Answer:
910.18
Explanation:
After Chin's down payment the amount borrowed is ...
(1 - 20%)($180,000) = 0.80·$180,000 = $144,000
The amount of the payment is given by the amortization formula ...
A = P(r/n)/(1 -(1 +r/n)^(-nt))
for P borrowed at rate r for t years, compounded n times per year.
A = 144000(0.065/12)/(1 -(1 +.065/12)^(-12·30)) = 910.18
The monthly loan payments will be 910.18.
The expectation of a fair exchange of employment obligations between an employee and employer is called the psychological contract.
<h3>What is
the psychological contract?</h3>
- A psychological contract, a concept developed in contemporary research by organizational scholar Denise Rousseau, represents an employer's and an employee's mutual beliefs, perceptions, and informal obligations.
- It establishes the dynamics of the relationship and defines the specifics of the work to be done.
- It differs from the formal written employment contract, which, for the most part, only identifies mutual duties and responsibilities in broad strokes.
- The psychological contract refers to the expectation of a fair exchange of employment obligations between an employee and an employer.
- A psychological contract is defined as a philosophy rather than a formula or predetermined plan.
- Characteristics of a psychological contract include respect, compassion, objectivity, and trust.
Therefore, the expectation of a fair exchange of employment obligations between an employee and employer is called the psychological contract.
Know more about the psychological contract here:
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Answer:
Rose Marie received $152 in earned income and $25 in transfer payments.
Explanation:
Based on the information provided within the question it can be said that in this scenario Rose Marie received $152 in earned income and $25 in transfer payments. The $152 from her "side hustle" is basically from a service that she provided, which she worked (earned) for. Since the other payment was given to her from her grandmother, it is said to have transferred ownership, thus it is a transfer payment.
Answer: The shareholders could lose their investments.
Explanation:
The above scenario given in the question will lead to shareholders losing their investments. This is because the shareholders are not carried along with regards to happening in the company.
Also, the company is not filing the annual reports required by law and they also have failed to conduct annual shareholders meeting and their bylaws have been out of date and not followed for about four years. Also, their stock prices can be discounted due to improper practices.
