I think the answer is B: a person with a credit score of 760 with a small amount of debt who has had steady employment for many years.
Answer:
for mutual benefits
Explanation:
A joint venture is a business arrangement made between two parties that agree to come together and unite all of their resources in order to accomplish a specific common goal. Joint ventures are usually formed for mutual benefits, both companies involved benefit greatly from reaching the end-goal that they are working towards, but which neither company could do it without the other's resources.
Answer:
The annualy payment for theamortized loan is $6,802.44
Explanation:
First we will find the total loan payment TP for the $20,000 borrowed over the next four years with a annual return of 8%:
TP = $20,000 *(1+8%)^4
TP = $20,000 *(1.08)^4
TP = $20,000 *1.3605 = $27,209.7
The annual payments AN is obtained by dividing the TP into the 4 years:
AN = $27,209.7 / 4 = $6,802.44
Characteristics of capital projects include (B) usually requires long-range planning and extensive financing.
<h3>
What are capital projects?</h3>
- A Capital Project is one that serves to maintain or improve a City asset, also known as infrastructure.
- A project must meet ONE of the following requirements (criteria) to be included in the Capital Budget.
- It is a project that involves the construction, enlargement, renovation, or replacement of an existing building or facilities.
<h3>Characteristics of capital projects:</h3>
- Long-lasting assets are involved (e.g, buildings, roads and bridges, etc.)
- A construction project is usually included.
- Long-term planning and extensive financing are usually required.
- Maintain a project-life emphasis rather than a year-to-year concentration.
Therefore, characteristics of capital projects include (B) usually require long-range planning and extensive financing.
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Correct question:
Characteristics of capital projects include:
Group of answer choices -
(A) Involves long-lived assets.
(B) Usually requires long-range planning and extensive financing.
(C) Usually has a year-to-year focus.
With face value equal to $ 1000, present value equal to $ 1,065, we get nper = 16.5 * 2 = 33. Rate(ytm) is equal to 7.7%/2 = 3.85%.PMT (coupon payment) = $ 42.01.Coupon rate = (42.01 / 1000) = 4.20%.Therefore, the annual coupon rate is equal to 4.2 * 2 which equates to 8.40%
