Answer:
From the bank statement of $23000 the needs are:
- cell phone plan = $45
- rent = $400
- car insurance = $60
- Electric bill = $60
- car payment = $250
Explanation:
A need is something needed for an individual to live a fulfilling life without adverse effect. if a need is not fulfilled it can cause an adverse effect like sickness,death or it might cause a fine or penalty.
cell phone plan is an need because without a cell phone plan a cell phone user might be unable to communicate properly with his business associates and family who might not always be with him and he might be unable to pass along proper and timely information as well
Rent is necessary because housing is one of the most important needs of a man without rent plan there would be no proper housing
car insurance: insurance helps to reduce the burden of accidents on the car owner. if he fails to pay his insurance when due. if the car is caught up with eventualities of accident, the insurance company might not respond to him
Electric bill : this is a very important need as well in America. failure to pay the electric bill results to shortage of electricity and electricity is vital to everyday living.
car payment: the regular payment of car loans helps to escape the penalty of late payment hence this is a need.
Money. I'm doing the same subject right now. Feel free to message me if you have any questions.
Answer:
In the transfer of rights, Taylor is an assignor
<u>Explanation:</u>
An assignor is an individual, organization, or other substance that moves rights that they hold to another element. The assignor transfers to the trustee. For instance, a group the assignor that goes into an agreement to sell a bit of property can dole out the returns or advantages of the agreement to an outsider (the chosen one, for example, philanthropy or a trust.
The task of rights regularly happens upon death to deal with the perished home, or through an intensity of lawyer to manage lawful or budgetary undertakings of a person.
Answer:
$20,582.03
Explanation:
For this question, we have to determine the future value that is shown on the attachment. Kindly find it below:
Data provided in the question
NPER = 5 years
PMT = $3,800
Rate of interest = 4%
PV = $0
The formula is shown below:
= -FV(Rate;NPER;PMT;PV;type)
So, after solving this, the future value is $20,582.03
Answer:
D. are supported by a promissory note
Explanation:
Notes receivable defines as a written agreement or promise that is to be received in a future date
It is a mix or combination of both the principal and the interest
It is shown in the current asset side of the balance sheet and it contains the debit balance. Moreover, it is also supported by the promissory note.
Hence the correct option is d.
