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ehidna [41]
2 years ago
15

Daniel is due to receive the balance of his trust fund in 5​ years; as a result he has taken out​ a(n) ________ mortgage where h

e has made small payments for several years and will pay off the balance in one large payment with his trust funds.
Business
1 answer:
disa [49]2 years ago
6 0

Answer: Balloon payment mortgage

                         

Explanation: In simple words, balloon payment mortgage refers to the form of mortgage in which the borrower has to pay small amount of money over a particular item and at the time of maturity he has to pay a lump sum amount that is called the balloon payment of that mortgage.

These types of mortgages are usually used by business organisation who are expecting high profits on a project after a certain period of time. Thus, the correct answer is balloon payment mortgage.

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An employee observes an outside individual putting some computer disks in her purse. the employee does not report this security
nikklg [1K]
They should've put in <span>security incident procedures.</span>
8 0
3 years ago
g An equity issue sold to the firm's existing stockholders is called a Group of answer choices private placement Rights offer ge
SVEN [57.7K]

Answer:

rights offer.

Explanation:

.

rights offer in equity can be regarded as invitation given to shareholders that are still existing in the firm so that they can purchase new shares, which is additional shares in the firm at a specific price which is usually at a particular time usually like 16 to 30 days. It should be noted that An equity issue sold to the firm's existing stockholders is called a rights offer

3 0
3 years ago
Sales at a fast-food restaurant average $6,000 per day. The restaurant decided to introduce an advertising campaign to increase
kipiarov [429]

Answer:

Yes

Explanation:

The 0.01 percent of the deviation plus the 0.01 percent of the sales average is not enough to get to the $6,300 daily, which means that the factor of the increase sales is the advertising campaign.

4 0
3 years ago
Assume you are in the 35 percent tax bracket and purchase a municipal bond with a yield of 5.50 percent. Use the formula present
Debora [2.8K]

Answer:

8.46%

Explanation:

Calculation for the the taxable equivalent yield for this investment

Using this formula

Taxable equivalent yield

=Tax-exempt yield / (1 − Your tax rate)

Let plug in the formula

Taxable equivalent yield=0.055 / (1 - 0.35)

Taxable equivalent yield=0.055/0.65

Taxable equivalent yield=0.0846*100

Taxable equivalent yield= 8.46%

Therefore the taxable equivalent yield for this investment is 8.46%

4 0
3 years ago
If jack was in a 25% tax bracket and received a $1,000 tax deduction, by how much would his taxes be reduced?
Lubov Fominskaja [6]

<span>The answer is that the taxes would be reduced by the following procedure;</span>

(Tax deduction) * (Tax rate) = Your Answer

Applying this formula;

<span>$1000 x 25% </span>  = (?)

<span>$1000 x 25/100 = $<span>250  

</span></span> <span>So the answer is that his taxes would be reduced by “$250”.</span> <span><span> 

Hope that is helpful :)</span></span>
7 0
2 years ago
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