When surplus <span>funds are set aside (idling the excess) and the government does not spend the money nor apply it to past debt, this action does not cause expansion or contraction.
That statement is true. Expansion or contraction happens when the amount of Government budget is accumulated or decreased as the result of last year's operations</span>
A contract for deed is an agreement for buying property without going to a mortgage lender. The buyer agrees to pay the seller monthly payments, and the deed is turned over to the buyer when all payments have been made
<h3>What is
mortgage?</h3>
A mortgage is a type of loan, but mortgages are not all loans. Mortgages are loans that are "secured." A secured loan requires the borrower to pledge collateral to the lender in the event that they fail to make payments. The collateral in the case of a mortgage is the home.
Mortgages are further classified as 1) conventional mortgages and 2) non-conventional mortgages. 2) Jumbo home loans Mortgages backed by the government 4) Mortgages with fixed rates 5) Mortgages with adjustable rates. There are additional loan types based on these. Mortgages in our country are classified as follows: A straightforward mortgage.
The buyer pays the seller for the property with mortgage funds, and the buyer repays any money borrowed, plus interest and fees, over a set period of time (e.g., 5, 10, 15, 20 or 25 years).
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Answer:
How much depreciation expense will be recorded for the van during the first year ended December 31?
$6900
Explanation:
60000 Cost
6 Years
4800 Salvage
60000 4800 55200 6900 Year 1 6 months
13800 Year 2 1 year
13800 Year 3 1 year
13800 Year 4 1 year
6900 Year 5 6 months
Answer:
Utility theory is the study of the entire value or comparative attraction of a specific result that imitates the decision maker's attitude to an assortment of influences such as profit, loss and risk.
Consequently it is not only the economic wellness as diverse aspects add diverse utilities for unlike individuals.
Thus a) Total worth is the right answer, as we try to exploit the entire utility for that individual here and each individual has a diverse utility purpose that is each individual values it inversely.