Answer:
6.25
Step-by-step explanation:
150/6/4=6.25
Answer:
k
Step-by-step explanation:
Answer:
The remnant of an estate that the grantor holds after he's granted a life estate to another person if the estate will return to the grantor, is called D) Reversion
Step-by-step explanation:
The correct answer is D) Reversion because, according to the Real Estate definitions, reversionary interest refers to future interest that reverts to a grantor, reversionary right refers to the return of the rights of the possession and quiet enjoyment to the lessor at the expiration of a lease and remainder estate refers to the remnant of an estate that has been conveyed to take effect and be enjoyed after the termination of a prior estate.
Each of the members must raise at least $69.46.
To start they need to raise $552.50. However, they have already raised 12% of it. They only need to raise 88% of it.
552.50 x 0.88 = 486.2
Divide the remaining amount by 7 to determine how much each individual must raise.
486.2 / 7 = 69.46
