The current value of the mortgage will be given by:
A=P(1+r/100)^n
where:
P=$150,000
r=5%
n=16 years
therefore:
A=150000(1+5/100)^16
A=150000(1.05)^16
A=$201,014.35
If He wants to pay off his mortgage now, he needs $201,014.35
Answer:
The operating cash flow in this transaction is zero
Explanation:
Please see attachment.
Answer:
correct option is b. job-order cost sheet
Explanation:
A job order cost sheet is subsidiary to work in process
because job-order cost sheet are the documents that is use for record the manufacture cost.
and all necessary and important detail of cost & job is written in job cost sheet
and it is also accounting record of the company
so here given that primary document for accumulate all cost related to a particular task
so correct option is b. job-order cost sheet
If he was the first to say he wanted the product and the seller wants to sell it as fast as possible than yes. But not technically it would be a kind of verbal understanding and agreement.