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natulia [17]
3 years ago
6

Which of the following is a major reason that people move to exurbs?

Business
2 answers:
bija089 [108]3 years ago
8 0

Answer:

The correct answer is option D.

Explanation:

According to a report by <em>The Wall Street Journal</em>, it has been shown that young people of this generation tend to look for more homes in exurbs because their price here is much more accessible.

Although they may be <u>far from the center of the cities</u>, the fact that the houses are so expensive and it is almost impossible to acquire one for a young man who is beginning to form his life and live alone, make the distance worthwhile.

According to this article, it has been decades since many people lived in the exurbs.

Given this information, we can say that the correct answer is option D.

Tanya [424]3 years ago
3 0
D 
To obtain cheaper housing<span />
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The Lodge borrowed $2,000,000 for five years at an annual interest rate of 9% from the Merchant Bank, which required a $100,000
AleksandrR [38]

Answer:

option (b) 9.5%

Explanation:

Data provided in the question:

Loan Amount = $2,000,000

Annual interest rate = 9%

Required compensating balance = $100,000

Now,

Effective interest rate(EIR)

= (loan × Annual interest on loan) ÷ (Loan - Required compensating balance)

= ($2,000,000 × 9% ) ÷ ( $2,000,000 - $100,000 )

= ($2,000,000 × 0.09 ) ÷ ( $1,900,000 )

= 0.0947 ≈ 0.095

or

= 0.095 × 100%

= 9.5%

Hence,

the answer is option (b) 9.5%

4 0
3 years ago
Frederickson Office Supplies recently reported $10,000 of sales, $7,250 of operating costs other than depreciation, and $1,250 o
stich3 [128]

Answer:

c. $900

Explanation:

The computation of the earnings before taxes (EBT) is shown below:

= Sales - operating costs other than depreciation - depreciation expense - outstanding bonds × interest rate

= $10,000 - $7,250 - $1,250 - $8,000 × 7.5%

= $10,000 - $7,250 - $1,250 - $600

= $900

We ignored the state income tax rate of 25% and the rest of the items would be taken for the computation part

6 0
2 years ago
**ECONOMY**
Karo-lina-s [1.5K]

Answer:a

Explanation:

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2 years ago
Downing Company issues $4,000,000, 8%, 5-year bonds dated January 1, 2020 on January 1, 2020 (ten periods). The bonds pay intere
zlopas [31]

Answer:

$4,525,123.84

Explanation:

The computation of the proceeds from the issuance of the bond is shown below:

Given that

Face Value of Bonds = $4,000,000

Annual Coupon Rate = 8%

So, Semiannual Coupon Rate = 4%

So, Semiannual Coupon = 4% × $4,000,000

= $160,000

Time to Maturity = 5 years

So, Semiannual Period = 10

And,

Annual Interest Rate = 5%

So, Semiannual Interest Rate = 2.5%

Now the proceeds from the issuance of the bond is

= $160,0000 × PVIFA(2.5%, 10) + $4,000,000 × PVIF(2.5%, 10)

= $160,000 × 8.752064  + $4,000,000 × 0.78120

= $1,400,330.23  + $3,124,793.61

= $4,525,123.84

4 0
2 years ago
Making your product or service seem different from other similar products or service is called?
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It would be called differentiation :)
4 0
3 years ago
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