Answer:
His regular earnings ( based on regular rates) is $480 while his total earnings for the week ended March 15 is $738.
Explanation:
Regular rate = $12 per hour
Rate for hours in excess of 40 hours per week
= (3/2) × $12
= $18
Rate for hours for Sunday is double
= 2 × $12
= $24
During the week ended March 15, 9 hours each day from Monday through Friday, 6 hours on Saturday, and 4 hours on Sunday
Period in excess of 40 hours during the week
= (9 × 5) + 4 - 40
= 9
Total regular earning = 40 × $12
= $480
Additional earnings = (9 × $18) + (4 × $24)
= $162 + $96
= $258
Total earnings = $480 + $258
= $738
Answer:
17%
Explanation:
Purchase price of bond = $921.77
Years investment held = n = 7
Coupon rate = C = 15%
Frequency of payment = m = 2
Annual coupon = $1,000 × (0.15/2) = $75.00
Realized Yield = i
Selling price of bond = PB = $961.22
The realized rate of return is approximately 16.6 percent. Using a financial calculator provided an exact yield of 16.625 percent.
Answer:
10.94%
Explanation:
Your father was born 48 years ago
His grandfather deposited $250 in an account for him
Today the money is worth $36,500
The annual rate of his return can be calculated as follows
= 36500/250 ×1/48= (1+r/100)
= 146^0.020833= (1+r/100)
= 1.1094-1
= 0.10940×100
= 10.94%
Answer:
$31000 will be allowed as expenditure
Explanation:
given data
Wheelchair = $10,000
Whirlpool bath = $10,000
Maintenance = $1,000
Increased utility bills = $1,000
various home modifications = $10,000
solution
as here value of the home increased = $1000
and that is increaed utility bill of the whirlpool
so that expenditure will be added to value of asset
so
total expenditure is = $10000 + $10000 + $10000 + $1000 = $31000
so $31000 will be allowed as expenditure
Answer:
A) Jamie may not act as a loan broker unless she is properly licensed as one, under the Mortgage Loan Broker Law, set forth under the California Business and Professions Code, Article 7.
Explanation:
The loan application must include information regarding the real estate broker and must be signed by both the borrower and the broker.
Section 10241 (i) of the California Business and Professions Code, Article 7 requires:
<em>"A statement containing the name of the real estate broker negotiating the loan, his or her license number, and the address of his or her licensed place of business."</em>
