Answer:
correct option is B. $1,300
Explanation:
given data
loan = $65,000
pay = 2 points
solution
As we know normally point worth = 1%
and they pay 2 point so that
2 point = 2 % = 0.02
so pay at closing for the points will be
pay closing for the points = 0.02 × loan amount .....................1
pay closing for the points = 0.02 × $65000
pay closing for the points = $1300
so correct option is B. $1,300
Answer:
The interest revenue will Savor record in Year 1 on this lease at 9% is $347,697
Explanation:
Present value of Lease Payment = $4,561,300
Less: First Payment on Jan 1, 2018 = $698,000
Remaining Balance = $3,863,300
Interest Revenue for Year 1 at 9% = $3,863,300 × 9%
Interest Revenue for Year 1 at 9% = $347,697
Answer: Check attachment and explanation.
Explanation:
a. The question has been solved. Check the attachment.
b. LAKEVIEW COMPANY
Balance sheet (Partial)
December 31
Current liabilities
FICA Payable=$4800 + $4800= $9600
Charitable contribution payable = $2400
Withheld income tax payable = $6400
State and Federal unemployment tax payable = $560
Unearned rent revenue = $5700 - $3800 = $1900
Total current liabilities = $20860
If the price of product x rises, then the resulting decline in the amount purchased will<u> increase the marginal utility of this good.</u>
The difference in overall utility that results from consuming one extra unit of a good is known as marginal utility. Economists utilize the idea of marginal utility to estimate the quantity of a good that consumers will buy.
When the overall utility is increased by the consumption of an additional item, positive marginal utility occurs. On the other side, negative marginal utility arises when the overall utility is reduced by the consumption of one extra unit. Progressive taxation are frequently defended using the law of diminishing marginal utility.
Negative, zero, or positive marginal utility are all possible.
Hence, option B is the correct answer
To learn more about marginal utility here,
brainly.com/question/15561406
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