28875
Explanation:
Rosa borrowed $26400 for remodeling of her kitchen on home equity loan.
Promissory note bearing interest of 12 and 1/2% or 12.5% or 0.125.
Total amount Roma has to pay in the due which means the end of <em>18 months.</em>
- 1st Principal amount is $26400 = P
- 2nd Rate of interest is 12 and 1/5 %. = R
- 3rd Time days/month/week taken to pay the total amount. =T
- P= $26400 , R = 12.5 % and time is 18 months
<u>Adjustments:-</u>
- R = .125 T = 18/24 (calculated on a monthly basis, 1 year has 12 months)
- PRT = Interest on a due date
- I = 26400 * .125 * 0.75 = 2475
- 2475 interest charged for 18 months
- Total amount Roma has to pay in the due date ?
Answer:
Design planes
Explanation:
Aerospace engineers are the category of engineers that deal with the design, research, construction, and maintenance of aircraft. They are trained at the universities. Aerospace engineers are employed by factories that build and maintain aircraft, missiles, spacecraft, and other airborne objects.
To solve this problem, we should recall that the formula
for Weighted Average Cost of Capital (WACC) is:
WACC = (E / V) * Re + (D / V) * Rd * (1 – Tc)
Where,
WACC = 0.132
E / V = percentage of financing or percentage of equity =
1 – percent debt = 1 – 0.3 = 0.7
Re = the cost of equity (unknown)
D / V = percentage of debt = 0.3
Rd = cost of debt
1 - Tc = corporate borrow rate = 0.08
Therefore substituting all given values into the WACC
equation:
0.132 = 0.7 * Re + 0.3 * 0.08
Re = 0.1543
Answer:
The cost of equity Re is 0.1543 or 15.43%.
Answer:
Your duty of confidentiality to your client dictates that you not disclose your client's financial situation to the seller.
Explanation:
In this case, your client (Crystal) is very wealthy or at least has a lot of money to spend on a house. But you have a duty with her to not reveal that she is very wealthy and could pay a higher price for the property.
Many times wealthy buyers hire agents that do not disclose who their principal is or only partially disclose their identity because they fear that the selling party might want to increase the price of the property if they knew who was interested in it.
E.g. you have 1,000 acres of land and wish to sell it, and someone from Disney came in and told you they were looking for a new place to build a theme park. If you were willing to sell your land at let's say $2 million before, the moment you hear Disney the price goes up to $10 million at least.
