Answer:
The correct answer is False.
Explanation:
Taking into account the nature of the marketing intermediary, Jessica Talmadge can be said to act as such, since the agent simply acts as an intermediary for the operation and is not obliged to relate directly to it. The agent is in charge of putting all her knowledge so that the process is carried out in an easier and cleaner way.
Answer:
$11.38
Explanation:
For this specific asset, it can be calculated that the offering price is $11.38 . That is because the offering price includes a 6% front-end load, this means that for every dollar that is paid only $0.94 actually goes to the purchase of the share. Therefore we can do the following calculations ...
$10.07 / (1 - 0.06) = $11.38
Making the final offering price $11.38
Answer:
B. amortizing the debt.
Explanation:
Amortization is the process of decreasing the net value of a loan through periodic repayment of part principal and interest over time. Monthly repayment of loans and mortgages are the most common form of debt amortization.
Amortization is also known as installment payments. A fully amortized debt have equal monthly repayments. The amortization schedule helps a borrower track the progress of his loan repayment. The term amortization also refers to the process of spreading the cost of intangible assets throughout their estimated useful lives.
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