28. Search for mortgage (home loan) and auto loan calculators on the Internet. Use them to determine the monthly payments and total interest for the life of the loans in each of the following scenarios: Joe Chin bought a house for $180,000. He made a 20 percent down payment. Joe secured a loan for the balance of the purchase price at 6.5 percent interest for 30 years.
Louisa Perez bought a house for $300,000. She made a 10 percent down payment. Louisa secured a loan for the balance of the purchase price at 5.95 percent interest for 30 years.
Mary Roberts bought a house for $255,000. She made a 5 percent down payment. Mary secured a loan for the balance of the purchase price at 6.75 percent interest for 15 years.
Nathan Reynolds bought a car for $15,000. He made a down payment of $3,000. Nathan secured a loan for the balance of the purchase price at 8 percent interest for four years.
Troy Parker also bought a car for $15,000 and made a $3,000 down payment. He secured a loan for the balance of the purchase price at 4 percent interest for four years.

Afinancial institution, the thriftem bank, is in the process of formulating its loan policy for the next quarter. a total of $12 million is allocated for that purpose. being a full-service facility, the bank is obligated to grant loans to different clientele. the following table provides the types of loans, the interest rate charged by the bank, and the possibility of bad debt as estimated from past experience.type of loaninterest rateprobability of bad debtpersonal.140.10car.130.07home.120.03farm.125.05commercial.100.02 bad debts are assumed unrecoverable and hence produce no interest revenue either. competition with other financial institutions in the area requires that the bank allocate at least 40% of the total funds to farm and commercial loans. to assist the housing industry in the region, home loans must equal at least 50% of the personal, car, and home loans. the bank also has a stated policy specifying that the overall ratio for bad debts on all loans may not exceed .04. formulate this problem as a linear program. define your variables clearly and write all the constraints explaining the significance of each.

In our daily interactions we can find ourselves listening to other people solely for the purpose of finding weakness in their positions so that we can formulate a convincing response. select one: true false

Do a swot analysis for the business idea you chose in question 2 above. describe at least 2 strengths, 2 weaknesses, 2 opportunities, and 2 threats for that company idea.