Answer:
the amount after three months is $25,994
Explanation:
The computation of the amount after three months is as follows:
As we know that
A = P × (1 + rate of interest ÷ number of compounding period)^number of compounding period × time period
Where,
A = Accrued amount
P = Principal = $25,000
r = 15.60%
t = 3 ÷ 12 = 0.25
So,
A = $25,000 × (1 + 0.156 ÷ 365)^365 × 0.25
= $25,994
Hence, the amount after three months is $25,994
Answer:
d. $216,200 to Land; $0 to Building.
Explanation:
<u>Calculation of Cost of the land </u>
Purchase price $191,000
Real estate commissions $16,600
Legal fees $2,400
Expenses of clearing the land $3,600
Expenses to remove old building <u>$2,600</u>
Cost of the land <u>$216,200</u>
<u></u>
<u>Calculation of Cost of Building</u>
0.
Answer:
For each hour of work 2.81 loaves are produced.
Explanation:
current production: 1,800 per month
utility cost 800
ingredient cost: 0.40
productivity per labor hour: output / labor hours
It is the total goods produced over a base.
In this case, labor hour.
1,800/640 = 2.8125
For each hour of work 2.81 loaves are produced.
Its an asset of the household or business.
The cause of this lack of incentive to engage in economic activity is <u>the lack of legalized </u><u>property right</u><u>s</u>.
<h3>What are property rights?</h3>
Property rights establish the resources ownership and control. Generally, legalizing property rights recognize the the rights of:
- Possession
- Control
- Exclusion
- To derive income
- Disposition.
Thus, having official records indicating agricultural property rights will encourage Europeans to engage in economic and agricultural activities.
Learn more about legalizing property rights at brainly.com/question/913138
