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olya-2409 [2.1K]
3 years ago
6

Rachel is deciding whether to remain in the home she has lived in for the past ten years, which is located very near her work, o

r to move into a newer home that is located in the suburbs further from her job. The old house was purchased for $160,000 and has a market value of $220,000. The new home can be purchased for $285,000. Which of the following is not relevant to Rachel's decision?
a. Driving distance to work
b. Cost of the old house
c. Market value of the old house
d. Cost of the new house
Business
1 answer:
Arturiano [62]3 years ago
3 0

Cost of the old house is not relevant to Rachel's decision .

Option B

<u>Explanation: </u>

In this scenario, Rachel’s decision is not related to Cost. Rather, Sellers had benefits in most real estate markets due to a shortage of houses for sale in the United States. But so many vendors do not know that they would probably cost hundreds of dollars in this payment.

People are not alone, every day, if people driving long distances to their workplace. ABC News estimates that the average Americans work about 16 miles per direction, with a regular trip of almost an hour.

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Answer:

real interest rate = -3.08%

Explanation:

real interest rate = nominal rate - inflation rate

  • nominal interest rate = [($562/$509) - 1] x 100 = 10.41%
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real interest rate = 10.41% - 13.49% = -3.08%

since the real interest rate is negative, the investor actually lost money in real dollars. This means that the amount of goods that the investor could purchase before making the investment is higher than the amount of goods he/she will be able to buy after the investment.

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3 years ago
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Answer: The correct answer is "a. decisions under risk.".

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Decision-making under risk is one of the three possible decision-making scenarios based on the available information, this scenario presents an intermediate situation between decision-making under certainty or under uncertainty: each alternative, strategy or course of action has several possible consequences, but the person in charge of making the decision knows the probability of each of them.

5 0
4 years ago
To whom must licensees provide agency disclosures prior to entering into an agency agreement?
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A licensee who is operating in the capacity of a party's designated agent must notify any clients of the existence of the agency relationship in writing.

<h3><u>An agency agreement is what?</u></h3>

In a legal contract known as an agency agreement, the first party, known as the "principal," agrees that the activities of the second party, known as the "agent," bind the principal to later agreements made by the agent as if the principal had made them personally.

In law, the ability of the agent to bind the principal is known as authority. A person may be compelled to pay for purchases made by a close relative using their credit card if they provide their credit card to them, which is an example of implied authority generated by an agreement.

Learn more about agency agreement with the help of the given link:

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Explanation:

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Answer:

Explanation:

One transformational leader that we can talk about was Martin Luther King Jr. who was an Activist and Minister who fought for American Civil Rights in the United States in the early 1950s. MLK jr. was both assisted and hindered by the time in history in which his efforts took place. This is because at the time African American Rights were almost non-existant and the Civil Rights movements were at an all time high. This means that MLK jr. was able to amass many followers as he was fighting to make the world a more equal place for everyone, but at the same time it was a time in history where racism was at an all time high as well. This hindered his efforts greatly and ultimately led to his death in 1968. Regardless, Martin Luther King Jr. made one of the biggest impacts in the Civil Rights movements in history as a transformational leader.

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