The monthly mortgage payment for principal and interest on a $240,000 home loan with 10 percent down payment at 6 percent interest rate for 30 years is $1,295. What is the dollar amount of the first month of that mortgage that will go to interest and to principal

Which of the following statements is true about financial planning

4. suppose that pollution in a neighborhood comes from two factories, with marginal benefit curves given by mb1 = 12 – p1 and mb2 = 8 – p2. the level of pollution in the neighborhood is given by p = p1 + p2. the government wants to limit pollution by instituting a pollution-rights market. the government’s desired level of p is 10, so it prints 10 pollution rights and offers them for sale to the firms.a)find the equilibrium selling price of a pollution right, as well as the allocation of rights (and hence pollution levels) across the two factories. b)repeat part (a) for the case where the government’s desired level of pollution equals 14. c)comment on the usefulness of a pollution rights market in achieving efficient levels of pollution abatement.

Suppose that a monopolistically competitive restaurant is currently serving 260 meals per day (the output where mr