Answer:
Another term for a pre-inspection agreement is Standard of practice.
Explanation:
Standard of practice entails agreement signed before any business is done at all, it forms the basis of the agreement documented and signed
Answer:
nominal tax shield in year 10: 6,812 dollars
present value of the tax shield: 1,837.49
Explanation:
the nominal tax shield in year 10:
We look into the MACRS table for 10-years property class: 6.55%
The depreciation expense for this year is 260,000 x 6.55% = 17,030
Then this produces a tax shield of 40% 6,812
The nominal tax shield at year 10 is 6,812 dollars
considering time value of money today this tax shield is worth:
PV: 1,837.49
Answer: In the second statement
Explanation: Supply and demand are two market forces which determines the price of a commodity. In simple words, the amount of commodity that the consumers are willing to buy at a given price is called demand and the producer are willing to sell is called supply. The situation in which the two are equal is called equilibrium.
If the demand for a product is higher than its supply then its price will increase and vice versa.
Thus, from the above we can conclude that the second statement is correct.
Answer:
According to the one percent rule, you should set aside at least one percent of your home's value every year for home maintenance. For a $360,000 house, this works out to $3,600 per year, or $300 per month.
Answer:
Ans. The value of investment after 2 years is $3,155.51
Explanation:
Hi, first we need toconvert that 9.80 percent, compounded quarterly into an effective quarterly rate, that is just by dividing by 4, since there are 4 quarters in a year, that is:
r(effective quarterly)= 9.8%/4 =2.45%
Now, since the rate is effective quarterly, the periods (time of the invesmet) has to be in quarters, so we multiply 2 years by 4 and we get 8 quarters.
With all the above information, we can go ahead and use the following formula in order to find the future value of this investment.

It should all look like this.

So, the future value of this investment is $3,155.51
Best of luck.