Answer:
$7337.65.
Explanation:
Loan is what someone in need of financial aid for the purpose of investment or other things collect or take money from banks, friends, family or relatives with the intent of returning it back(probably with interest too).
From the question, we are given the following information: the total loan amount on an office building = $1 million = 1,000,000 at a 10% interest (accrual) rate '' with payments calculated using an 8% pay rate and a 30-year loan term".
Hence, if we are to do this on Excel, we will just just use the - PMT of 8% divided by 12 = (0.00666666667) , the number of payment = 360 and the total loan amount which is going the give us the value of $7337.65.
Answer: external cause
Explanation:
Based on the information that's provided in the question, if Kumi gets audited this year, then he is likely to believe that the reason for the audit is due to an external cause, like the tax program that was used in the preparation of his taxes.
In such case, we can infer that the perception of Kumi is being influenced due to self-serving bias.
Answer:
C
Explanation:
Down payment is something that you pay upfront before getting anything.
Answer:
The most you should pay for this stock is 126.89
Explanation:
The dividend in years 1 – 3 will grow at 12% and then at 5% forever.
We had to get the PV for the dividends in years 1-3 (year 3 also includes the estimated future value of the stock).
We used our calculators to find the PV of each year at the 8% discount rate. Finally we will add them all together to get the final answer.
We find the future dividends using g =12%
Dividend in year 0 --->
Dividend in year 1 ---> 3.36
Dividend in year 2 ---> 3.76
Dividend in year 3 ---> 4.21
Dividend in year 4 ---> 4.43
Now we will calculate the present value of the future dividends using r = 8%
Stock Value assuming constant growth rate = 147.52 --(a)
PV in year 1 ---> 3.11
PV in year 2 ---> 3.23
PV in year 3 ---> 120.45 --(discounting (a))
= 120.45 + 3.23 + 3.11
= 126.89
Answer:
DR Supplies expense $2,800
CR Supplies $2,800
Explanation:
Opening Balance $2,100
Add Purchases $3,500
Total $5,600
Closing Balance $2,800
To determine usage for the month
=Total supplies - Closing Balance of Supplies
= $5,600 - $2,800
= $2,800
Usage for the month = $2,800
DR Supplies expense $2,800
CR Supplies $2,800
