Answer:
$1,282.80
Explanation:
The PMT formula is used for this question. The attachment is shown below:
The NPER shows the time period
Given that,
Present value = $300,000 - $30000 = $270,000
Future value = $0
Rate of interest = 4% ÷ 12 months = 0.33%
NPER = 30 years × 12 months = 360 months
The formula is shown below:
= PMT(Rate;NPER;-PV;FV;type)
The present value come in negative
So, after solving this, the answer is $1,282.80
Answer:
the investment earnings in the account are tax-free. Also, when you reach age 59½ and have had the account open for at least five years, withdrawals are tax-free.
Explanation:
Answer:
B. To enable rationing
Explanation:
<em>The purpose of price ceiling would be to enable rationing.</em>
A price ceiling represents an imposed price control over a product. It is the maximum amount a manufacturer or a supplier is allowed to charge for a product within an economy.
Price ceilings are imposed so as to ensure that prices of products remain within the range of an average consumer within a population and prevent excessive upward movement of prices.
<u>Price ceilings help in rationing. It ensures that an average consumer is not overcharged for products in as much as the manufacturer/suppliers get reasonable profit for their production.</u>
Answer:
The correct answer to this is type of advertisement is reminder advertising.
Explanation:
Reminder advertising is that type of marketing strategy, which consists of brief messages that are sent to the target consumer base , with the objective of reminding them about the product or service or introducing a new product or service in their already existing marketing program. In this question also local car dealership is trying to remind people of its services offered during the winter.