Answer:
27.29 months
Explanation:
Using Present Value Annuity (PV A):
PV A = c x (1- 1/(1+r)^t)/r
c = Monthly repayment
t = time it will take to pay off
r = rate of interest per month
$ 11,500 = $500 x (1 – 1 / (1+0.0125)^t / 0.0125
When you solve this problem you get:
1/(1+0.0125)t = 1 – (($11,500)(0.0125) / ($500))
1/1.0125^t = 0.7125
1.0125^t = 1/0.7125
1.0125^t = 1.4035
t = In 1.4035 / In 1.0125
t = 27.29 months
Answer:
D) none of the above.
Explanation:
Partnership property is owned by all the partners as tenants in the partnership, it is not owned by just one partner.
Each partner's interest in the partnership is defined by their share of the profits and losses of the partnership.
The partnership's assets can be attached by creditors (the partner's interest is part of the partnership's property).
Laws regarding partnerships allow the partner's interest to be transferred, unless the partnership agreement specifically prohibits it.
Answer:
C. As the year 2000 approached, investors became wary of computer programs that might not be able to handle the changing century, causing investors to panic and sell and sending stock prices plummeting.
Explanation:
im sorry if im wrong i did some reasearch and that what i found
Answer:
18.11%
Explanation:
Data provided in the question:
Selling price = $181
Fees charged = 4% = 0.04
Face value = $181 per share
Dividend paid each year = 10% = 0.10
Annual growth rate = 7% = 0.07
Now,
Uber's cost of capital of this common stock
= [ D1 ÷ (Face value - D1)] + Growth rate
= [ ( $181 × 0.1) ÷ ($181 - 181 × 0.1)] + 0.07
= [ 18.1 ÷ 162.9 ] + 0.07
= 0.1811
or
= 0.1811 × 100% = 18.11%
Answer:
A$118,000 B.$333,000
Explanation
Land$100,000
Demolition20,000
Scrap value(5,000)
Title insurance1,000
Paving assessment2,000
Total land cost($118,000)
B. The cost of the building recorde
d by Reid
Archirectfees$25,000
Construction interest8,000
Building cost300,000
Total building cost. $333,000
