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Brut [27]
4 years ago
9

An arrangement in which the seller carries back a note executed by the buyer to evidence a debt owed for the purchase of the sel

ler property is referred to as
Business
1 answer:
Tomtit [17]4 years ago
6 0

Answer:

self financing

Explanation:

self-financing is an arrangement of taking care of mortgage by the seller instead of by finance institution. In this arrangement mutual understanding is set up between the buyer and seller on mortgage. some amount of money is set aside as down payment by the buyer to the purchaser and the desired installment has made for further deposition of loan.

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The semi annual interest payment on a $10,000 5% bond would be $250
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Before you start to develop your résumé, what should you analyze?
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Ram Company's after-tax net income was $120. Their interest paid was $50. Assuming the corporate tax is 40%, what is Ram Company
Nataliya [291]

Answer:

5

Explanation:

The formula to compute the interest coverage ratio is shown below:

= (Earning before tax + interest expense) ÷ (interest expense)

where,

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4 0
4 years ago
Granny Gums has established a scholarship at the Martin College of Dentistry. She will make deposits into an endowment account t
OleMash [197]

Answer:

<u>Scholarship Amount would be $45.68</u>

Explanation:

Deposits into an endowment account that pays 12% per year

Year 0 Deposit $100

Year 1 Deposit $90

Year 2 Deposit $80

Year 3 Deposit $70

Year 4 Deposit $60

Year 5 Deposit $50

Year 6 Deposit $40  

First find the present worth of the gradient deposits.  

P = 100 + 90(P/A, 12%, 6) - 10(P/G, 12%, 6) = $380.69  

A = 380.69 (0.12)

A= $45.68

3 0
3 years ago
All of the following components are commonly found in tents housing in rental housing agreements Except
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