5. B) $379.50
Based on the table because he is a 50 year old male, the cost per thousand is $7.59. Multiply this by 50 because he wants $50,000 worth of coverage
6. B) $94,165
The cost to secure the loan in the down payment and all other fees. The down payment is 30%* $310,000= $93,000
Add all the fees together $1165 plus the down payment = $94,165
When you receive a loan, the money the lender gives you is called the LINE OF CREDIT. Answer B.
Answer:
The correct answer is C.
Explanation:
Giving the following information:
The down payment of $5,000 and financed the balance. According to the purchase agreement, you must pay $600/month for four years, beginning one month from today. The credit agreement is based on an annual interest rate of 12%.
First, we need to calculate the final value of the monthly payment.
FV= {A*[(1+i)^n-1]}/i
A= annual deposit= 600
i= 0.12/12= 0.01
n= 12*4= 48
FV= {600*[(1.01^48)-1]}/0.01= 36,733.56
Now, we calculate the present value:
PV= FV/ (1+i)^n= 36,733.56/ (1.01^48)= 22,784
Total cost= 22,784 + 5,000= $27,784
Option C
Total change in real GDP due to an autonomous change in aggregate spending AND the size of the autonomous change in aggregate spending is the ratio between multiplier
<h3><u>
Explanation:</u></h3>
The expenditures multiplier estimates the variation in aggregate production triggered by variations in an item of autonomous expenditure. The expenditures multiplier is the ratio of the difference in aggregate composition to an autonomous transformation in an aggregate expenditure when using is the unique provoked expenditure.
This multiplier is as manageable as it gets while taking the fundamentals of the multiplier. Autonomous investment triggers the multiplier method and induced consumption affords the cumulatively strengthening communication among the destruction, aggregate production, factor payments, and income.
True, Shareholders exercise ownership control through the power of their votes.
<h3>What is Shareholder Ownership ?</h3>
Common shareholders are part of the owners of a corporation, they have bought some shares or stocks of the corporation either through public offerings or the the Stock markets.
As part of the owners of a corporation, common stock holders have certain rights except otherwise stated in the agreement.
- The right to vote during the general meeting to decide how the leadership of the corporation will be.
- The right to share in the profits of the corporation.
- Common shareholders are notified before issuance of new stock.
- They have some degree of control over the management selection process etc.
A corporation is owned by it's shareholders as a group. Each shareholder holds a proportion of the share capital of a corporate and has voting rights in proportion of his shareholdings.
Therefore , we can conclude that the statement is TRUE.
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