Answer:
<u>Increase in demand, then increase in prices</u>
Explanation:
Note that the law of demand and supply also applies to the housing market.
Thus when developers notice increase in the demand for houses; leading to an increase in prices for houses, this necessitates the increase in developer construction so as<em> to make more profit.</em>
Remember, this developers likely had undeveloped land they bought for some time, and so its an opportunity to reap more investments.
Answer:
The correct answer is that Kyle works for Municipal Government.
Explanation:
Municipal governments are the districts, towns, countries, cities, metropolitan regions or villages. Those persons or individual who work for these government are responsible for the local services like Police Officer, water supply, parks and building codes.
In this case, Kyle who works for the City of Chandler as a police Officer, so Kyle works for the municipal government.
Answer:
$495,000
Explanation:
Since Zarr Town expects to collect 99% of the property taxes levied during the year, should report $500,000 x 99% = $495,000 as property tax revenue. Even if the town only collects $450,000 during the year, the last property tax installments generally are due by the end of March. So the remaining $45,000 will probably be collected next year.
Answer:
Annual contributions to the retirement fund will be $6,347.31
Explanation:
First find the Present Value of the Annuity giving payments of $32,000 annually for 25 years at the rate of 10%.
Using a Financial Calculator enter the following data
PMT = $32,000
P/y = 1
N = 25
R = 10%
FV = 0
Thus, the Present Value, PV is $290,465.28
At the time of retirement (in 20 years time) the Value of the annuity fund is $290,465.28.
Next we need to find the Payments PMT to reach this amount in 20 years time at the interest rate of 8%
Using a Financial Calculator enter the following data
FV = $290,465.28
N = 20
R = 8 %
PV = $0
Thus, the Payments, PMT required will be $6,347.3080
Conclusion :
Annual contributions to the retirement fund will be $6,347.31
Answer:
Explanation:
Option B price strategy is the correct answer