The amount of profit made by Gareth upon the sale of the home is $26,700.
Computation:
Given,
= Principal Amount of $135,000
= interest rate of 2.20%
=number of years are 8 years
First, the value of the home at the end of the 8th year will be computed by using the formula of future value.
Now, the profit will be computed by taking the difference of the future value of the home and the purchase price or the principal amount of the home.
Therefore, at the time of sale of the home, the amount of profit gained by Gareth is $25,700.
To know more about future value, refer to the link:
brainly.com/question/1759639
When using credit, you are giving up spending in the future to spend money now. This trade off involves costs (interest). So borrowing money from your future to buy now, will cost you more in the long run that paying cash.
Answer:
A firm's ownership of vertically related activities
Explanation:
As we know that
There are two types of integration i.e horizontal and vertical
The horizontal integration is the integration in which two or more firms amalgamate dealing in the same type of business i.e their products and the level of production is same
While on the other hand the vertical integration is the integration in which the one firm acquired or purchased another firm dealing in different stages but the production level remains the same
Hence, the first option is correct
Answer: a. Issues
Explanation:
A Communication plan for a project allows for easier information flow between the stakeholders in the project including the client, the company and the workers.
By setting standards on how and what should be communicated the plan will let the stakeholders know how to communicate any issues affecting the project. The plan will also let the stakeholders know how to track issues that will be reported.
