Rhonda is buying a second home to use as income property. She is financing 75% of the home's $100,000 value. Her bank is loaning her the money for 10 years at an APR of 4.5%. How much are Rhonda's mortgage payments?
A) $441.28
B) $598.74
C) $777.28
D) $958.44
E) $1,014.33
Answer: C
Business
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Intel's focus on designing complex, expensive microprocessors for PCs enabled competitors to develop cheaper chip sets for non-PC electronics devices. In the strategic intent model of competitive advantage, this is an example of:
A) building layers of advantage. B) loose bricks. C) changing the rules of engagement. D) collaborating. E) none of the above
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Which marketing research company identifies communities on the basis of lifestyle clusters?
a. A.C. Nielsen b. Sales & Marketing Management c. Editor & Publisher d. Information Resources Inc. (IRI)
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