Answer:
Grease payment
Explanation:
A grease payment is a payment made to a government official with the goal of expediting a transaction, process or request. It can be obtained through extortion from the government official, by voluntary contribution from the non-goverment official, or by mutual agreement, either explicit, or implicit.
In practice, it is essentially the same as a bribe, and the term could be considered a colloquial euphemism.
Answer:
Explanation:
The reverse mortgage is the mortgage which is give to the people who age is 62 years or below . The main aim of providing reverse mortgage loan is to take the loan in exchange of collateral security. The collateral security here means the home which is belongs to the borrower. The loan amount is depend upon the value of the home. The time period to repay the amount is of 6 months . If an borrower is unable to pay the amount, than bank or financial institution has the right to recover the loan amount by selling the house property of the borrower, and also it does not entertain with the monthly payments.
Answer:
The best consumption bundle is (b)
Explanation:
The best consumption bundle is always the one which satisfies the most. In the above scenario, Jennifer wants to buy both DVDs and albums. The cost of DVD and album is $15 and $ 7.5 respectively. The best combination is to buy 2 DVDs they will cost her 30$, and with the remaining 15$ she can buy two albums. So, the best combination is 2, 2.
Answer:
$287,924.84
Explanation:
We are to calculate the future value of the annuity
The formula for calculating future value = A (B / r)
B = [(1 + r)^n] - 1
FV = Future value
P = Present value
R = interest rate
N = number of years
[(1.12)^17 - 1] / 0.12 = 48.883674
$5,890 x 48.883674 = $287,924.84
Answer:So, a capital gain is a profit that occurs when an investment is sold for a higher price than the original purchase price. Investors do not make capital ...
Explanation:
