...The only way to make this work is to go to my boss and ask for a $1.00 raise so I could make an $89.09 payment to my principle every month. By making $89.09 more a month to my principle my interest rate will go down. Paying $89.09 extra a month comes out to $1069.08 extra more a year that goes tours the principle payment. The only way that it would be reasonable is for me to get a second job or to get a raise at my job that I have right now. It would be better for me to refinance my loan to at rate of 3.6% that would give me a 30 year paid out of $784.08 a month. I would be saving $200.60 a month if I refinance my loan right now. Even with me having to pay $2000.00 closing cost it would benefit me to refinance my loan so I would have a better rate. The first year saving would be $2407.20 which would cover my closing cost that I had to pay out. My current payment a month is $984.68 and if I refinance my pay would be $784.08. If I could get the bank to let me refinance my loan at 3.6% for a 20 year loan my payments would be $942.28 a month. If I make a payment of $158.20 into my principle payment I would have my loan paid off in 20 years on a 30 year fixed rate loan. I would be putting $1898.40 into the principle each year. My current monthly payment is 984.68 if I can refinance to a 20 year loan at 3.6% my payment would be $942.28 that is a saving of 42.40 a month. When I refinance the...
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...Contract shall be deemed cancelled, null and void, and all deposits or Downpayment shall be returned in full to PURCHASER. In the event the premises herein consist of a condominium unit or is part of a homeowners association/PUD the review period provided for herein shall be eight (8) business days. I T I S ESSENTI AL THAT Y OU CONSULT Y OUR ATTORNEY WI THI N THE REV I EW PERI OD. Contract of Sale WARNING: NO REPRESENTATION IS MADE THAT THIS FORM OF CONTRACT FOR THE SALE AND PURCHASE OF REAL ESTATE COMPLIES WITH SECTION 5702 OF THE GENERAL OBLIGATIONS LAW "PLAIN ENGLISH." NOTE: FIRE AND CASUALTY LOSSES: This Contract form does not provide for what happens in the event of fire or casualty loss before the title CLOSING. Unless different provision is made in this Contract, Section 51311 of the General Obligations Law will apply. One part of that law makes a PURCHASER responsible for fire and...
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... You earn the points as long as your arguments make sense. 3. It might be possible to pay the current balance off in 20 years if you refinanced the loan at a lower interest rate. The interest rate that you qualify for will depend, in part, on your credit rating. Identify the highest interest rate you could refinance at in order to do this and determine the interest rate that would require a monthly total payment that is less than your current total payment. Also, refinancing costs you $2000 up-front in closing costs. The principle = $112,242.47, loan period = 20 years. You are looking for the highest interest rate (it is lower than 5.75% of course) which makes your monthly payment lower than the current monthly payment $706.12 The $2000 will be used in part 4. 4. Explain whether it is more or less reasonable to consider refinancing your loan. In order to answer this, you need to look at different interest rates. Refinancing costs you $2000 up front in closing costs. To answer the question, you need to compute the following numbers. Total payment if...
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...Contact & Organization Information 1. Name of Person Submitting Application: 2. Your Organization’s Name: Habitat for Humanity 3. Year Founded: 1976 4. Website Address: www.habitat.org 5. Organization Address: 6114 Ridge Road, Gary, IN 46408 6. Organization Phone Number: 219-923-7265 RFP Application 7. Please provide a brief summary of your proposal for grant funding. Habitat for Humanity will use the grant monies for expanding our training/workshop and simulation room and replacing the old and outdating office equipment and furniture. We would purchase a new All-in-one printer, copier, scanner and fax machine that is needed for marketing and training. We will also purchase tables, chairs, dry eraser boards, a projector and ten (10) new computers, which will all be using during training classes. The training and workshops are for our volunteers and selected Lake County families. We will conduct classes on home repair, budgeting, banking, credit, savings, home maintenance, community involvement, energy efficiency, homeownership, and children’s success in school program for low-income homeowners in Lake County. The volunteers will also be trained on basic wiring, plumbing, masonry work and drying walling by professionals. Habitat for Humanity has utilized the non-profit’s existing construction and support services staff to grow the program, by adding an efficient process for home repair to the ongoing mission of...
