Suppose you are going to purchase a house. You negotiate a great deal and your bank agrees to lend you money for 30 years at 4% APR (annual percentage rate). HINT: For the monthly interest rate do 4/12 (4% divided by 12 months) and answer to 6 decimal places. Enter the answer in dollar format without $ sign or thousands comma -> 3519.23 and not $3,519.23 or 3,519.23 The house costs $300,000 and you pay 20% down and finance the rest. Compute (round it to 2 numbers after the decimal point for the answer inputs but not for interim steps)

Which of the following is not an example of one of the four mail advantages of prices on a free market economy

In early january, burger mania acquired 100% of the common stock of the crispy taco restaurant chain. the purchase price allocation included the following items: $4 million, patent; $3 million, trademark considered to have an indefinite useful life; and $5 million, goodwill. burger mania's policy is to amortize intangible assets with finite useful lives using the straight-line method, no residual value, and a five-year service life. what is the total amount of amortization expense that would appear in burger mania's income statement for the first year ended december 31 related to these items?

During which of the following phases of the business cycle does the real gdp fall? a. trough b. expansion c. contraction d. peak