Answer:
The statement is: True.
Explanation:
If we have been given an assignment, it is important to set a schedule of activities to ensure that the final form of our work is delivered on or before the <em>due date</em>, if possible. In the way, there could be problems of various types -for example, technology when delivering a report- that could interrupt our work. Therefore, it is important to consider those risks while scheduling so that we have a contingency plan that will not impact our research and the date we will deliver it.
The basis of Tobin's land was stepped up or down to the fair market value, and that value was $3,00,000.
<h3>What is inherited property?</h3>
When a death happens in a year, the ground of the property is travelled up or downbound to the fair market value on the day of death if there is an inheritance case.
The process of property to a successor or heirs upon the death of the owner, often known as succession. The term “inheritance” besides refers to the property.
Tobin has inherited a property from his father, that died in the present year, and the sightly market value on the date of death, according to the federal estate tax return, is $3,00,000. Tobin's basis in land is $3,00,000.
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<span>Tina's mother and father pay her car insurance as long as she makes good grades. This is an example of which economic concept? Positive incentive. A positive incentive is a value that is given during the performance of a regular behavior. As long as Tina does what she is supposed to her parent's will continue to pay her car insurance. There is a reward for her doing what she </span>should be doing on her own which is motivating her to continue to do it.
Answer:
Explanation:
Effective interest rate = [(Interest value of loan / Amount of loan after payment of interest) * (Number of months annually / Number of months notes hold)] * 100
= [($5,830 / $100,170) * (12 / 6)] * 100
= 0.1164 * 100
= 11.64%
1.
Computation the interest value of loan is:
Interest value of loan = Amount of loan * 8 / 12 * Percentage of discount
= ($106,000 * 6/ 12 )* 0.11
= $5,830
2.
Amount of loan after payment of interest = Amount of loan - Interest value of loan
= $106,000 - $5,830
= $100,170
Based on the information given the dollar amount of the discount points is $3,600.
<h3>Discount:</h3>
First step is to calculate the down payment
Down payment=$200,000-($200,000×10%)
Down payment=$200,000-$20,000
Down payment=$180,000
Second step is to calculate the discount points
Discount point=Down payment× Discount points
Discount point=$180,000×2%
Discount point=$3,600
Inconclusion the dollar amount of the discount points is $3,600.
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