The answer is D the answer depends on the interest rate which is not mentioned so there is not enough info
The where’s the picture !!
28875
Explanation:
Rosa borrowed $26400 for remodeling of her kitchen on home equity loan.
Promissory note bearing interest of 12 and 1/2% or 12.5% or 0.125.
Total amount Roma has to pay in the due which means the end of <em>18 months.</em>
- 1st Principal amount is $26400 = P
- 2nd Rate of interest is 12 and 1/5 %. = R
- 3rd Time days/month/week taken to pay the total amount. =T
- P= $26400 , R = 12.5 % and time is 18 months
<u>Adjustments:-</u>
- R = .125 T = 18/24 (calculated on a monthly basis, 1 year has 12 months)
- PRT = Interest on a due date
- I = 26400 * .125 * 0.75 = 2475
- 2475 interest charged for 18 months
- Total amount Roma has to pay in the due date ?
97.5
$780,000 ÷ $8,000 = 97.5 GRM
GRM means the Grievance Redress Mechanism prepared as could also be agreed between the Parties for the aim of resolving gross rent social issues or grievances arising out of or in reference to the Project Framework Documents.
In order to work out the gross rent multiplier, you'd divide the value of the property by its gross income. As an example, if a property is selling for $5,000,000 and it produces a Gross income of $820,000, the GRM would be $5,000,000 divided by $820,000 which ends during a value of 6.09.
Global Response Management (GRM) may be a veteran-led international medical NGO registered within the u. s. as a 501(c)(3) organization. A "good" GRM depends heavily on the kind of rental market within which your property exists.
A percent defined because the monthly expected rent for a property divided by terms of the property. The lower the rent to value ratio, the higher an investment. A perfect rent to value ratio is 0.7%, and 1% or higher is great.
learn more about gross rent: brainly.com/question/14421244
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