Answer:
$211,689. 53
Explanation:
Calculation to determine the remaining balance (or value) of the mortgage after the payment of the fifth annual installment
Step 1 is to compute PMT using Financial calculator
I = 6%
N = 20
PV = 250,000
FV = 0
PMT=?
Hence,
PMT = 21,796.14.
Now let determine the PV using Financial calculator
I = 6%
N = 15
PMT = 21,796.14
PV=?
Hence,
PV = $211,689. 53
Therefore the remaining balance (or value) of the mortgage after the payment of the fifth annual installment is $211,689. 53
Answer:
A) True
Explanation:
This week someone in Brazil died due to faulty Takata airbag in a Honda Civic (a 2008 model). Honda Brazil had run a recall campaign for more than 4 years in Brazil, but since they were not able to locate the owner of the car, then they are legally responsible for the death. The problem was that the original owner sold the car to a third party and then they resold it again venereal times, so it wasn't possible to locate the last owner.
But if Jared had been personally warned about the defective brakes, then the car company is not liable for any accidents. On the other hand, if Jared just knew about the defective breaks because some friend who is a mechanic told him so, then the car company is responsible for the accident.
Since the question only states that Jared knew about the defect, then I guess that the car company was able to contact him personally.
The process that you used to get a warm shower is known as innovation and creativity. You have figured out a way on how you can create something from the situation that you are in. In business this is are characteristics that you must possess in order for you to deal with several people.
The answer to this question is the clean air act. The clean air act or CAA is a law which regulates the air emissions from sources like cars, factories, etc. The clean air act prevents air pollution and makes it a point that we will have a clean air for everybody's benefit.
Answer: 11.05 %
Explanation: Required return can be defined as the measure of profitability of business in relation to its different types of securities such as equity, preference and debt.
In this problem we can compute return on equity by using following formula :-
11.05%