Answer:
$8058
Explanation:
10/20/5 stands for a series of discount rates applicable on the list price. It means on total amount, 10% discount is allowed, then post deduction of this 10%, a further 20% on the balance is allowed and then a further 5% is allowed on the balance.
In the given case, single equivalent discount would be calculated as follows,
$25,500 × 10% = $2550
Then, ($25,500 - 2550) × 20%= $4590
Then, ($25,500 - 2550 - 4590) × 5% = $918
Single equivalent discount amount = $2550 + 4590 + 918 = $8058
Answer:
Market risk premium.
Explanation:
The difference between average annual returns on common stocks and returns on long-term government bonds is called a market risk premium.
Basically, market risk premium is typically determined by taking the slope of a security market line (SML); which is used by economist as a graphical representation of the capital asset pricing model (CAPM).
Market premium risk is used to determine the quantitative measure of the extra return demanded by market participants for the increased risk.
I would say that quality catering has a production-oriented culture where meeting production targets on time is prime and the fact that the manager rewards the meeting of those targets is good but he shouldn't ignore the need for employee development and satisfaction as that could have an adverse effect in the long term.
Answer:
Resources are limited.
Production requires resources.
Everyone wants or needs goods.
Explanation:
Different regions provide different resources that people can use for their business. People in that region need to understand the type of resources that are available for them and produce the goods that can be sustained by the available resource.
This scarcity means that acquiring resources require a certain amount of capital. Since people do not unlimited capital, they have to be picky with their consumption/production to ensure the ones with highest priority are fulfilled first.
On top of that, everyone wants or needs goods. Meaning that in order to obtain a certain resources, people will have to face competition. As the competition become more fierce, the sacrifice that is needed to obtain a certain product is increased. This is also why they have to watch out which product they should choose to consume.
The amount the borrower would deliver at closing is $21,974.75
What does 1.5 points mean for mortgage?
The 1.5 points refer to 1.5% of the loan amount, as a result, the total amount the borrower would have to deliver at closing is the down payment of 10%(100%-90%) plus 1.5% of the loan amount
loan amount=purchase price*90%
purchase price=$216,500
loan amount=$216,500*90%
loan amount=$194,850
down payment=purchase price-loan amount
down payment=$216,500-$194,850
down payment=$21,650
1.5% of down payment=1.5%*$21,650
1.5% of down payment=$324.75
total payment at closing=$21,650+$324.75
total payment at closing=$21,974.75
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