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Sergio039 [100]
3 years ago
14

A property has a first mortgage of $200,000, a second mortgage of $50,000, and a third mortgage of $20,000. It is foreclosed and

sold for $245,000. The holder of the third mortgage gets $________ and the holder of the second mortgage receives
Business
1 answer:
Papessa [141]3 years ago
4 0
234 with twelve chickens in a row of the other one
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"what is unsolicited email that plagues employees at all levels and clogs email systems?"
Naddik [55]
Unsolicited email that plagues employees at all levels and clogs email systems is also known as spam. Spam emails are typically flooding everyone within the organization, with the same message and is usually something one would not choose to receive. The majority of spam emails that are sent out are commercial advertising which takes time away from receiving other necessary emails. 
4 0
3 years ago
You put aside $300 a month in an account that returns 9% a year, compounded monthly. How long do you need to contribute to save
Anettt [7]

Answer:

36 years 4 months and 2 days

Explanation:

Data provided in the question:

Monthly payment = $300

Rate of return, i = 9% = 0.09

Future value = $1,000,000

Now,

we know

Future value = Monthly payments × \left[ \frac{(1+i)^{n}-1}{i} \right]

or

1000000  = $300 × \left[ \frac{(1+0.0075)^{ }-1}{ 0.0075 }

or

\frac{ 1000000}{ 300} &= \frac{ 1.0075^{n} - 1}{ 0.0075}

3333.33333 &= \frac{ 1.0075^{n} - 1}{ 0.0075}

1.0075^{n} - 1 &= 3333.33333 \times0.0075

or

1.0075ⁿ - 1 = 25

or

1.0075ⁿ = 26

ln( 1.0075ⁿ) = ln(26)

or

n × ln( 1.0075 ) = ln(26)

or

n = [tex]\frac{ \ln (26) }{ \ln( 1.0075 ) }[tex]

or

n = 436.04  months

or

n = 36 years 4 months and 2 days

5 0
3 years ago
Read 2 more answers
Your client, Tom, asks you to prepare his financial statements. He is especially curious about his net worth. He asks you to exp
Vilka [71]

Answer: Balance sheet

Explanation: In simple words, balance sheet refers to the statement which is prepared by an entity at the end of the financial year for depicting its assets, liabilities and equity in hand at that particular point of time.

Balance sheet shows the net worth of an entity at the end of the year and can also be used to evaluate how much of the assets are funded with the capital and  for how much any liability has been taken over.

Thus, from the above we can conclude that the correct answer is balance sheet.

6 0
4 years ago
Even though the research and development team of Orbiton Computer Inc. came up with promising technological innovations, the inn
nordsb [41]

Answer:

C

Explanation:

An organizational suitability statement for employees points out the reasons why the organization think their experience and skills are suitable for the position they are applying for in the organisation.

A suitability statement, known as a personal statement, shows a summary of the key skills and experience you possess for a given job

Thus Orbiton Computer's failure can be attributed to the lack of organizational suitability meaning the employees are not suitable and dont have the required skills for this job. They need to find the adequate skills for the job.

7 0
3 years ago
Where are did spain settle in
Natasha2012 [34]
Christopher Columbus discovered the Jew World, but did not know that it was an unknown world. Because of his voyages, Spain was ablemto settle in present-day Florida and Mexico. Spain also settled down in most of Latin America. Also, Spain settled in half of South America. Although, now al of the places they settled in have revolted and gained independence from Spain, or were sold to other countries and later got their independence.
6 0
3 years ago
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