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...The store will open hour later and close an hour earlier. Manger and full time employees will have four-days of 10 hour workweeks. Part time employee will consolidate their hours into 1, 2, or 3 days a workweek. This may vary depending on how many hours a week they work. There are no stores closing and no new stores will be opening. If you have any question regarding the changes please e-mail me back. Thanks for you time and I hope the transitions goes well. From Stephanie Memo: New Store times The following are some changes that have been made. The Stores will no longer be open on sunday. So we will be open monday through saturday. Also the time that the stores will be open are changing as well. The stores will be opening an hour later and closing a hour earlier. No Stores are closing and no new stores will be opening. Thanks for your time and I hope the transitions goes well. Attachment customers We will be changing the days we are open and the times that the stores will be open and close. The days the stores will be open are as followed; Monday through saturday and closed on sunday. The stores will be opening an hour later and closing an hour earlier. The stores will not be closing. Thanks for your time and sorry for the...
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...Sundays as well as Monday through Saturday all store hours will consist of opening one hour later and closing one hour earlier. All full time employees will work 4 days at week, at 10 hours per day. Part time employees schedules should be made up of 3 days a week. The changes are being made as a result of the raising gas prices. We are hoping the change to the schedule will be a benefit to both the operations of the store as well the staff who manage the store. Despite the current economical changes, the company will not be closing any current locations, however, it will not be opening any new locations at this time. Please let me know if you have any questions. From: Corporate Office To: All Employees Subject: Changes to Work Schedule Attention All Employees, Effective June 1, 2012 the work schedule off all full time employees will change from 8 hours and 5 working days to 4 working days which will consist of 10 hours. Part time employees’ schedules will not surpass 3 working days each week. Along with your work schedules changing, all locations will open one hour later and close one hour earlier. These changes are to better accommodate both the store locations and the employees with the struggle of the raising gas prices. In an effort to keep the organization steady, any plans of opening new locations have come to a stop. However, no current locations will be closing. Please consult with your store manager should you have any questions. The Corporate Office ...
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...Real-Time Hand Tracking for HumanComputer Interaction Ayush Tripathi, Kanishk Puri, Nilesh Srivastava, Prateek Dham (Students) Mrs S.S Dhotre(Professor) Computer Science Department Bharati Vidyapeeth Deemed University College of Engineering Pune, Maharashtra(India) Abstract- The proposed work is part of a project that aims for the control of a mouse based on hand gesture recognition. This goal implies the restriction of real-time response and unconstrained environments. This is basically a vision based skincolour segmentation method for moving hand in real time application [3]. This algorithm is based on three main steps: hand segmentation, hand tracking and gesture recognition from hand features. For the hand segmentation step we use the colour cue due to the characteristic colour values of human [1]. The hands are recognized by the computer using the skin colour as one of the basic features for the hand recognition. The important feature is the accurate segmentation of hands [3]. I. Introduction Nowadays, the majority of the human-computer interaction (HCI) is based on mechanical devices such as keyboards, mouse, joysticks or gamepads. In recent years there has been a growing interest in a class of methods based on computational vision due to its ability to recognise human gestures in a natural way .These methods use as input the images acquired from a camera or from a stereo pair of cameras. The main goal of these algorithms is to measure the hand configuration...
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...Running head: BUYING A HOUSE Buying a House Mildene Faulkner MAT 104 Edmund Ford, Jr. August 7, 2012 Buying a House Five years ago, I bought a house for 151,000, with a down payment of 30,000. I took a loan for 121,000. The interest rate on the house was a fixed 5.75%. I am paying more on my loan, so I can pay it off in 20 years instead of 25. I am currently paying $211.13 in Escrow payments and $706.12 in principal and interest payments. My current loan balance is $112,242.47. I am going to explain how much money I will need to pay off my loan in 20 years instead of 25. I am currently paying $917.25 in monthly payments on my house. I would like to see how much money I would have to add to my monthly payments, if I want to pay off my house in 20 years. By using the monthly payment method and the table provided to me by my realtor, I see that if I take the loan amount and divide it by 1000, and then multiply by the tablet entry of 7.0208, I would get $788.03. Then to figure out the amount of money I need to add to my monthly payment to pay of my loan in 20 years, I have to subtract $706.12, which is my monthly principle and interest from $788.03. That would give a total of $81.91. This is the amount of money I need to add to my current monthly payment in order to pay off my loan in 20 years instead of 25. I think that I would be reasonable to try to pay off the loan in 20 years versus 25 years. I think I can maintain a comfortable lifestyle doing this as long...
