Answer:
D) Broker
Explanation:
A broker is a person who coordinates buyer and seller. A broker tries to improve communication between those two parties so that the transaction is successful, but he does not take part in the transaction and only charges a small comission fee.
In the question, Tony is a classical example of a broker because he does not take any equipment for himself, does not incurr any debt, and only coordinates the parties, and likely charges a small fee after the transaction is finished.
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Answer:
=$11,439.96(Approx)
Explanation:
Consider the following calculations
Present value of annuity=Annuity[1-(1+interest rate)^-time period]/rate
200,000=Annuity[1-(1.0391)^-30]/0.0391
200,000=Annuity*17.48257135
Annuity=200,000/17.48257135
=$11,439.96(Approx)
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