I don't think that is a wise decision
Holiday club are designed to the one who wanted to spent big bucks on specific holidays (for example : Christmas) since the value will fall after the holidays
It's not really suitable for someone who wanted to put it aside for emergencies, hope this helps
payback period is the length of time a firm must wait so as to recover the money it has invested in a project.
Payback period is the length of time it takes a company to recover the money spent on a project.
The payback period can also defined as the period taken for an investor to reach break even. That is it is the period taken for the revenue to equal to the cost of executing a project.
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Answer:
8.4
Explanation:
nominal return - price return + dividend yield
price return = 46.45 /45 - 1 = 3.2%
dividend yield = 2.34 / 45 = 5.2%
Pathos. The author is trying to connect and persuade the audience through an emotional truth and reality.
Answer: $0.29 per mile
Explanation:
Truck is to be driven for 100,000 miles.
It has a cost of $34,000 and a salvage value of $5,000.
Useful life is 8 years.
Depreciable cost per mile under units-of-activity method = (Cost price - Salvage value) / Miles to be driven
= (34,000 - 5,000) / 100,000
= $0.29 per mile
