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skad [1K]
3 years ago
8

Sometimes, lenders allow or require a downpayment before they extend you the loan. What would be the advantage to the lender? Wh

at would be the advantage to the borrower?
Business
1 answer:
Blababa [14]3 years ago
7 0
So they could try to get there money back
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Xavier and alex plan on retiring 27 years from today. at that time, they plan to have saved the same amount. javier is depositin
hammer [34]

The amount by which Alex's deposit amount vary from Javier's if Alex also makes a deposit today, but earns an annual interest rate of 6.2 percent is $3381.39.

<h3>How to calculate the value?</h3>

We use the formula:

A=P(1+r/100)^n

where

  • A=future value
  • P=present value
  • r=rate of interest
  • n=time period.

Hence future value Javier will be:

=$15000*(1.052)^27

=$58,954.40

For Alex:

58,954.40=P*(1.062)^27

P=58,954.40/(1.062)^27

=$11618.61

Hence difference will be:

=15000 - 11618.61

= $3381.39

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3 0
2 years ago
heywood yapinchme works in the it department at pain, inc. after finding out that the company is planning to purchase four more
mash [69]

Then, using his brother's name and dealing with seller records, he resold the computer systems to ache for $2, three hundred. this form of scheme is called a(n):d) Turnaround sale

A vendor, also known as a dealer, is an individual or business enterprise that sells goods or services to someone else within the economic manufacturing chain.

A business enterprise or a man or woman who sells a terrific or a carrier is a supplier. companies may promote to different companies, or they may be outlets that promote immediately to purchasers. An instance of a seller is a company that gives the stock to boutique apparel shops. Key takeaways. A vendor is a person or business that purchases goods and services from distributors and resells those gadgets to purchasers or different businesses. The 5 varieties of vendors are manufacturers, wholesalers, outlets, carrier and preservation vendors, impartial carriers, and alternate display representatives.

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6 0
1 year ago
Analyzing and Reporting Financial Statement Effects of Transactions M.E. Carter launched Carter Company, a professional services
Aleonysh [2.5K]

Answer:

$18,000

Explanation:

To find the Sales Revenue we simply add the $12,000 cash received immediately, and the $30,000 received as partial payment, totalling $42,000.

Then, we simply complete the proposed income statement:

Income Statement for the Month Ended in March 31

Sales Revenue               $42,000

Rent Expense                  $9,600

Wage Expense                $14,400

Net Income                      $18,000

Net Income is equal to Revenue - expenses.

7 0
3 years ago
What skills do you need be a marketing manager? As a marketing manager, you need to have (blank) skills and (blank) skills.
Aleksandr [31]

Answer:

Leadership skills

Technical skills

Organizational skills

Communication skills

Creative skills

Explanation:

8 0
3 years ago
While working in a group, two of the members are not getting along. You bring the two members together so they can discuss this
Finger [1]

The statement " agree to share the research and work together on creating the presentation. " is the "Develop an agreement" step of conflict resolution.

This is further explained below.

<h3>What is conflict resolution?</h3>

Generally, The process of finding a mutually agreeable and peaceful conclusion to a problem involving two or more people is referred to as conflict resolution.

There might be a variety of reasons for the dispute, including personal, economical, political, or emotional factors.

When a disagreement emerges, the most effective strategy for resolving the conflict is often to engage in some kind of negotiation.

The tactics and procedures that are engaged in ensuring the peaceful termination of conflict and punishment are referred to collectively as "conflict resolution."

In conclusion, The steps of conflict resolution are

  • Determine where the issue is coming from.
  • What precisely is the problem at hand?
  • Consider the situation from a broader perspective and look for additional obstacles.
  • Create a shared vision for the future.
  • Investigate the many means through which their objective might be attained.
  • Develop an agreement.

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4 0
1 year ago
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