An upfront cost is the amount of money owed at the start of a transaction or business engagement.
<h3>Why Is Understanding Upfront Costs Important?</h3>
A prospective homeowner can confidently choose a piece of property that is appropriate for their financial condition by thoroughly comprehending upfront fees as well as ongoing costs such as monthly mortgage payments and property taxes.
Because house ownership expenses exceed the reported purchase price, a good real estate agent will walk their client through the various amounts they will owe to ensure that the buyer is not caught off guard by significant upfront costs.
Thus When comparing up-front costs, buying is more advantageous than leasing which is more costly.
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brainly.com/question/2761249
Answer:
<em>By using the physical, about one third of cleaning of the spill was achieved, by using the chemical method about 60% clean up was achieved.</em>
<em>The most difficult areas to the clean up of the spill was in the shore, because it keeps absorbing in the sand, thereby making the work harder.</em>
<em>Factors that is present in the actual oil spill, is movement of current and waves</em>
<em>Finally, the impact it will have on the environment are on marine life, through chemical methods it will affect food web and plant in a negative form.</em>
Explanation:
<em>From the question given, we solve the following statements:</em>
- <em>I was close to to cleaning up of almost one third of the spill by use of a cotton balls, (physical method)however i was able to achieve 60% clean up using a detergent (chemical method)</em>
- <em>The most difficult area i encountered in the clean up of the spill was the shore, because as the oil enters the sand, it becomes harder to remove ll the oil, once its has enter all parts of the sand</em>
- <em>The factors that would be available in the actual oil spill is the current and wave movements, and also marine life.</em>
- <em>The impacts it might have on the environment is on marine life, the chemical methods will affect resulting to effects that are negative such as food web disruption and plant destruction.</em>
<span>“What is a risk assessment?” This post aims to allow you to answer basic questions on risk assessments such as “a definition of risk assessment”, “why do risk assessments?”, “when to do a risk assessment?” and “how to do a risk assessment?”.
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Answer:
The PV of costs is ($25,192.61) and the equivalent annual annuity is ($7,947.53).
Explanation:
PV Formula = $20,000 + OC 1 / (1 + interest rate) ∧1 + OC 2 / (1 + interest rate)∧ 2 + OC 3 / (1 + interest rate)∧ 3 + OC 4 / (1 + interest rate)∧ 4
where:
PV = Present Value
OP = Opertaiing Cost
PV = $20,000 + 1500/1.1∧1 + 1600/1.1∧2 + 1700/1.1∧3+ 1800/1.1∧2+ 1800/1.1∧4
PV = $20,000 + 1,363.63 + 1,322.31 + 1,277.23 + 1,229.42
PV = $25,192.61
Equivalent Annual Annuity = r (NPV)/1-(1+r)∧-n
EAA = 0.1 X $25,192.61/0.31699
EAA = $7,947.53