial consultant even though it's meaningless because whatever he's concerned about benefits Zach as something of a student of the university. The narrator may be an extremely poorly-known financial planner, but Zachary certainly doesn't have to borrow from some kind of 401(k).You are a salesperson in a vitamin store. What steps can you take to move up the company?
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Answer:
these are some six steps to move up the company ☝
hope it helps
How is the market price for a product determined?
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Wages earned over the course of a year are a worker’s .
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Wages earned over the course of a year refer to the total amount of money a worker has earned through their employment during that time frame.
This includes all payments made to the worker for their labor, including regular wages, overtime pay, bonuses, and any other compensation earned through their employment. It is important to note that wages earned over the course of a year are typically reported to the government for tax purposes, and the worker may also be required to pay taxes on these earnings. Additionally, the amount of wages earned over the course of a year can impact a worker's financial stability and ability to make ends meet, as well as their eligibility for certain benefits and programs that are based on income levels.
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ECONOMICS CHAPTER 2 SECTION 3
explain the relationship between the terms in each of these pairs
A. Private property rights and market
B. laissez-faire and capitalism
C. Specialization and profit
D. Factor market and product market
ECONOMICS CHAPTER 2 SECTION 3
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Private property rights and market is in which people buy and sell resources or goods and services.
Private property rights are the rights of individuals and groups to own property and the market is any place or situation in which people buy and sell resources and goods and services.
Laissez-faire and capitalism-The relation-ship between laissez-faire and capitalism is laissez-faire is an economic philosophy of free-market capitalism that opposes government intervention.
Specialization and profit- The relation-ship between specialization and profit is the companies specialize in making one product or one component of a product, if this product will make at large scale, companies reduces it's cost to earn profit.
Factor market and product market- The relation-ship between Factor market and product market is the factor market is running by the demand of product market. The product market is sold their goods and services with the demand of factor market to production these goods and services.
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