Answer:
8%
Explanation:
To find the answer, you have to use the formula to calculate the rate of interest:
r=(FV/PV)^1/n-1, where
r= rate of interest
FV= future value=$93,228
PV= present value=$68,500
n= number of periods of time=4 years
Now, you can replace the values in the formula:
r=(93,228/68,500)^1/4-1
r=1.08-1
r=0.08→8%
According to this, the APR is 8%.
Answer:
4) The broker is either a Buyer's Agent or a Transaction Broker or a Seller's Agent
Explanation:
I guess that by common sense the buyer should know beforehand if the broker worked for him or not, but it is possible that the buyer doesn't know if the broker is a transaction broker or a seller's agent.
Anyway, it is always best to be completely sure, specially because the broker earns a commission fee and depending on who he/she works for, will be responsible for paying that fee. Also, a seller's agent should always try to get the highest possible price, while the buyer's agent should always try to get the lowest possible price.
Organizing findings when preparing a business report will help you make faster and more efficient decisions, increasing the quality of organizational processes.
<h3 /><h3>What is a business report?</h3>
Corresponds to a document where data and information about an organizational period are provided, which will increase the understanding of the real situation of a company in a period, assisting in decision making in a more visionary and comprehensive way, helping to create strategies in relation to the micro and macro environment.
Therefore, business reporting must be organized and structured to assist in the effective management of an organization.
Find out more about business report here:
brainly.com/question/11599232
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Answer:
Permanent Life Insurance Policy
Explanation:
Permanent Life Insurance Policy is a flexible insurance policy that allows policy holders to borrow from their insurance policy (policy loan). Furthermore, withdrawal up to the total premium amount paid into the policy is allowed.
Answer:
The goodwill that resulted from the transaction is $1.3 million, the excess paid by Backstreets Co. over the net assets of Jungleland Inc. acquired
Explanation:
Goodwill is the excess of purchase consideration over net assets acquired in a business combination.
The total net assets acquired can be deduced as total assets less total liabilities:
Land $2m
Buildings $3.7m
Inventory <u>$2.5m</u>
total assets 8.2m
Liabilities ($1.8m)
Net Assets $6.4 m
Purchase price $7.7 m
Goodwill is $1.3m ($7.7m -$6.4m)
The goodwill is the advantage that the owners business have over the new owners being the pioneers that set the business on the right path
