The answer is After the seller accepts the purchase offer.
Millie is a buyer who has given her agent an earnest money check for $10,000 with an offer to purchase. The check will be deposited after the seller accepts the purchase offer.
What is Purchase offer?
- An offer could be a conditional proposition made by a buyer or vender to purchase or offer an resource, which gets to be lawfully authoritative in case accepted.
- There are numerous different types of offers, each of which incorporates a particular combination of highlights extending from estimating prerequisites, rules and controls, sort of resource, and the buyer's and seller's motives.
- When it comes to value and obligation offerings, the advertising cost is the cost at which freely issued securities are advertised for buy by the venture bank guaranteeing the issue.
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<span>The American Opportunity Credit is a tax credit that is offered on education expenses for eligible students that qualify. It is only applicable in the first four years that a student is attending a type of higher education and the maximum yearly credit caps out at $2500 per student who is eligible.</span>
The fact that Madison wants to open a restaurant and plans to employ a staff of about 10 people, including wait staff and cooks means that Madison is planning to create a flat type of organization. The units and positions within the flat organization are flat distributed, which means there are <span>few or no levels of middle management between staff and executives.</span>
<span>A supervisor can take many
steps when it comes to handling unions within the company. First that should be
taken into consideration is, the supervisor’s communication to his/ her people.
The people should know that the supervisor is always available when they need
to talk about the policies of the company and why there is no necessity to have
a third party. The employees should also have the knowledge on what is going on
inside the business. They should always be informed about the standing of the
company in the market. Another is, there
should also be an outlet where the employees can air out their concerns thus
the supervisor should also provide these outlets. Another concern that should be addressed
properly is the fairness of the pay. This means that the principle of paying the
employees must be put into mind; this is that they are paid according to the
work that they do and second is let the employee know that they are paid
fairly. Do this by market surveying the wages every year. Be honest to the
employees by letting them know the economic standing of the company. They will
surely understand the situation. The company must also remember the employees
who stood by them during the hard times by giving them fair returns when the
company is already in a good standing. Next
is, when you see that an employee is making good performance, companies must
also do their responsibility by acknowledging the efforts and giving incentives
for their good performance. </span>
Answer: $770.22
Explanation:
If she makes equal contributions then those would be annuities. The $9,000 she wants to have will be the future value of the amount currently in her account and the annuity.
9,000 = 5,000 ( 1 + r) ^ n + ( annuity * future value interest factor of an annuity, 9%, 3 years)
9,000 = 5,000 ( 1 + 9%) ^ 3 + ( Annuity * 3.2781)
9,000 = 6,475.145 + 3.2781 * Annuity
Annuity = (9,000 - 6,475.145) / 3.2781
Annuity = $770.22
