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3 years ago

How does FNB programme benefit the community in terms of economic development?

1 answer:

4 0

FNB fund support early childhood development programs. Early childhood development programs are beneficial to the children, families and the community as a whole because of the present and future impacts that the programs have on the children.
FNB bank provide quality banking and financial services to the community. Also, the bursary program of FNB provide funds for students who are studying in the tertiary institutions.

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A woman bought a home. The asking price for the home was $585,000; the woman offered $565,000 and the seller accepted. The appra

omeli [17]

Answer:

The multiple choices are as follows:

A: 82%

B: 83%

C: 84%

D: 85%

The correct option is C,84%

Explanation:

Loan-to-Value ratio(LTV)=loan amount/appraised value of the property

the price paid for the property was $565,000,out of which the buyer paid $94,600 from her pockets and borrowed the remainder,the remainder that was borrowed is computed thus:

amount borrowed=sales value-cash

=$565,000-$94,600=$470,400

The appraised value of the property is $560,000

LTV=$470,400/$560,000=0.84

The property loan to value ratio is 84%

7 0

3 years ago

Dora earns 50,000 a year at her johs. when she was given a raise of 5,000 her spending increased from 50,000 to 54,000 calvulate

weqwewe [10]

Given:
ΔY = $5,000, the change in income
ΔS = 50,000 - 54,000 = - 4,000, the change in savings.

By definition,
MPS (Marginal Propensity to Spend) is
MPS = ΔS/ΔY = -4000/5000 = -0.8

The relation between MPS and MPC (Marginal Propensity to Consume) is
MPS + MPC = 1.
Therefore
MPC - 0.8 = 1
MPC = 1.8

Answer:
MPS = 0.8
MPC = 1.8

5 0

2 years ago

Read 2 more answers

What information appears on a pay stub?

Ira Lisetskai [31]

Answer:

salary prior to taxes and tax deductions.

Explanation:

A pay stub usually referred to as a pay slip or paycheck stub is the financial document that lists the amount of money an employee is paid. It is generally issued by the employers for each

pay period.

Pay stub gives a detailed information about total earnings of an employee for the pay period, tax deductions from the total as well as the net pay after deductions.

Federal Insurance Contributions Act (FICA) is usually written on all pay stubs, which is an indication of an employee's contribution to Medicare and Social Security.

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3 years ago

Entrepreneurship is the component of human resources that performs the functions of organizing, managing, and assembling the ot

MArishka [77]

Answer: True

Explanation: Entrepreneurship is the ability to create and run a business venture with the aim of generating a profit. This comes in the form of starting new businesses. It takes into account planning, organising, managing an assembling the 4 factors of production, and using these factors to create a product or service that customers can buy, in exchange for money. The four factors of production are: land, labour, natural resources and capital. It is important to note that although entrepreneurs aim to make a profit, they can also bear risks that can affect their business ventures and thus the profit that they make.

5 0

3 years ago

Read 2 more answers

What happens to each company's net income if sales increase by 20%?

Tju [1.3M]

The company's net income will grow higher if it increases by 20% and then it will just keep getting higher and higher. Hope this helped, have a great day! :D

8 0

3 years ago