Answer:
The recorded balance will be = $445500
Explanation:
We have given that Metlock purchases the land for cash $430000
Property tax = $4600
The title and attorney fee = $2900
The clinic had a land graded for $8000
We have to find the amount the Metlock lnc record as the cost of land
The record will be equal to = $430000+$4600+$2900+$8000= $445500
So the recorded balance will be = $445500
The real interest rate = 5%
Inflation rate = (CPI 2013 - CPI 2012) / CPI 2012
= (231 - 220) / 220
= 11 / 220
= 0.05 or 5%
Real interest rate = nominal interest rate - inflation rate
= 10% - 5%= 5%
Hence, the real interest rate is 5%
<h3>What is a loan?</h3>
A loan is a financial instrument that allows you to borrow money from a lender in order to finance a purchase or investment. The amount of the loan can be based on specific terms and conditions, and usually requires either an down payment or collateral.
Once you have submitted the application, your lender will contact you for additional information, including your credit history and other relevant details. After reviewing this information, the banker may authorize or decline your loan request according to their discretion. If approved, you will then need to provide documentation such as an applicant profile form (IFS), proof of income/employer verification letter(s), bank statement showing funds available in account etc., before closing the transaction.
To know more about loan, visit:
brainly.com/question/9471571
#SPJ4
Yes they should because it takes time to learn new things at a new job
Answer:
modified capitalism.
Explanation:
Capitalism is defined as an economic and political structure where factors of production are controlled by private individuals aimed at gaining profit. The state does not have control of trade and industry.
However in modified capitalism the government has some level of control which they exercise by regulating business activities to some extent.
On the other hand in pure capitalism all decisions related to trade and industry are determined by only private entities
