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stealth61 [152]
1 year ago
11

a building rents for $32 per square foot with an index of 1.6. the index increases to 1.9. what is the adjusted rental rate?

Business
1 answer:
soldi70 [24.7K]1 year ago
5 0

The adjusted rental rate is $41.60.

<h3>What is the adjusted rental rate?</h3>

Price index measure the relative change in prices relative to a base year. Changes in indexes give a measure of inflation in the economy. The rental rate would be adjusted for inflation.

Inflation is when the general price level in an economy increases. Inflation can be as a result of an increase in the demand for goods and services or an increase in the cost of production.

The adjusted rental rate can be determined by first calculating the inflation rate and then increasing the rent for the calculated inflation rate.

Inflation rate = 1.9 - 1.6 = 0.3 = 30%

The adjusted rental rate = (1.3) X $32 = $41.60

To learn more about indexes, please check: brainly.com/question/26382640

#SPJ1

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Answer:

The correct answer is 777.169.56.

Explanation:

According to the scenario, the given data are as follows:

Payment per year (PMT) = $3,000

Time (N) = 40 years

Rate of interest (R)= 8%

So, the future value of the following can be calculated by using the following formula:

Future value = PMT × \frac{((1+r)^{n} -1)}{R}

Now, put the value of the following in the formula. then,

= 3,000 × \frac{((1+8/100)^{40} -1)}{8/100}

= 3,000 × 259.0565

= 777,169.56

Hence, the value in the account after 40 years will be 777,169.56.

6 0
3 years ago
Bill Builder entered into a contract with Carl's Carpets to supply him with the carpeting he needed to complete the renovation o
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Answer:

consequential damages

Explanation:

According to my research on different types of law suits, I can say that based on the information provided within the question Bill can recover the 900 he lost from Carl as consequential damages. These are damages have happened because of one party's failure to meet a certain deadline or contractual obligation and can be proven in court. Therefore since Bill can prove that he lost the 900 because of Carl's negligence he will most likely win that case.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0
3 years ago
What you give up to obtain an item is called your
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because an opportunity cost is for example you have to pick from a xbox one or a ps4. You saw that the ps4 was more scarce for you but you had to give up the xbox one to obtain the ps4. Nothing is free in life!!! You sacrificed the xbox one for the ps4
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<em>Exclusion upto  $103,900. Taxable amount is $6100.</em>

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Alongside the <em>common assessment</em> form for money, numerous individuals are likewise required to present an arrival revealing resources which are held in ledgers in remote nations. Notwithstanding where you live, you should record <em>expat imposes in the US.</em>

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5 0
1 year ago
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