The span of time is 9 months.
I'd say a day or two, depending on if it's covered or not
Answer:
$67,800
Explanation:
We can use annuity formula to find the present value of the royalties received for the upcoming ten years.
The annuity formula used here is attached with the answer.
The first step would be finding annuity factor at 12%.
So
Annuity Factor = (1-(1+r)^-n) / r
By putting values, we have:
Annuity Factor = (1 - (0.322)) / 0.12 = 5.65
Present Value = Annual Cash flow * Annuity Factor
PV = $12,000 * 5.65 = $67,800
Answer:
Yes, blockbusting
Explanation:
A realtor putting up an advertisement that says "sell now before it's too late" can be in trouble for such advertisement as the realtor is creating fear/panic in the minds of the inhabitants of the neighborhood.
The realtor will be charged under the premise of blockbusting. Blockbusting is a business process in the USA in which real estate agents and developers convince property owners to sell their properties at low or cheap prices by creating fear in the property owners about racial minorities invasion of the neighborhood.
Simply put, blockbusting is the creation of panic in property owners about the invasion of their neighborhood by racial minorities , hence the need to sell their properties for a cheap price.
I hope this helps.
