Alandlord wants to acquire an additional apartment building for $250,000. the new building contains eight apartment units, which will each rent for $500 per month. the bank is willing to loan the landlord the money for a long-term, 30-year loan at a 5.5 percent interest rate. calculate the monthly payment and explain whether taking this loan for the new building is a smart business decision.

The monthly payment on the loan = $732.64

The monthly payment gotten from the building = $4000

it is a very smart business decision because the monthly revenue gotten from the rent is greater than the monthly payments made to service the loan.

Explanation:

Bank loan taken = $250000

Interest on loan = 5.5%

loan duration = 30 years = 360 months

Total money to be paid back = 5.5% of $250000 + $250000

                                               = 0.055 * 250000 + 250000

                                               = 13750 + 250000 = $263750

Monthly payment on loan = $263750/360 = $732.64

Number of apartment units = 8

amount paid by one apartment unit per month = $500

total amount paid by the apartments tenants monthly =  $500 * 8 = $4000

ans.

heterothermic organisms include those organisms that can switch between homeothermic (having body temperature higher than environment) and poikilothermic (having variation in internal body temperature) strategies.

some migratory birds show heterothermy as they decrease their metabolic rate during cold nights to keep their body temperature low. drop in metabolic rate allows increase in production efficiency of birds that reduces the internal body temperature to make it equal to external cold temperature during cold nights.

thus, the correct answer is 'birds allow their temperature drop in order to increase their production efficiency.'