6 times 5 is 30 the answer would be 6%
Experimental psychology refers to work done by those who apply experimental methods to psychological study and the processes that underlie it. Experimental psychologists employ human participants and animal subjects to study a great many topics, including (among others) sensation & perception, memory, cognition, learning, motivation, emotion; developmental processes, social psychology, and the neural substrates of all of these.[1]
Answer:
Bank X will received: $13,554.73.
Explanation:
* Calculation of Betty equal monthly repayment by using present value formula for annuity: 19,800 = PMT/1% x ( 1 - 1.01^-36) <=> PMT = $657.643
* The effective annual rate at the time of loan selling is calculated as: (1+14%/2)^2 - 1 = 14.49% => The monthly discount rate is 1.1449 ^(1/12) -1 = 1.134%
After the 16th payment is made, there is another 20 equal repayments, made at the end of each months; so we have 20 discounting periods, PNT = 657.643; discounting rate = 1.134%
=> Price Bank X receives = Present value of the repayment stream = 657.643/0.0134 x [1 - 1.0134^(-20)] = $13,554.73.
Answer: $15,000
Explanation:
Comparable B is a 4 bedroom house with no swimming pool right.
Okay.
And we also know that a room adds $20,000 to the value of a house as well.
So if Comparable B was a 3 bedroom house instead of a 4 then what would it be?
= $280,000 - $20,000
= $260,000
The means that a house with no swimming pool such as Comparable B but with 3 bedrooms will be valued at $260,000.
But instead Comparable A has a 3 bedrooms yet is valued at $275,000 with the only apparent difference being a swimming pool. The pool therefore accounts for the difference which is,
= 275,000 - 260,000
= $15,000
This means that $15,000 is the value of the pool.
