Annual Compound Formula is:
A = P( 1 + r/n) ^nt
Where:
A is the future value of the investment
P is the principal investment
r is the annual interest rate
<span>n is the number of
interest compounded per year</span>
t is the number of years the money is invested
So for the given problem:
P = $10,000
r = 0.0396
n = 2 since it is semi-annual
t = 2 years
Solution:
A = P( 1 + r/n) ^nt
A = $10,000 ( 1 + 0.0396/2) ^ (2)(2)
A = $10000 (1.00815834432633616)
A = $10,815.83 is the amount after two years
Answer:
Before the listing agreement is signed.
Explanation:
A listing agreement is a contract between a property owner and a real estate broker asking the real estate broker to get a buyer for his or her property. The property owner implements the listing agreement so as to empower the real estate broker to act in the capacity of the agent to the owner in the course of trying to sell the property. Generally certain commission is paid to the real estate broker by the property owner.
The goal was to help rejuvenate Europes among with other countries economic, political, and social status and to build them back up after WWII, not only that but it was more of. Humanitarian deed, to help those in need and to help them rebuild their lives.
