Answer:
$153.01
Explanation:
For computing the monthly payment we need to apply the PMT formula i.e to be shown in the attachment
Given that,
Present value = $8,100
Future value or Face value = $0
RATE = 60 months = 5 years × 12 months
NPER = 5.04% ÷ 12 months = 0.42%
The formula is shown below:
= PMT(RATE;NPER;-PV;FV;type)
The present value come in negative
So, after applying the above formula, the monthly payment is $153.01
Answer:
In general, beneficiaries are responsible for paying the following for a Medicare Prescription Drug Plan:
Monthly premiums
Annual deductible
Copayments or coinsurance
A small copayment for the rest of the calendar year after they reach a certain out-of-pocket amount
Explanation:
Is this a theory type of question?
If it is and if it took place under president Calvin Coolidge then taxes likely would have gone up.
If you are talking about now, then investment might go up but in order to pay for it, the government will just print more money, so that taxes shouldn't go up.
I'd pick C.
Answer:
Stated interest rate
Explanation:
The stated interest rate is the rate of interest in which the value of the cash interest that has to paid on each date of interest
The value of the cash interest paid could be determined by applying the following formula
= Face value of the securities × Stated interest rate
Therefore as per the given situation, the stated interest rate is the answer and the same is to be considered
Answer:
(b.) Isabel will have a judgment entered in her favor
Explanation:
Under the Rules of the court Josh's action is referred to as Default of Appearance. Isabel is the Complainant while Josh is the Defendant.
It is the law that where a Defendant fails to appear before the court where there is a proof of service of the summons on him or her, Complainant may apply to the Judge for a judgement in respect of the claim on the summons to be entered in his or her favor against the Defendant.
Therefore, in the instance case at hand, Isabel will have a judgment entered in her favor for failure of Josh to appear before the court.
Option (a) is not the answer because Isabel does not need to file an amended complaint because Isabel did not ask the court for any amendment of her complaint. Isabel can only file an amended complaint if she intends to change her complaint against Josh.
Option (c) is not also the answer because Josh chooses to ignore the summons served on him. If for instance Josh did not get the summons served on him or the judge is of the opinion that Josh was not properly served, then the court can order that Josh must be served with a second summons.
Option (d) is also not the answer because Josh cannot have a judgment entered in his favor because he is the person who defaulted appearance before the court. A party who is in default of appearance cannot have judgment entered in his favor.
