"5. you are buying a property that will carry a $1,750,000 mortgage. your loan is interest only for 5 years but the interest rate can reset every year. the interest rate has a cap of 0.75% per year. the starting rate is 4.00%. at the end of year 1, the loan resets with an actual rate is 5.50%. (hint: remember the cap). at the end of year 2, the actual loan rate climbs to 7.0%. the rate remains there. in year 6, the loan resets to a fully amortized loan with 25 years to maturity at the current rate plus 0.25%. put together a loan schedule that shows the annual payments and balance at the end of each year. what is the fully amortized payment beginning in year 6? "

If a company’s employees are angry about their work, a visiting auditor may also become agitated, illustrating the power of

Responsible for setting the goals and planning for the future as well as leading and controlling the work of others. out the decisions of top management. often responsible for various departments such as the production, marketing, and accounting departments. process or function of planning organizing leading and controlling. the resources arranged in an orderly and functional way to accomplish goals and objectives. the company on track and making sure goals are met. for the daily operations of a business. examples of this are supervisors, office managers, and crew leaders. act or process of creating goals and objectives as well as the strategies to meet them. for the daily operations of a business. examples of this are supervisors, office managers, and crew leaders. how the firm is structured and who is in charge of whom. direction and vision

Zapper has beginning equity of $257,000, net income of $51,000, dividends of $40,000 and investments by stockholders of $6,000. its ending equity is