Answer:
Physical budget.
Explanation:
A budget can be defined as the total amount of money that is required for a particular purpose. A budget shows how an individual decides to spend his/her income.
A good budget must start with the individual source of income, that is the person source of money. It is very important for an individual to know how much comes in so as to effectively plan his expenses.
Jonathan Wynn has developed a physical budget by putting a specific amount of money in different envelopes which he plans to spend each month.
What are your options? I'd say fish oil or animal based diesel fuel.
Based on Destiny's preference for investments with the highest returns without consideration of their riskiness, he will most likely be interested in <em>A. junk bonds.</em>
- Junk bonds issued by corporate entities lack investment-grade credit ratings. They usually yield higher returns than the average bonds with good investment-grade credit ratings.
- Destiny will not be interested in municipal bonds because they do not meet his high-risk appetite. Municipal bonds do not yield high returns. They are for the risk-averse investor.
- Destiny will not be interested in corporate bonds with investment-grade credit ratings because they are more secured and less risky than junk bonds.
- Finally, savings bonds will not be attractive to Destiny, as the U.S. Treasury issues them and they remain the safest investments.
Thus, Destiny's interest will be in junk bonds because he does not mind the risks but wants the highest returns from his investments.
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Supplies expense is $11,400.00.
Expenses = Beg Inv + Addl Inv - Remaining
= 5,100 + 12,400 - 6,100
= 11,400
Answer:
Del is expected to prepaid to pay $535.62 in prepaid interest at the closing.
Explanation:
The down payment of 15% is $250000*15%=$37500
The balance of mortgage net of down payment=$250000-$37500
=$212500
Interest yearly=$212500*5.75%=$12,218.75
A year interest divided by 365days give one day interest.
A day interest=$12218.75/365=$33.48
Total interest to pay at closing=16days*$33.48
=$535.62
The number of days was 16 because July has 31days and deal was closed on 15th,hence 31 minus 15 gives 16.
