Answer:
$630
Explanation:
The computation of the firm's interest expense is
= Outstanding bonds × rate of interest
= $9,000 × 7%
= $630
For computing the interest expense, we multiplied the outstanding bond with the interest rate so that the accurate amount could come
This is the answer but the same is not provided in the given options
Answer:
C) Yes, Yolanda is correct. It is illegal for Mike to take such actions. The landlords may serve the tenants with a three-day notice of eviction.
Explanation:
Eviction processes can be relatively simple, by just sending an eviction notice and the tenants voluntarily leaving the property, or they can be very messy and end up in court. But in no case, can the landlord just get into the property and kick the tenants out.
The length of the eviction process also varies depending on the cause, in this case since the tenants already we more than 3 months of rent tht is more than sufficient cause.
If after the 3 day notice Jeff and Ryan still haven't left, then Yolanda and Mike will have to start an eviction lawsuit that usually takes a few weeks (its a speedy process). Since Yolanda and Mike have a reasonable cause for evicting the tenants, the court will probably order and immediate eviction (or maybe give them a week or so).
Then if Jeff and Mike still stay on the property things get messy and the police should force them out.
Thank you for posting you question here. I hope the answer will help. The interest rate on this loan if the payments begin one year after the loan is signed is 11%. Below is the solution:
N=6
PMT=4,727.53
PV=20,000
FV=0
I=?
<span>I=11%</span>
Answer:
Reverse annuity mortgage RAM
Explanation:
