Project management is no longer considered a special-need management tool; thus, learning project management skills is personally useful because The skills and tools can be easily transferable.
<h3>What type of skills are transferable?</h3>
Transferable skills are known to be called portable skills
These are known to be skills that a person often take with them from one job to another. An example is a person's ability to clearly talk about ideas to others, solve unexpected issues, etc.
Therefore, Project management is no longer considered a special-need management tool; thus, learning project management skills is personally useful because The skills and tools can be easily transferable.
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Answer:
prepayment penalty, maintain, insurance, mortgage
Explanation:
Prepayment penalty clause relates to the situation that the borrower shall not prepay the borrowed amount as to the creditor it will be loss in the form of interest, thus, it do not want that the borrower shall collect from any other source.
The property should not loose its value, or the value shall not be degraded as that will result in loss, as when the borrower fails to repay the loan, creditor has the right to sell it, if it will not be maintained the value will degrade.
Insurance is required so that same as in above mentioned point that the value is not lost, and then the value of loan is fully recoverable.
If the value of loan exceeds 80% of value of property there shall be mortgage as the lender ensures his payment and no failure shall be there.
Answer:
Depreciation expense = $4,400
Accumulated depreciation = $13,200
Explanation:
Depreciation: The depreciation is the amount which decreases the value of the asset. It can be by obsolescence, usage, tear and wear, etc.
The annual depreciation is given i.e. $4,400 which will be charged in depreciation expense whereas the accumulated depreciation would be equal to
= Annual Depreciation × useful life
= $4,400 × 3
= $13,200
Answer:
NPV = $-41,928.18
Explanation:
Net present value is the present value of after tax cash flows from an investment less the amount invested.
NPV can be calculated using a financial calculator:
Cash flow in year 0 = $-300,000
Cash flow each year from year 1 to 10 = $42,000
I = 10%
NPV = $-41,928.18
To find the NPV using a financial calacutor:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
I hope my answer helps you
