The type of audit that occurs at your home or in the business is called the field. It is because the field is the place like home or business in which the IRS goes to in means of conducting the investigation in regards with them and their tax payer.
Answer:
This is an example of impound.
Explanation:
Impound is an account maintained by mortgage companies. It collects payments such as property taxes, hazard insurance, private mortgage insurance, etc. These payments though are not included in mortgage are necessary for keeping home.
In the most simplest way it can be defined as an account used to hold to make payments for property taxes and insurance.
A Cartel
Note that it doesn’t have to be oligopolies that collude, small firms can also!
Answer:
B. $4,520.64
Explanation:
The computation of the down payment is shown below:
= {Monthly payment × (1 - 1 + interest rate)^-number of periods} ÷ {Interest Rate}
where,
Interest Rate = 8% ÷ 12 months = 0.66667
= {500 × (1 - 1 + 0.67)^-48} ÷ {0.67}
After solving this, the amount is $20,480.956
Now the down payment is
= $25,000 - $20,480.956
= $4,519.04 approx
