Answer:
c. tenants by the entirety.
Explanation:
-Community property owners means that a property owned by a married couple is divided equally.
-Joint tenants is an agreement in which two people own a property with the same rights and obligations.
-Tenants by the entirety is an arrangement in which a married couple own a property and the husband or the wife can't sell it without the consent of the other.
-Tenants in common is an agreement in which two or more people own a property and they can have different percentages.
According to this, Kelly and Lon own the lodge as tenants by the entirety.
Answer:
A) the downpayment wil be for 82,500 dollars at 4% interest yield
B) the downpatment will be for 55,000 if the interest yield is 6% rathen than 4%
Explanation:
The cost of the course is 1,100
The endownment will be for three students so:
3,300
Now we calculate the value of the perpetuity
The perpetuity is an annuity on which time goes to infinity, this leaves the formula like this:
Perpetuity = C/r
considering the interest rate will be of 4%
3,300 / 0.0.4 = 82,500
If the interest yield were 6% then:
3,300/0.06 = 55,000
In a business, the useful life of a machinery depends on its usage.
Let us assume that the useful life of the machine is 5 years.
cost of 500,000 ; useful life - 5 years ; further assume that there is no salvage value and no section 179 election and no out of bonus depreciation.
We will use the straight line method of depreciation. It is dividing the cost by its useful life.
500,000 / 5 years = 100,000 depreciation expense per year.
Since he only bought it on July 1, it can only be depreciated for 6 months.
100,000 * 6/12 = 50,000 depreciation expense for year 2015.
Answer:
Answer for the question:
is given below.
Explanation:
1. P ( X < 76 ) = 1 - P ( X > 7 6 ) = 1 - 0 . 1 0 = 0 . 9 0
2. P ( X < 2 8 ) = 1 - P ( X > = 2 8 ) = 1 - P ( 2 8 < = X < = 7 6 ) - P ( X > 7 6)
= 1 - 0 . 2 2 - 0 . 1 = 0 . 6 8
3. P ( X = 7 6 ) = 0 because in case of continuous probability , probability of finding a particular value is close to zero
Answer:
$4.50
Explanation:
In order to make a profit from the futures contracts, it would be appropriate to take a long position in the June futures contract(buy) and take a short position in the December futures contract.
The investor would borrow $60 today which would necessitate paying back $60 plus a half-year in interest payment.
loan repayment=$60*(1+5%/2)=$ 61.50
In December, sell crude oil at $66 and repay the loan principal and interest
profit=$66-$61.50=$4.50