subject
Business, 02.03.2021 01:10 devaughnnorthcu8221

You just learned that you can pay off your mortgage early; every dollar beyond the scheduled payment must be applied to principal. Your $200,000 loan at 4.5% interest started with a 30 year term. It is the beginning of year 6. You are about to make the regular payment, but want to add an amount that will prepay the principal due in month 62. What is the amount of the regular payment, and how much do you need to add to prepay the principal in month 62

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 22:20
Amachine purchased three years ago for $720,000 has a current book value using straight-line depreciation of $400,000: its operating expenses are $60,000 per year. a replacement machine would cost $480,000, have a useful life of nine years, and would require $26,000 per year in operating expenses. it has an expected salvage value of $130,000 after nine years. the current disposal value of the old machine is $170,000: if it is kept 9 more years, its residual value would be $20,000. calculate the total costs in keeping the old machine and purchase a new machine. should the old machine be replaced?
Answers: 2
question
Business, 22.06.2019 01:00
The following account balances at the beginning of january were selected from the general ledger of fresh bagel manufacturing​ company: work in process inventory ​$0 raw materials inventory $ 29 comma 000 finished goods inventory $ 40 comma 900 additional​ data: 1. actual manufacturing overhead for january amounted to $ 62 comma 600. 2. total direct labor cost for january was $ 63 comma 600. 3. the predetermined manufacturing overhead rate is based on direct labor cost. the budget for the year called for $ 255 comma 000 of direct labor cost and $ 382 comma 500 of manufacturing overhead costs. 4. the only job unfinished on january 31 was job no.​ 151, for which total direct labor charges were $ 5 comma 700 ​(1 comma 000 direct labor​ hours) and total direct material charges were $ 14 comma 400. 5. cost of direct materials placed in production during january totaled $ 123 comma 300. there were no indirect material requisitions during january. 6. january 31 balance in raw materials inventory was $ 35 comma 200. 7. finished goods inventory balance on january 31 was $ 35 comma 400. what is the cost of goods manufactured for​ january
Answers: 1
question
Business, 22.06.2019 10:10
Karen is working on classifying all her company’s products in terms of whether they have strong or weak market share and whether this share is in a slow or growing market. what type of strategic framework is she using?
Answers: 2
question
Business, 22.06.2019 13:30
1. is the act of declaring a drivers license void and terminated when it is determined that the license was issued through error or fraud.
Answers: 2
You know the right answer?
You just learned that you can pay off your mortgage early; every dollar beyond the scheduled payment...
Questions
question
Mathematics, 16.10.2019 05:00
question
Mathematics, 16.10.2019 05:00
question
Mathematics, 16.10.2019 05:00
question
Mathematics, 16.10.2019 05:00
question
Social Studies, 16.10.2019 05:00
question
History, 16.10.2019 05:00
Questions on the website: 13722361