Laln 03 Group 3)
Sam paid $24,000 as a down payment towards a house purchase and received a mortgage from a
bank for the rest. He paid $1380 at the end of every month for 30 years at an interest rate of 3.6%
compounded monthly to settle mortgage. What was the purchase price of his house?
a $303,533.29
b. $327,533.29
c.
$237,355.29
o

In mexico, many garment or sewing shops found they could entice many young people to work for them if they offered clean, air conditioned work areas with high-quality locker rooms to clean up in after the work day. typically, traditional garment shops had to offer to get workers to apply for the hard, repetitive, and somewhat dangerous work. a. benchmark competitive wages b. compensating differentials c. monopoly wages d. wages based on human capital development of each employee