<span>Muckrakers were writers who mostly wrote about corruption in government and business. These American journalists were critics of many things. They earned their name from President Theodore Roosevelt who borrowed the term from John Bunyan's "Pilgrim's Progress" where a customer was so occupied in raking muck that he paid no attention to anything around him. These muckrakers drew attention from the public about problems in society and garnered strong support from the progressive movement.</span>
Here, in the given case, Mort was offered a <u>line of credit </u>financial facility. Therefore, Option D is the correct choice.
<h3>What is a line of credit?</h3>
A line of credit is a versatile mortgage from a monetary group that includes a described amount of cash that you could access as needed and pay off both right now or over time. Interest is charged on a line of credit as quickly as money is borrowed.
The missing information in the question is given below:
A. revolving credit agreement.
B. asset guarantee pledge.
C. pledging agreement.
D. line of credit.
Therefore, Here, in the given case, Mort was offered a<u> line of credit </u>financial facility. Therefore, Option D is the correct choice.
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Answer:
$85,931.40
Explanation:
Present value is the sum of discounted cash flows.
Present value can be calculated using a financial calculator:
Cash flow in year 0 = $20,000
Cash flow in year 1 = $35,000
Cash flow in year 2 = 0
Cash flow in year 3 = $45,000
Discount rate = $85,931.40
I hope my answer helps you
Answer: D
uniform settlement statement
Explanation:
When buyers pick interest or when they assign their rights to someone else, they escape liability under the original contract.
Uniform Settlement Statement that the buyers and sellers should retain with their important records, so that they can both prepare their income tax returns following their real estate closings, as some of the expenses for both parties are actually tax-deductible.
Answer:
The uniform amount that can be used for scholaship, every year, first being at the end of the first year is $1,745.14
Explanation:
Hi, in order to find the amount that can be used to pay for school so the balance would last forever, given that $30,000 were left in the savings account, we need to solve for A the following equation.
Where;
r1 = 7%
r2 = 5%
n = 10
PresentValue = $30,000
Everything should look like this:
So, uniform amount that could be used for the student scholarship each year, beginning at the end of the first year and continuing forever is $1,745.14
Best of luck.
