The seller will pay $444 in transfer tax. Multiply the transfer tax rate. 0037 ($0.37 per $100) by the value of the property ($120,000) will the seller pay in transfer tax if the rate is $4 per $1,000 of the sales price.
After the seller has been paid and all payments have been made, the remaining amount is said to be net to the seller. Calculating the net-to-sellers ratio is very simple. Simply subtract the seller's costs and liabilities from the selling price.
To calculate the prorated tax amount, multiply the annual tax amount by 105%. Then he divides that number by the number of days in a year. The sales price must be held responsible for the amount of unpaid property taxes for the number of days the property was occupied prior to the date of sale.
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Answer:
Demand Increase = Supply Increase : No change in price, quantity increases
Demand Increase > Supply Increase: Price increase, quantity increase
Demand Increase < Supply Increase : Price decrease, quantity increase
Explanation:
Markets are at equilibrium where market demand = market supply. And, upward sloping supply curve intersects with downward sloping demand curve.
If both demand & supply of dog treats increase, the effect on change in price & quantity will depend on their relative magnitude
- If increase in demand = Increase in Supply : Both the curves shift equivalently rightwards. At new equilibrium - there is no change in price, as demand increase is fulfilled by supply increase. The equilibrium quantity increases
- If increase in demand > Increase in Supply : Demand curve shifts more rightwards than supply curve. This creates excess demand & competition among buyers increase the new equilibrium price. The equilibrium quantity also increases.
- If increase in demand < Increase in Supply : Supply curve shifts more rightwards than demand curve. This creates excess supply & competition among sellers reduce the new equilibrium price. The new equilibrium quantity increases.
Answer:
The amount of effective interest expense that chaco will record in the first six months is $14,375
Explanation:
interest payment that will be first made is on June 30, Year 1. Therefore, the outstanding balance used in the calculation is the issue price.
The interest expense is calculated by these formula
Interest expense = Effective semiannual interest rate × Outstanding balance
Interest expense = (8% ÷ 2) × $359,378 = $14,375
So the interest expense is gotten as %14,375
The rounded nearest dollar is 
<u>Solution:</u>
Deposit multiplier is a feature that explains how much money banks create when they loan money to borrowers.
The sum for the banks to lend is the amount of money kept by the banks above the appropriate balance.
It is the key element of a fractional banking reserve system.
Banks in the United States must meet Federal Reserve minimum requirements, but they can set higher deposits multiplier.
Change in deposit = 
RRR = 0.110
Change in the Money supply = (Change in the Monetary base) 
(Money multiplier)
Money multiplier= 
Change in money supply= 
that is approximately 12727.27 dollars.
Explanation:
the rotation the action of rotating an around axis center
