Business
Business, 01.10.2019 16:30, lay2578

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.

answer
Answers: 3

Other questions on the subject: Business

image
Business, 22.06.2019 18:00, theflash077
Large public water and sewer companies often become monopolies because they benefit from although the company faces high start-up costs, the firm experiences average production costs as it expands and adds more customers. smaller competitors would experience average costs and would be less
Answers: 1
image
Business, 22.06.2019 19:10, xbeatdroperzx
Greenway industries is a major multinational conglomerate. its business units compete in a range of industries, including home appliances, pharmaceuticals, commercial real estate, and plastics manufacturing. although its largest business unit, which produces kitchen appliances, is among the most profitable in the industry, it generates only 35 percent of the company's revenues. which of the following is most likely true of greenway's stock price? a. it is valued at less than the sum of its individual business units. b. it is valued at greater than the sum of individual business units. c. it is valued at the exact sum of individual business units. d. it is consistently lower than the industry average. it is valued at greater than the sum of individual business units.
Answers: 1
image
Business, 22.06.2019 23:00, jcrowley9362
How is challah bread made? if i have to dabble the recipe?
Answers: 1
image
Business, 22.06.2019 23:30, autumnsusan190ox9kn4
Decision alternatives should be identified before decision criteria are established. are limited to quantitative solutions are evaluated as a part of the problem definition stage. are best generated by brain-storming.
Answers: 1
Do you know the correct answer?
Oppenheimer bank is offering a 30-year mortgage with an apr of 4.78 % based on monthly compounding....

Questions in other subjects:

Konu
Arts, 20.05.2020 18:59
Konu
Mathematics, 20.05.2020 18:59
Konu
Mathematics, 20.05.2020 18:59