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...full note etc… How can I trust you will make these payments: one of the things I can do for you is that I can have 6 months of payments in escrow for a worst case scenario. ------------------------------------------------- Completing: Risks: Due on sale clause Lien obligation (to a title search) you can put this in the contract, so if you find one, that is your way out ------------------------------------------------- Late payments Pitfalls: Forgetting bout insurance (hazard, title,) Paying too much for property Not vacating homeowners (before close, walk through home/should be empty. If they need a week to leave, then wait a week to close) Misleading lender Avoiding taxes Not having exit strategy Just avoiding closing cost? No, most sellers just want to walk away. So motivate them to walk away. They want money and walk...
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...Closing The closing begins with the first sentence after the small talk… My job is to give you enough information so that you can make a decision today on whether this is a right fit for you. Trial closes: Can you see yourself learning in an environment like this? What did you see here that convinced you this is the right fit? How important is [this] to you? Why? Close: Have I given you enough information so that you can make a decision on whether or not this is a right fit for you? If Yes: “Why?” Or if no: “What are your main areas of concern?” “I don’t want student loans” “many of our students didn’t want student loans either. I didn’t want student loans. But, there are 3 major investments people make in their lives: House, car and education. You need a house for shelter, but if you can’t make the payments your house will be foreclosed. You need a car for transportation, but if you can’t make the payments your car will be repossessed. But your education is the only thing no one can take away from you. And it is the only investment of those three that will put you in a position to be able to afford the other things.” 90% of students in the united states would not be able to go to school without the benefit of student loans. You will have student loans, no question about it, but you don’t have to make any payments until 6 months after you graduate and you have 10 years to pay it back. Hypothetically speaking, if you have a $10,000 loan, and you have 10 years...
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...Refinancing This is a summary of the consideration of refinancing a current mortgage at 7% with 14 of 15 years left and $2,000 in closing cost. The new mortgage would be 5.5% for 15 years and $1,500 in closing costs. If your refinanced mortgage was $100,000.00 at 7% your monthly payment would be $898.83/per month ( http://www.calculator.com/pantaserv/mortgage_s.calc). Now you would take that $898.83 figure and multiply 168 months (14 yrs.) then add in the $2,000.00 closing costs and you’d have paid $153,003.13(from here on in and $163,789.09 total)for the house when paid off. Now if you go to the 5.5% offer to refinance, the monthly mortgage would be $817.08/per month. Take that figure and multiply it by 180 months (15 yrs.) and add in the $1,500.00 closing costs and you would have paid $148,574.40 for the house when paid off. If you factor in what you have already paid for your current mortgage ($10,785.96 for the first 12 months of payments) the grand total would be $159,360.36 The 5.5% mortgage is better any way you look at it. It has a better interest rate, lower monthly payment, and if you add what you have already paid in your current mortgage with the total for the new 15 year mortgage you will still spend less money in the long run with the new 5.5% mortgage. References Calculator.com. (n.d.). Retrieved on November 6, 2011from:...
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...CASE 1: MHA Textile Maximum solution length: Three double-spaced pages (see syllabus) Source This case is adapted from a 2005 PricewaterhouseCoopers (PwC) case distributed by PwC for faculty use in teaching auditing. Case information is drawn from an actual PwC client, but with names and industry identification changed to protect confidentiality. PwC holds rights to the case, but has extended permission for classroom use of the case in higher education. Background Your firm's audit client is MHA Textile Corporation, a publicly traded SEC registrant. Your firm has audited MHA for 15 years, and has established a constructive, professional working relationship with the company. Currently you are auditing a significant wholly owned subsidiary of MHA known as "NYH." The NYH subsidiary manufactures blankets and throws, as well as decorative pillows. MHA and NYH have faced increased competition in recent years from rivals in Asia. In May of 2005, MHA's Board of Directors approved a plan to restructure the company and discontinue unprofitable activities. Among the activities to be closed is the decorative pillow operation of NYH, which is unprofitable and increasingly prone to foreign competition. Additional Facts Due to increased competition over the last decade, MHA has had to implement cost-cutting strategies for all of its operations to remain profitable. Especially in the last three years, MHA has cut costs significantly and has reduced personnel. In 2002, MHA implemented...
