Answer:
Borrowed amount = $5417
Explanation:
Discount note = 4%
This means that Kaylee has 100 - 4 = 96% of the borrowed amount at hand
Cash at hand = $5,200
Let the borrowed amount = X
Cash at hand = 96% of X
5200 = (96/100) * X
X = (5200 * 100)/96
X = $5417
Borrowed amount = $5417
<span>Job cost sheets which are maintained by the project management team constitute the subsidiary ledger for keeping the inventory of work in process. This keeps a check on the resources provided by the client and resources going out to the team member of the job. Thus these job sheets make a list of the costs involved in the job until it’s completed.</span>
The formula for exponential growth rate is:
A = Ao e^(k t)
where A is the final standard of living, Ao is the
initial, k is the growth rate constant in decimal = 0.08, t is time elapsed
So we will find t at A/Ao = 2
A/Ao = e^(k t)
2 = e^( 0.08 t)
t = 8.66 ~ since more than therefore 9
So by the time they reached age 29
Answer: B. Once Bobby-Lee dies, Judy will own the "fee simple" title to the property.
Explanation:
In the Life Estate arrangement, a person is granted use and ownership of a property for as long as they are alive. When they die however, if a Remainder also known as <em>Remainder- man</em> is named, then the property rights transfer to the Remainder- man.
The Remainder-man then gets access to the property and owns in to the highest extent of the law which in common law countries such as the United States, is the Fee Simple title ownership. This gives them the right to basically do what they want with the property.
Bobby-Lee therefore gets the rights to the property but once he dies, his sister Judy will own a <em>fee simple</em> title to the property.
