I believe the answer is: c. interest rate
In mortgage we let an orgniazation (such as bank) to took ownership of a certain property that we want. We then pay the organisation with a certain amount of payment plus interest, and the ownership would be transferred to us after we complete all of the payment.
In this process, interest rate is the profit that the organization would take for their service. As the interest rate become lower, the amount of mortgage price would typically increased, and vice versa.
Answer:
$3,123.75
Explanation:
First we have to calculate the assessed value of the property for the purpose of taxation, which is given as follows:
Assessed value=$255,000*35%=$89,250
No we have to calculate the tax rate for the assessed value of $89,250 using the following method:
(tax rate/$100)*assessed value
Tax rate=$3.50
Assessed value=$89,250
=($3.50/100)*$89,250
=$3,123.75
Answer:
b. $461,820
Explanation:
The computation of the amount reported in the balance sheet is shown below:
But before that we need to find out the amortization of discount which is
= Purchased value of bond × interest rate of return - face value of bond × interest rate
= $456,200 × 10% - $500,000 × 8%
= $45,620 - $40,000
= $5,620
Now the amount reported is
= Purchased value + discount amortization
= $456,200 + $5,620
= $461,820
Hence, the option b is correct
They assume that no one outside of their family would be interested in helping them
D. Average and below-average customers.
Consider that below-average customers would lose a company money because below-average customers buy less and potentially cost more than average customers. Therefore, if a company only targeted average and below-average customers, their revenue would be pulled down by the below-average customers and their expenses or costs would be pulled up by the below-average customers. These two factors could contribute to the company losing money.