<span>Prime lending rates are lower than subprime lending rates and are commonly offered to people with good credit scores.
A prime lending rate is a rate used by a bank that is typically used in favor of "good" customers. These people tend to have great credit so they get a larger amount approved but at a lower interest rate than subprime. Subprime interests rates are higher because they are typically given out to those with poor credit history. </span>
Answer:
2014 36,000
205: 24,000
Explanation:
500,000 x 12% = 60,000 construction realted per year
Capitalize:
timeline:
<--/--/--/--/--/--/--/--/--/--/--/--/-->
each month the company is doing an spending related to the construction. We must capitalize based on the amount investment.
The first month capitalize throught the whole year,
the second month 11 months
the third for 10 months and so on.
Therefore, the capitalize amount will be half of the cost of the year
2014: interest capitalized through the cost of construction
600,000/2 x 12% = 36,000
400,000/2 x 12% = 24,000
That's the maximum amount we can capitalize for construction.
Answer:
c. buying rupees from National Bank at the ask rate and selling them to American Bank at the bid rate.
Explanation:
- Locational arbitrage is a strategy in which one seeks profits from the difference in exchange rates for the same currency at different banks.
- In our case for locational arbitrage one will have to buy Indian rupee from National bank at the ask rate and then sell them to American bank at the bid rate to make profit.
Answer:
The correct answer is - No,
Explanation:
The correct answer is - No,
The answer is no because the broker brings a buyer who is ready to give 1005 cash offer which is against the legal agreement defined by the owner. owner state that he is only taking a 25% cash offer.
Therefore the owner wouldn't consider the broker and didn't due broker commission.
