Oppenheimer bank is offering a 30-year mortgage with an apr of 4.78 % based on monthly compounding. with this mortgage your monthly payments would be $ 2 comma 006 per month. in addition, oppenheimer bank offers you the following deal: instead of making the monthly payment of $ 2 comma 006 every month, you can make half the payment every two weeks (so that you will make 52 divided by 2 equals 26 payments per year). with this plan, how long will it take to pay off the mortgage if the ear of the loan is unchanged? note: make sure to round all intermediate calculations to at least 8 decimal places.

Which organization was established to train the hard-core unemployed? - better business bureau- equal employment opportunity commission- environmental protection agency- affirmative action committee- national alliance of business

Aquatic marine stores company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor. aquatic uses standard costs to prepare its flexible budget. for the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows: direct materials: 3 pounds per unit; $ 6 per pound direct labor: 4 hours per unit; $ 19 per hour during the first quarter, aquatic produced 5 comma 000 units of this product. actual direct materials and direct labor costs were $ 65 comma 000 and $ 330 comma 000, respectively. for the purpose of preparing the flexible budget, calculate the total standard direct materials cost at a production volume of 5 comma 000 units.

You plan to invest some money in a bank account. which of the following banks provides you with the highest effective rate of interest? hint: perhaps this problem requires some calculations. bank 1; 6.1% with annual compounding. bank 2; 6.0% with monthly compounding. bank 3; 6.0% with annual compounding. bank 4; 6.0% with quarterly compounding. bank 5; 6.0% with daily (365-day) compounding.