This is often referred to as the clinical approach. The clinical approach is also known as the threshold approach to clinical decision making. This approach combines rational and quantitative information with a general approach to decision making. In this situation, say you were hiring a new employee, a person using the clinical approach would look at their resume in how they match up with numbers and on paper to the candidate their looking for but also who they are as a person in a general sense.
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Answer:
$4,265.55
Explanation:
Future value = $120,000
Interest rate (i) = 5%
Annual deposit = ?
Time period (n) = 18 year
Since deposit are to be made at the beginning of each year, hence the relevant factor table to be used is future value annuity due factor table.
Future value = Annual deposit x future value annuity due factor (i%, n)
120,000 = Annual deposit x FVADF (5%, 18period)
120,000 = Annual deposit x 28.13238
Annual deposit = 120,000/28.13238
=$4,265.547
=$4,265.55
Question Completion with Options:
A) The man is not entitled to a refund, however, he may request that the $200 be applied to his down payment.
B) He is entitled to a refund of $200 if requested in writing within 30 days of the contract date.
C) He is entitled to a refund of $100 if requested within 45 days of the contract date.
D) He is entitled to a refund of $150 if requested within 30 days of the contract date.
Answer:
The statement that applies to this situation is:
B) He is entitled to a refund of $200 if requested in writing within 30 days of the contract date.
Explanation:
The Florida real estate laws provide that any real estate company that furnishes rental information to a prospective tenant for a fee must provide the prospective tenant with a receipt. The receipt should contain the repayment provision, which can be made under specified conditions. However, the young man is expected to make his demand for a return of any part of the fee within 30 days from the date of the broker/sale contract.
