Answer:
Ans. your monthly payment, for 30 years is $9,257.51 if you buy a property worth $1,000,000 and you make a down payment of $100,000
Explanation:
Hi, first we have to change the fixed rate in terms of an effective monthly rate, which is 1% effective monthly (12% nominal interest/12 =1% effective monthly). After that, take into account that the property is going to be paid in 30 years, but since the payments are going to be made in a montlhly basis, we have to turn years into months (30 years * 12 = 360 months).
After all that is done, all we have to do is to solve the following equiation for "A".
Where:
A= Annuity or monthly payment
r= Rate (effective monthly, in our case)
n= Periods to pay (360 months)
Everything should look like this.
Best of luck.
Answer:
$0.316 trillion per annum
Explanation
According to the scenario, computation of the given data are as follow:-
Interest rate = 0.5% = 0.005
Government Borrows = $6 trillion
Time = 20 years
Required Uniform Annual Payment= Government Borrows × Interest Rate × [(1 + Interest Rate)^Time period ÷ (1 + Interest Rate)Time period] - 1
= $6 trillion × 0.005 × [(1 + 0.005)^20 ÷ (1 + 0.005)^20 - 1]
= $0.03 trillion × [(1.005)^20 ÷ (1.005)^20 - 1]
= $0.03 trillion × (1.1049 ÷ 1.1049 - 1)
= $0.03 trillion × (1.1049 ÷ 0.1049)
= $0.03 trillion × 10.533
= $0.316 trillion per annum
Answer:
The correct answer is option b.
Explanation:
GDP is a measure of economic growth that shows the level of final goods and services produced in an economy in a year. It includes only final goods and services, intermediate goods are not included.
So here the value of flour used to make bread will not be included as it is an intermediate good. But the value of bread will be included. The value of the second bag of the floor will be included as it is a final good sold to the consumer.
Increase in GDP
= $3 + $2
= $5
Answer:
The options include:
[A] cannot implement the plan
<em>[B] can implement the plan
</em>
[C] can implement the plan only if no commissions are charged
[D] can implement the plan only if no management fee is charged
<em>[B] can implement the plan is Correct</em>
Explanation:
Because the client or consumer has been fully disclosed and he agrees that the Adviser / Representative will obtain a management fee and commissions the Advisor / Representative will be allowed to progress with the project.
Answer:
B. task-oriented leadership style .
Explanation:
Task-oriented leadership style -
It refers to the type of leader, who only target on the goal or project .
This type of leader is referred to as the task - oriented leadership style .
As from the very term, the person is only inclined towards his or her task
There type of leaders assign the tasks very clearly and making sure all the works are done on time with proper efficiency and accuracy .
These leader are very consult about the deadline and hence define all the task to get over before the deadline .
There type of leaders are very well organised and clear about the task .
Hence, from the given scenario of the question,
The correct answer is B. task-oriented leadership style.
