Answer:
B) Abstract and opinion.
Explanation:
Abstract and opinion can also be call Abstract of title:
this is the records or evidence of the full history of the property from the conveyance,wills, legal backing, and the list of those people that as assume ownership of the property for a particular period of time.
A full summary of all consecutive grants, conveyances, wills, records, and judicial proceedings affecting title to a specific parcel of real estate, together with a statement of all recorded liens and encumbrances affecting the property and their present status, but not including encroachments and forgeries, is known as a Abstract of Title or Abstract and opinion.
Answer:
It will take 50 months to complete the payment on his entire balance
Explanation:
We have to solve for n in an annuity:
C $20.00
time n
rate (0.1524 / 12 months per year) 0.00127
PV $969.1600
Now, we use logarithmics properties to get the answer:
[tex]-n= \frac{log0.93845834}{log(1+0.00127)
n = 50.044991
The money supply decreases when Citi Bank repays a loan they had previously taken from the Fed. The money supply within Citi Bank decreases because they no longer have the money as they have paid it back to the Fed. The Fed's supply of money then increases.
A person's taxable income is calculated by deducting all allowable deductions and tax-free expenses from their gross total income, which is a rather straightforward formula.
When applied to a person, it is represented as, Formula for Calculating Taxable Income: Gross Total Income - All Exemptions - All Deductions
Income subject to tax: $19,606
$41,821 in taxable income
9,838 Taxable Income
The amount of income used to determine how much tax an individual or business owes the government in a specific tax year is known as taxable income. Knowing one's total taxable income is crucial because it makes calculating the final amount of tax that will be paid or refunded much simpler.
To know more about taxable income click here:-
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Answer: -12.1%
Explanation:
Bond Sam was priced at Par which means it could have been priced at $1,000 and its yield was the same as the coupon rate of 8%.
If interest rates rise by 5%, the yield becomes:
= 8% + 5%
= 13%
Price of bond is attached:
Yield = 13% /2 = 6.5% per semiannual period
Coupon = 8% * 1,000 * 0.5 = $40 per semi annual period
Period till maturity = 3 * 2 = 6 semiannual periods
Price = $878.97
Percentage change in price:
= (878.97 - 1,000) / 1,000 * 100%
= -12.1%
