<span>By renting a home instead of purchasing one, you are paying someone else's mortgage every month and getting nothing in return. While you are gaining a home to live in for the short term, in the long term you will gain nothing. When you purchase a home you will have a home that you own and that you cannot be evicted from as long as you pay your mortgage.</span>
When the initial cost of Machine A is $6,000 and that of Machine B is $8,500, then both the machines will have the same current value at the end of 10 years.
<h3>What is the meaning of current value?</h3>
The present market value of an asset that prevails in the market is known as the current value of an asset. Using the given conditions, the current value will be the same as computed under,
Putting the given value and solving further we get,
Hence, the significance of current value is aforementioned.
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Answer:
d. doesn’t have an employer-sponsored pension or retirement plan.
Explanation:
The Pension Protection Act provides for the benefit of employees, which is through their own and employer contributions.
This is a policy to provide benefit at times when the person turns old or is not physically fit to perform any job and this, provides pension in terms of money.
Here, if Seng being a single mother is not eligible for this, means that she did not had any employer who could sponsor her for such plan.
As this pension plan had to be sponsored by the employer Seng might did not had any employer.
Answer:
C, none of the choices
Explanation:
from the qeustion, it can be seen that Uri was offered a test ride of the car but he clearly refused. For him to have bought that car without a test drive and later realise the car has a faulty suspenion, he cannot rescind the contract on any of the bases because if he had agreed to the test drive, he would have found out about the faukty suspension and woudn't have bought that car.
It is clearly Uri's fault that he ended up with a car that has a faulty susppension. this isn't a case of fraud or mistake on the part of Stan, neither did Stan unduely influence him to buy the car according to the question.
Cheers.
Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
