_____ are one- or two-floor lodging establishments in which the rooms are usually accessible from an outdoor parking area.

Business

2 answers:

Feliz [49]4 years ago

6 0

Answer:

hotels

Explanation:

Stella [2.4K]4 years ago

3 0

The definition above is that of MOTELS. Motels are hotels which are typically designed for motorists and which usually have parking lots for vehicles. They are designed in such a way that the rooms open directly to the parking area. Motels became popular around 1920s when highway system allowed people to engage in long distance travelling by roads.

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nirvana33 [79]

Answer:

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4 years ago

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Answer:

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3 years ago

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Musya8 [376]

Answer:

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Explanation:

Hi, first we have to bring to present value the monthly payments to be made for 30 years (360 months). In order for this to be useful, we have to convert this annua compounded monthly rate (6.25%) to an effective rate, that is 6.25% / 12 = 0.5208%. Now, when we find this present value, we are going to substract it from the price of the house and that is the value of the down payment. But let´s just go ahead and do it together.

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$PresentValue=\frac{A((1+r)^{n}-1) }{r(1+r)^{n} }$