Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Management Expert

Management Studies


Home >> Business Management

Using the entrepreneurial venture of interest to you. If you recall, you chose one of the following:

A company where you work. ? A company where you want to work. You may choose a company from one of Inc.

Magazine's top 500 companies from 2011 just of interest for research. In addition to the resources shared in the text, you can research entrepreneurial websites such as http://www.inc.com/inc5000/2011/top-lists.html.

At the end of each Unit, prepare a report that answers the pertinent questions regarding the Unit content as it pertains to your selected entrepreneurial company.

The questions applying to Unit Four are:

a. Assume your venture of interest accepted a $330,000 mortgage over 30-years at 6.5 percent.

Calculate the monthly payment, the total paid as to extinguish the loan, and the amount of interest. Present the calculation and explain each step as if you were teaching someone how to understand their own mortgage.

b. Perform the same calculation but with a 20 year loan. Is the saving considerable? Why or why not?

c. Now for the tough question-can the venture of interest afford the monthly payments for either scenario? Why or why not? If they asked you about whether or not to accept the mortgages, what would you tell them?

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M91706789
  • Price:- $25

Priced at Now at $25, Verified Solution

Have any Question?


Related Questions in Business Management

Egoism seems like a very difficult theory to justify how

Egoism seems like a very difficult theory to justify, how could you make the Ethics of Selfishness work? In other words, what are situations in which this theory seems to be the appropriate path to follow?

Question to below caseif you find that economic prospects

Question to below Case: If you find that economic prospects are better in Desertia, should you invest there? Or, does your company have an obligation to support the more democratic political regime of Mountania, even if ...

Create brochure that could be given to people considering

Create brochure that could be given to people considering starting their own business and who want to know the key considerations when developing a business plan and determining the best methods of managing the business' ...

You have now had an introduction to organizational behavior

You have now had an introduction to organizational behavior, scientific management, the human relations school and other classical ways of looking at people in organizations. Focus your discussion on the following: What ...

Required words 2000when the whistleblower know that this

Required Words: 2000 When the whistleblower know that this information about his colleague is correct (any breach of organization policy), he must transfer this information to his supervisor? Is this act ethical from the ...

Suppose an individuals budget and prices of commodities she

Suppose an individual's budget and prices of commodities she faces are respectively I = 50,px = 2,py =3. If the individual's utility function is given by U(x,y) = √xy. What's her preferred consumpution bundle? If the ind ...

Not everyone can be good at everything about a job

Not everyone can be good at everything about a job. Providing only positive performance feedback can give workers inaccurate pictures off their performance. What are the disadvantages of this inaccuracy?

One of the most important contributions of hofstedes

One of the most important contributions of Hofstede's studies regarding working in diverse teams is the idea of "diversity distance". How would this idea be useful in creating trust in a virtual global team?

You take out earthquake insurance on your homenbspthe

You take out earthquake insurance on your home. The annual premium is $600. In case of an earthquake the company will pay you $400,000. The probability of an earthquake in your area is 0.0002. What is the expected value ...

What service is defined as it services for example in a gym

What service is defined as IT services? For example, in a gym, is members called IT services? What else? could you give me another example?

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As

Follow Us

© Copyright 2013-14 mywordsolution.com All rights reserved