subject
Business, 13.10.2021 02:20 jazzycintron14

Oppenheimer Bank is offering a -year mortgage with an APR of based on monthly compounding. With this mortgage your monthly payments would be per month. In addition, Oppenheimer Bank offers you the following deal: Instead of making the monthly payment of every month, you can make half the payment every two weeks (so that you will make 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.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 11:00
Companies hd and ld are both profitable, and they have the same total assets (ta), total invested capital, sales (s), return on assets (roa), and profit margin (pm). both firms finance using only debt and common equity. however, company hd has the higher total debt to total capital ratio. which of the following statements is correct? a) company hd has a higher assets turnover than company ld. b) company hd has a higher return on equity than company ld. c) none of the other statements are correct because the information provided on the question is not enough. d) company hd has lower total assets turnover than company ld. e) company hd has a lower operating income (ebit) than company ld
Answers: 2
question
Business, 22.06.2019 12:50
Suppose the real risk-free rate and inflation rate are expected to remain at their current levels throughout the foreseeable future. consider all factors that affect the yield curve. then identify which of the following shapes that the u.s. treasury yield curve can take. check all that apply.
Answers: 2
question
Business, 22.06.2019 18:00
Carlton industries is considering a new project that they plan to price at $74.00 per unit. the variable costs are estimated at $39.22 per unit and total fixed costs are estimated at $12,085. the initial investment required is $8,000 and the project has an estimated life of 4 years. the firm requires a return of 8 percent. ignore the effect of taxes. what is the degree of operating leverage at the financial break-even level of output?
Answers: 3
question
Business, 22.06.2019 18:40
Under t, the point (0,2) gets mapped to (3,0). t-1 (x,y) →
Answers: 3
You know the right answer?
Oppenheimer Bank is offering a -year mortgage with an APR of based on monthly compounding. With this...
Questions
question
Chemistry, 05.11.2020 06:40
question
History, 05.11.2020 06:40
question
Mathematics, 05.11.2020 06:50
question
Physics, 05.11.2020 06:50
Questions on the website: 13722359