Answer: B) Keep bidding until all other bidders quit, regardless of your reservation price.
Explanation: Familiar to English auctions, the bidders are aware of the prices of items on sale and the numbers of other bidders. This price is known as the reserve or reservation price which is the limit on the price of the item on sale set by the seller (that is the lowest price the seller is willing to sell the item). The bids start at a low price and keeps coming in until there are no more bids irregardless of the reservation price set. It probably depends on how much you value the item on sale and are willing to pay for it. Not necessarily on the reservation price.
Answer:
Option C.
Explanation:
From the options given above, the correct way a renter can reduce their rent it to get a roommate or roommate. Getting just one roommate can help to reduce your basic living expenses by 30%.
This is achievable because various costs like rent, utilities, and even groceries can be shared among the roommates.
The only downside to this method is the lack of privacy that comes with having roommates. But in general, having roommates is a sure way for renters to spend less, or live in a nicer location.
Answer:
$20,441.67
Explanation:
the present value of your house is $200,000, its future value = $200,000 x (1 + 5%)¹⁰ = $325,778.93
you can earn a 10% annual interest rate for 10 years, that means that we can use a future value of an annuity factor = 15.937
your annual investment = future value of the house / annuity factor = $325,778.93 / 15.937 = $20,441.67
Answer:
Explanation:
FV $200,000.00
time 5 years
rate 0.1% = 10/100 = 0.10
C $ 32,759.496
The installment will generate 10% interest overtime and provide with a 200,000 dollar count after six years
Answer: This loan would would have priority over the other unsecured claims in this bankruptcy case.
Explanation:
Since the trucks are secured collateral the loan is a secure loan. It will be the priority in the bankruptcy case since the other claims were unsecured. The law firm would have a right to the trucks since he owed them 20,000$ and put them up as collateral.
Everything that was an unsecured loan does not have anything to take from and will be a loss for the other companies who filed against Henry Anderson.
