The borrower needs to bring the 10% down payment and another $3,3330 for points for a total of $21,830.
Answer=$21,830
Answer:
C. can cause hypothesis tests to be unreliable
Explanation:
Omitted variables are those variables that, when left out of a statistical model, for example linear regression, affects the outcome of the model. It either ignores the impact of the omitted variable to the results or it may assign the effect of the omitted variable incorrectly to the effect of the included variable on the statisical model. This of courses results in the model depicting an upward bias or a downward bias. This is referred to as the Omitted Variable Bias (OVB).
Lets take an example. If you were to run multiple regressions to figure out the factors that affect the prices of houses in an area, you would include multiple variables that you deem significant. The variables you would include in the regression model would include the age of the house, the size of the house, the number of rooms and so on and so forth. However, lets assume that some of the houses are located near an industrial waste plant which negatively impact the price of the house. You forget to include thos proximity variable in your model which would likely make your model biased since the proximity to a waste plant would drastically impact the price of a house that is similar in all aspects with a house that is located further away.
Furthermore, the aren't any statistical models that would located omitted variables therefore, in the context of the question, omitted variables can cause hypothesis tests to be unreliable
Answer:
Nixon = (155,000/331,000)*15,500 = 7,258.31
Cleveland = (105,000/331,000)*15,500 = 4,916.92
Pierce = (71,000/331,000)*15,500 = 3,324.72
TOTAL DISTRIBUTION: 15,500.00
Explanation:
A cash liquidation distribution or liquidating dividend is a distribution of cash or other assets to shareholders when a business is liquidated. This distribution represents the amount of capital returned to the investor or business owner when a corporation is partially or fully liquidated. This dividend is paid out after all creditor and lender obligations have been settled, so the dividend payout should be one of the last actions taken before the business is closed.
The dividends are returned to investors per the capital structure of the business, not per profits and losses participation.
Answer:
If there are two lawyers with similar experience and fees, you should make a decision by asking other lawyers for recommendations.
Answer:
(C) A perpetuity is a series of regularly timed, equal cash flows that is assumed to continue Indefinitely Into the future.
Explanation:
a false
the principal is never repaid on a perpetuity
d false the perpetuity is for an indefinite period of time.
definition:
the perpetuity consist in a principal which yield a return over time indefinite. this return do not include any amortization in the principal neither principal installment are done through the investment or loan life