Answer:
$18,480
Explanation:
Cost of van = $51,000
Useful life = 5 years
Salvage value = $4,800
Using the straight line, Annual depreciation
= (51000 - 4800)/5
= $9,240
Using the Double-declining balance method,
Annual depreciation = 2 × 9,240
= $18,480
If the homeowner continues to default on the loan, the lender will foreclose on the house. ... A foreclosure sale / auction is typically the next thing that happens during the process. The lender wants to get the home off their hands as quickly as possible, so they'll usually price it to sell quickly
The federal government budget each year is considered to run from October 1 of one calendar year through September 30 of the next.
The federal government budget in the United States each covers three major spending categories.
These spending categories include the following:
- The federal agency funding: this is often referred to as "discretionary spending."
- Interest on the debt: a maximum of 10% of the total funding.
- Funding for Social Security: this is often referred to as Mandatory spending. It covers activities like Medicare, veterans benefits, etc.
Hence, in this case, it is concluded that the federal government budget each year is used to run the country's affairs.
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Answer:
Increase
Increase
Explanation:
When wealth increases, the disposable income of individuals increases and individuals are more willing and able to invest in stocks and long term bonds.
I hope my answer helps you.
