Answer:
The amount of the prepaid portion that is due back to Ashley using the 12 month, 360 day proration is=$362.34
Explanation:
<em>Step 1: Determine HOA per day</em>
Use the expression below to determine HOA per day;
T=H×N
where;
T=total HOA dues per year
H=HOA per day
N=number of days in a year
In our case;
T=$660
H=unknown
N=360 days
Replacing;
660=H×360
360 H=660
H=660/360
H=$1.83 per day
<em>Step 2: Determine amount of HOA that is due back</em>
Using the same expression;
T=H×N
but;
T=unknown
H=$1.83 per day
N=(June, 15 days)+(July, 30)+(Aug, 31)+(Sep. 30)+(Oct 31)+(Nov 30)+(Dec 31)
N=(15+30+31+30+31+30+31)=198 days
Replacing;
T=(1.83×198)=$362.34
The amount of the prepaid portion that is due back to Ashley using the 12 month, 360 day proration is=$362.34
Answer: C. is unreliable.
Explanation:
Kevin has signed the purchase agreement at fair price with good quality. However, the products arrived one month late which disrupted the production, it made Kevin feels that the <u>supplier is unreliable</u> because of the <em>unscheduled delay of steel frames</em>.
Answer:
true
Explanation:
Things to consider in the inception stage are the vision of the project, the feasibility of the project, cost estimate and if the project should be undertaken.
some of the steps taken in the inception stage includes:
the analysis of the critical non-functional requirement
the creation of a business case,
Preparation for the elaboration phase
Answer:
4.93%
Explanation:
We use the Rate formula shown in the spreadsheet for this question
The time period is represented in the NPER.
Provided that,
Present value = $1,000 × 105% = $1,050
Assuming figure - Future value or Face value = $1,000
PMT = 1,000 × 5.3% ÷ 2 = $26.5
NPER = 25 years - 2 years = 23 years × 2 = 46 years
The formula is shown below:
= Rate(NPER;PMT;-PV;FV;type)
The present value come in negative
So, after solving this, the yield to maturity is 4.93%
