Answer:
$343,995.87
Explanation:
The computation is shown below;
But before that we need to determine the present value
Given that
PMT = $925
I = 5.35% ÷ 12 = 0.4458333%
FV = 0
N = 360
The formula is given below:
= -PV(RATE;NPER;PMT;FV;TYPE)
SO, the PV is $165,647.87
Now The amount of principal still pending is
= $235,000 - $165,647.87
= $69,352.13
Now the balloon payment is
= $69,352.13 × (1 + (5.35% ÷ 12))^360
= $343,995.87
<span>Marvin, the CEO of his company had taken decisions in the past which did not help in the growth of the company, when compared to other companies in the market.
After 10 years, they have received a non-temporary and highly paid contract. It is advisable for Marvin to choose the requirements of the client in order to build up the company with a high winning ratio.
Marvin should bid on the project so that it will improve the financial rate of the company and also help in employing many people. It might also help in getting new projects in the long run.
The main factors that should be considered by the company are the estimated cost, materials, and manpower.
</span>
Answer:
Explanation:
Advertising is the lure that draws new customers to your business or product. Small businesses utilize several options to advertise a product or service. ... that receive heavy traffic is one way to get the word out about your business. ... venue with a stamp that bears your company logo; the attendees will then have your logo ...
Answer:
the effective annual rate for Freda is 12.70%
Explanation:
<u>Freda investment</u>
500 shares x $ 35 each x 70% margin = 12,250
<u>Financing taken:</u>
500 shares x $ 35 each x 30% = 5,250
<u>Payment of the loan:</u>
principal x (1 + rate x time)
5,520 x ( 1 + (0.0475 + 0.02) x 8/12) = 5,483.67
<u>Holding return:</u>
(500 shares x 37.5 - 5,483.67)/12,250 - 1 = 0.0830
Then we calcualte the annual equivalent rate to the holding return:
effective rate = 12.70 percent
Answer:
The given statement is True. Online Aggregators are more comprehensive than the home listing service that real estate agents use.
Explanation:
Online aggregators are the programs or sites in the digital space which collects related items of content and link them and show them through their sites or programs.
Online aggregators puts the most relevant information that people are looking for. They link different aspects with each other to help people take decisions, like in this question, regarding the real estate.
Real Estate agents don't tell certain information to the client due to some laws or some insecurities of loosing the clients, but online aggregators make each and everything clear and even finds links between the choices of homes and display them on their sites. For example, an online aggregator may list the houses that are near to schools, hospitals, community service centers and also put the ranking of those schools and other services in that area, they tell the crime rate in that area, security, etc. But all such things are usually kept hidden by the real estate agents due to some overly restricted codes in their agreement of the licence from the government.