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...| | | | | | | | | | | 2015 Budget – Year 5 | | 2013 | Jan. | Feb | Mar | Apr | May | June | July | Aug | Sept | Oct | Nov | Dec | INCOME | | | | | | | | | | | | | | Maximus | 50748.84 | 4682.69 | 4682.69 | 4682.69 | 4682.69 | 4682.69 | 4682.69 | 4682.69 | 4682.69 | 4682.69 | 4682.69 | 4682.69 | 4682.69 | | | | | 50748.84 | 4229.07 | 4229.07 | 4229.07 | 4229.07 | 4229.07 | 4229.07 | 4229.07 | 4229.07 | 4229.07 | 4229.07 | 4229.07 | 4229.07 | EXPENSES | | | | | | | | | | | | | | Mortgage | 18636.00 | 1553.00 | 1553.00 | 1553.00 | 1553.00 | 1553.00 | 1553.00 | 1553.00 | 1553.00 | 1553.00 | 1553.00 | 1553.00 | 1553.00 | Hydro | 1200.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | Condo Fees | 3794.40 | 316.20 | 316.20 | 316.20 | 316.20 | 316.20 | 316.20 | 316.20 | 316.20 | 316.20 | 316.20 | 316.20 | 316.20 | Condo Insurance | 168.00 | 14.00 | 14.00 | 14.00 | 14.00 | 14.00 | 14.00 | 14.00 | 14.00 | 14.00 | 14.00 | 14.00 | 14.00 | Transportation | 1605.00 | 136.42 | 136.42 | 136.42 | 136.42 | 136.42 | 136.42 | 136.42 | 136.42 | 136.42 | 136.42 | 136.42 | 136.42 | Clothing/Care | 2600.04 | 221.00 | 221.00 | 221.00 | 221.00 | 221.00 | 221.00 | 221.00 | 221.00 | 221.00 | 221.00 | 221.00 | 221.00 | Cell Phone | 924.00 | 77.00 | 77.00 | 77.00 | 77.00 | 77.00 | 77.00 | 77.00 | 77.00 | 77.00 | 77.00 | 77.00 | 77.00 | Internet | 960.00 | 80.00 |...
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...With his impact on the 20th century, Heller managed to create an intense feeling of moral conflict and views on the political times of World War II with satirical comedy, his character, Yossarian’s, expressions and his critical orientation on the War setting he is currently situated in. Through Heller and ”Catch-22” ,a solely American phrase was born as the classic ‘Stalemate’ phrase, a no-win situation that applies to real life and veterans at home, something relatable to the public and readers. Imagery of falsehood in reality. Institution is based on expectations and reality in the book. When Colonel Cathcart and Peckham agree to move the bombline and have missions set for Bologna(Ch.12), Yossarian and his mates prepare for suicide as this area is rumored to be highly defensive. Overnight when the other plot and move the bombline it fools the higher ranks into believing that the city has been captured and they no longer need to bomb the area. In relation to this it creates the setting of moral conflict and self-interest. This is because the Institution is not worried of the mere loss of life that could occur, their only mission is to get things done and acquire numbers.With this movement of the line, Cathcart and Peckham are awarded, and falsely believe that what they see on the map is to be true; they have finished this mission. But this is not true when later on they figure out that Bologna has not been captured and no one bothered to check, their idea of what goes on in the...
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...Closing of Blockbuster Alimatu Asumah Organizational Behavior Southern New Hampshire University I. Introduction a. Closing of Blockbuster b. Challenges faced by Block c. Filling for bankruptcy II. Dish Takeover and Tactics a. Dish Purchase and Layoffs at Blockbuster b. Exploring new channels c. Blockbuster need for innovation III. Employment and Morale a. Compensation and Quality of work b. Morale and Job Satisfaction c. Corporation Image IV. Conclusion I. Introduction Founded by David Cook and Wayne Huizenga in the mid 1980’s, in the late 1980's and early 1990’s, Blockbuster Inc. was the leading in the video rental industry. Which grew quickly maintaining interest in the entertainment industry, including retailing music. Also growing nationwide, many American families were turning all over to movie rentals as a form of in-home entertainment. I propose that an organizational behavior theory that leads to a company’s success includes a rational system perspective and the most important things within these theories are formalization and specific it y of goals. Organizational behavior becomes standardize. Through formalization, organizational behavior becomes standardize making training of new employees easier for both management and the employee. Goal specification allows procedures for specific tasks to be performed along with a structured way for resources to be allotted (Kreitner 2012). When companies have a rational structure, expectations...
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