How much the money you have !!!
Answer:
The broker can take the listing without being an agent of the seller
Explanation:
The broker may list the property if he/she is either a seller's agent or a transaction broker. Transaction brokers are considered to have a working relationship with the owner, while the seller's agent has an agency relationship with the owner. A transaction party is a neutral agent, he/she doesn't owe loyalty to neither the seller nor the buyer, while a seller's agent is required to advocate for the seller and owe the seller loyalty.
Someone is either a transaction broker, a seller's agent or a buyer's agent, but he/she cannot be two things at a time.
Answer:
a. Write a function that determines the investment's value (in dollars) in terms of the number of years t since the investment was made: 13,000 * (1 + 0.0236/12)^(12t) = 13,000 * 1.001967^12t
b. The investment's value after 20 years: $20,833.58
c. How long it will take for the investment's value to double: 352.8 months or 29.4 years.
Explanation:
a. As the interest rate is 2.36% APR compounded monthly, the monthly interest rate is 2.36%/12 and the Effective annual rate of is ( 1 + 0.0236/12)^12 - 1
=> After t years of investment, the value of the account is decided by the function: Interest receipt + Initial investment = Initial investment * [ ( 1 + 0.0236/12)^(12t) - 1 ] + Initial investment = Initial investment * 1.001967^12t = 13,000 * 1.001967^12t
b. Apply the function above, we have: The investment's value after 20 years = 13,000 * 1.001967^12*20 = 20,833.58
c. The investment's value is double means: 1.001967^12t = 2 <=> 12t = 352.8
<=> t = 29.4 => it will take for the investment's value to double: 352.8 months or 29.4 years.
I might be so wrong but I think it is B
hope it was right have a awesome day :)
Answer:
$635,750
Explanation:
Net working capital = Current Asset - Current Liabilities
= $603,750 + $185,000 - $153,000
the project's initial cash flow for net working capital