A recent engineering graduate is relocating after 3 years on the job. History shows that subsequent assignments with the company last for 4 to 6 years beforemoving on to a new location for additional experience and broadening. The graduate wishes to buy a new home costing $200,000, make a 5 percent down payment, and finance the remaining $190,000. The rate quoted for a conventional 30-year loan is 6.8230 percent interest with no points and no other closing costs. a. What is the amount of the monthly payment? Calculate this using both Excel1 and one of the Web-based calculators. b. If, immediately after the sixtieth payment (5 years), the graduate is asked to move, what will be the unpaid balance on the loan? c. Use Excel1’s EFFECT function (or RATE function) to determine the effective annual interest rate for the loan. d. Determine the APR using both Excel1 and one of the Web-based calculators.

Which of the following statements is correct? large corporations are taxed more favorably than sole proprietorships. corporate stockholders are exposed to unlimited liability. due to limited liability, unlimited lives, and ease of ownership transfer, the vast majority of u.s. businesses (in terms of number of businesses) are organized as corporations. most businesses (by number and total dollar sales) are organized as partnerships or proprietorships because it is easier to set up and operate in one of these forms rather than as a corporation. however, if the business gets very large, it becomes advantageous to convert to a corporation, mainly because corporations have important tax advantages over proprietorships and partnerships. most business (measured by dollar sales) is conducted by corporations in spite of large corporations’ often less favorable tax treatment, due to legal considerations related to ownership transfers and limited liability.

When the national economy goes from bad to better, market research shows changes in the sales at various types of restaurants. projected 2011 sales at quick-service restaurants are $164.8 billion, which was 3% better than in 2010. projected 2011 sales at full-service restaurants are $184.2 billion, which was 1.2% better than in 2010. how will the dollar growth in quick-service restaurants sales compared to the dollar growth for full-service places?

Match the situations that will develop one's personality and those that won't peter is surrounded by friends who are always encouraging him jonathan always watches television when he wants to take a break from his books libby sets small targets for herself and strives to achieve them. the smiths indulge in an animated discussion on varied topics every evening after dinner. brook loves junk food and exercises once in a while. develops your personality develops doesn't develop your personality