Answer:
4 if no tax is included because 4 times 12 equals 48
hope this helps
Step-by-step explanation:
Answer:
The Annual rate of interest for the mortgage is 1.8%
Step-by-step explanation:
Given as :
The mortgage principal = p = $167,000
The time period of mortgage = t = 20 years
The Amount paid towards mortgage in 20 years = A = $240,141
Let the Annual percentage rate on interest = r % compounded annually
Now, <u>From Compound Interest method</u>
Amount = Principal × 
Or, A = p × 
Or, $240,141 = $167,000 × 
or, 
=
Or , 1.437 =
Or, 
= 
or, 1.018 =
Or, 
= 1.018 - 1
Or, = 0.018
∴ r = 0.018 × 100
i.e r = 1.8
So, The rate of interest applied = r = 1.8 %
Hence, The Annual rate of interest for the mortgage is 1.8% Answer
Answer:
If a company issues bonus shares, there will be no increase in the capital and the debt-equity ratio remains unchanged.
Step-by-step explanation:
Free additional shares offered to existing shareholders is known as a bonus issue.
Bonus issues are given to shareholders when companies are short of cash and shareholders expect a regular income. It may also be issued to restructure company reserves.
However, issuing bonus shares does not involve cash flow. It increases the company’s share capital but not its net assets.
Since bonus issues only increase the number of shares a shareholder is holding but not the ratio/percentage of holding. Thus, if a company issues bonus shares, there will be no increase in the capital and the debt-equity ratio remains unchanged.
To multiply it by itself three time eg 2x2x2
Let x represent the smaller angle. Then the larger one is 20+4x. Since they are complementary, their sum is 90. (All measures are degrees.)
90 = x + (20+4x)
90 = 5x +20
70 = 5x
14 = x
The smaller angle is 14°.
The larger angle is 76°.
