Use PMT to determine the regular payment amount, rounded to the nearest dollar. The price of a small cabin is $45 comma 000. The bank requires a 5% down payment. The buyer is offered two mortgage options: 20-year fixed at 10% or 30-year fixed at 10%. Calculate the amount of interest paid for each option. How much does the buyer save in interest with the 20-year option?

What are two benefits of consumer programs

In the 1970s, kmart used blue light specials to encourage customers to flock to a particular department having a temporary sale. a spinning blue light activated for approximately 30 seconds, and then an in-store announcement informed shoppers of the special savings in the specific department. over time, loyal kmart shoppers learned to flock to the department with the spinning blue light before any announcement of special savings occurred. if kmart was employing classical conditioning techniques, what role did the spinning blue light play?

An electronics store is running a promotion where for every video game purchased, the customer receives a coupon upon checkout to purchase a second game at a 50% discount. the coupons expire in one year. the store normally recognized a gross profit margin of 40% of the selling price on video games. how would the store account for a purchase using the discount coupon?