I guess the correct answer is Scientific Law.
Scientific Law is rule of nature that tells you what will happen under certain conditions.
Answer:
Susan qualifies for the loan under section 403(b) plan at work. However, this loan should be well negotiated as regards repayment of the interest elements and the principal.
Explanation:
When a loan is taken up, one has invariably taken up the pledge to repay the Principal component and the Interest element. At the point of funding the loan, a good and favorable interest rate should be well negotiated. As an active employee, the repayment is taken from the monthly pay, after the deduction of statutory tax payment.
It must be advised that Susan should pursue the intention of applying for the loan with utmost faithfulness, as a deviation from this will be frowned upon. Such loan are not to be invested and/or diverted for other purposes.
Susan should properly understand the attending obligation before her - the repayment of principal and interest within the agreed period of time. A default is not advised as this comes with a penalties. The entirety of the loan may be treated as an income, and subsequently taxed in same breath. Plus other penalties.
Answer:
False
Explanation:
In legal proceedings one need to publish that there are the facts that reveal that the circumstances on the factual basis are true.
Mere chances that it might have happen are not conclusive to declare that plaintiff is correct.
Thus, he needs to establish that there were damages caused and not only the possibility that the damages could occur.
In the given instance it assumes that the facts merely if establishes that there could be damages will not let the plaintiff win the case.
Answer:
Gross profit = $4,305
Explanation:
<em>The average cost per unit is the total cost of the goods available for sale divided by the total units of goods available</em>
Average cost per unit=
= (250× 6) + (490 × 6) + (740 at $7 )/ (250 +490 + 740)
=$6.5
Cost of golds sold = 1,230 ×6.5 = 7995
Gross profit = Sales Revenue - Cost of goods sold
= (1230 × 10) - 7,995
= $4,305
Answer:
$1,045,517.95
Explanation:
Data provided in the question:
Semiannual payments = $193,000
Number of semiannual payments, n = 6
Annual interest rate, i = 6% = 0.06
when compounded semiannually = 6% ÷ 2 = 3% = 0.03
Now,
Single Payment = Semiannual payments × PVAF
here,
PVAF = [ 1 - (1 + i )⁻ⁿ ] ÷ i
or
PVAF = [ 1 - (1 + 0.03 )⁻⁶ ] ÷ 0.03
or
PVAF = 5.4172
Therefore,
Single Payment = $193,000 × 5.4172
= $1,045,517.95
