If someone buys a home for $200,000 and makes a 20 percent down payment, that person will have to pay $40,000 up front.
<h3>What is Down payment?</h3>
- An advance, partial payment known as a down payment is made when buying expensive products or services like a home or a car.
- Typically, it is paid in cash or an equivalent at the time the transaction is completed. The remaining payment must then be financed through a loan of some kind.
- A greater down payment typically indicates that you are a less risky borrower, and a lower interest rate reflects a less hazardous borrower.
- A lower interest rate will enable you to pay less interest overall and save you money on your monthly payment.
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Answer:
Total Amount of Cash Dividend = $39,525
Explanation:
We have the following details,
Issued shares are the number of shares issued by the company, it includes treasury stock that is shares purchased back by the company.
Outstanding shares = Issued shares - Treasury stock
Treasury stock does not have any right of dividend, as the shares are held by company itself, it will not pay dividend to itself.
Thus dividend to be paid = 25,500
$1.55 per share = $39,525
Authorized shares just represent the number of maximum shares a company can issue.
Total Amount of Cash Dividend = $39,525
Answer:
The value of the bond is 1,003.8771 after subtracting the accrued interest to the market value of the bond.
Explanation:
From the amount provide by the Wall Street Journal there are two component, the bonds value and the interest accrued over time.
we should calcualte the interst and subtract to get the bond value:
principal x rate x time = interest
rate and time should match, so the 5% rate should be convert into a 2.5% rate and we express time as portion of 182 days:
1,000 x 0.025 x (22-7)/182 = 2,060439 = 2.060439 interest
1,005.9375 - 2.0604 = <em>1,003.8771</em>
The application, tracking and review of a company's marketing<span> resources and activities. ... Effective </span>marketing management<span> will use a company's resources to increase its customer base, improve customer opinions of the company's products and services, and increase the company's perceived value.</span>
Answer:
A.)
Explanation:
two or more connected computers