Answer:
$25,000
Explanation:
Assuming it is to be perpetuity. Amount to be saved = P/I
Amount to be saved = Annual interest amount / Annual interest rate
Amount to be saved = $2,000/8%
Amount to be saved = $2,000/0.08
Amount to be saved = $25,000
So, the worker should save $25,000 before retirement if he wishes to draw interest of $2,000 per year.
Answer:
$24,000
Explanation:
The computation of the adjusted basis in the land after the exchange is shown below:
= Adjusted basis at the time of exchange + additional amount given
= $20,000 + $4,000
= $24,000
We simply added the Adjusted basis at the time of exchange and the additional amount so that the accurate value can come.
And the other information which is given in the question is not relevant. Hence, ignored it
Answer: percentage lease
Explanation: A lease percentage is a form of lease in which the occupant pays a base rent plus a percentage of any income earned while doing trade on the rented premises.
It's a phrase used in commercial property. A percentage lease agreement typically reduces the lessee base rate and provides additional growth potential to the mortgagee.
The lessee would consider this agreement appealing as it reduces this fixed cost, which usually represents a large proportion of operating expenses, and the lessor gains some potential for growth beyond what a regular lease might deliver .
Answer:
Organizations and managers should pay close attention to fair employment practice so as to reduce the level of incompetent staffs at work.
Explanation: