5 page starting document for a business plan for a construction company in Florida focused on residential construction, primarily remodels and products with a unique prospective for our customers. Paper is used as reference to develop a complete a full business plan later. Basic mission statement and concept

For this assignment, you will analyze a home mortgage loan.

1. Find a description, asking price, and real estate taxes of a house for sale, and decide on a purchase price you would be willing to pay (assuming you

have the means). Find a current market interest rate for a 30-year fixed-rate

mortgage having a down payment of 20 percent of the purchase price.

2. Compute the down payment, amount financed, and the monthly mortgage payment (showing how to use the appropriate financial formula).

3. Compute the monthly amount of real estate taxes and add to the monthly mortgage payment to get the total monthly amount paid.

4. Suppose that in order to qualify for the loan, the total monthly amount paid cannot exceed 30 percent of monthly income. What is the minimum

monthly income needed to qualify for the loan? What is the minimum

annual income needed? (Note: This is a simplified minimum income

requirement calculation, for the purposes of this project, as it does not take

into account other costs such as insurance or other loans or assets currently

held.)

5. Construct an amortization table (using spreadsheet software or online resources such as http://www.bankrate.com).

6. Assume that the first payment is made in January of the current year. Find the month and year of the last payment. Find the date of the first month

when the amount applied to the principal exceeds the amount of interest

paid. How many of the 360 payments have been made at this point?

7. Assuming that the mortgage is held for the full 30 years, compute the total principal paid and the total interest paid.

8. Effectively communicate your analysis, interpretation, evaluation, and the results you found to be particularly interesting, and why.

Your report must include

• name of project and your name

• house’s description, asking price, and real estate taxes, the purchase price,

and the current market interest rate (include references)

• computations and answers for tasks 2, 3, and 4, amortization table for task

5, answers for task 6, and computations and answers for task 7

• conclusion (task 8)
Property Details Price: $649,000 Bedrooms: 2 Full Baths: 1 Half Baths: 1 20% down payment amount $129,800 Loan amount $519,200.00 Term 30 years Interest rate 4.5% Annual property taxes $12,430.00

When it comes to ethics and employers tracking their employees, I do think that it is ethical – to a certain level. Because I work within the insurance industry, I side with the employer and see the liability risk at hand. If employees are trustworthy and honest, which is what you hope all employees will be, then you should not have to track them. However, if they are disloyal and dishonest, tracking is acceptable. Because you cannot determine who is or is not these characteristics by how they look, because then you will have a lawsuit for discrimination, I can see the benefit of the company for tracking all employees. In my specific job, all of my job activities throughout the day can be tracked. This is how the company determines raises and bonuses. I am for them tracking because it allows me to better understand the areas in which I excel and still need work. Acceptable actions in which companies would take by tracking are to use them to better train their employees. They may use this information to let their employees know what areas of their job skills that they like and which they feel they can improve upon. Unacceptable actions in which a company could take is tracking the employees outside of the work place. For example, I think there is a limit on what the employer needs to know and see about their employees personal lives. Just like the company and the figureheads, they depend on privacy and I think the same respect should be given to the employee as well. According to Austermuehle, “Tracking employees’ locations and activity through GPS can have many benefits for a business, including: Fostering increased efficiency through streamlined travel for delivery or other mobile employees. Monitoring overtime and compliance with labor laws.

Ensuring compliance with safety regulations by confirming that employees are not speeding or otherwise violating traffic laws. Verifying that time records are accurate, company policies are followed and employees are engaging in safe behavior. Moreover, if an employee is suspected of wrongdoing, an employer can use GPS tracking as part of its internal investigation of the employee.” (pp. 2)

Austermuehle, Elizabeth. February 18,2016. Greensfelder. Monitoring your employees through GPS: What is legal, and what are best practices? Retrieved from: https://www.greensfelder.com/business-risk-management-blog/monitoring-your-employees-through-gps-what-is-legal-and-what-are-best-practices

Robbins, S. P. & Judge, T. A. (2017). Organizational behavior (17th ed.). Pearson Publishing

Econ 309-C01

Summer 2018

Assigned: 6/28/2018

Due: 7/2/2018

Homework 2

1. Near the beginning of the chapter, I gave some examples of bads. Do you

agree with them? If not, is one of us necessarily wrong? Discuss.

2. Suppose my preferences with regard to hamburger and pens are as shown.

Options Hamburgers (pounds/year) Pens/year Utility (utiles/year)

a. What is the value of a pound of hamburger to me (between points A and B )?

b. In choosing between bundles A and B, which do I prefer? Between C and D ?

c. About how much hamburger should be in E to make me indifferent between

it and D? Explain briefly.

3. Figure 3-16 shows your preferences between brandy and champagne. Which

(if any) of the bundles shown do you prefer to point A ? To which is A

preferred? Which are equivalent to A ? For which bundles can you not tell

whether they are equivalent, better, or worse than A ?

4. Answer the same questions for point B.

5. Figure 3-17 shows your indifference curves for cookies and bananas. You

have an income of $100, the price of cookies is $1, and the price of bananas is

$0.25. How many of each do you choose to consume?

In this assignment, you will begin evaluating your personal counseling philosophy.

In your journal, address the following:

Explain why the counseling field aligns with your personal philosophy.

Justify your choice to enter the counseling field. Use evidence from this week’s assigned reading to support your response.

Describe whether the ACA Code of Ethics shaped your personal choice to enter the field of counseling.

Assess personal characteristics that will be an asset to you in the counseling profession.

Identify an event from the timeline in the introduction to Topic Two, addressing how it aligns with or influences your personal philosophy.