Assuming your interest rate on the loan is 8. 6%. The additional margin generated will cover the interest payments.
<h3>Additional margin</h3>
Let determine the weekly interest
Weekly interest= 8.6% /12 x 60,000
Weekly interest= $99.23
Let calculate the amount left since the business generates $500 at a margin of 80
Amount left= 500 x 80%
Amount left= $400
Based on the above calculation we can see that the amount of $400 is sufficient enough to cover the $99.23 payments.
Inconclusion the additional margin generated cover the interest payments.
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The accurate statement about the Securities and Exchange Commission is:
- <u>C. It is an independent agency that regulates finance</u>
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The Securities and Exchange Commission is a government agency that is in charge with protecting the financial interests of the country and making sure that the economy is stable.
Some of the common misconceptions about the SEC are that:
- They can convict people of crimes without a trial
- They are a part of the government’s cabinet department.
- It is associated with the legislative branch.
However, these are all wrong because their activities are totally independent and they regulate finance.
Therefore, the correct answer is option C
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Licensees can rely on the statements made by a seller (Seller Disclosure Statement), unless the licensee has reason to believe the information isn't true: True.
<h3>What is a Seller Disclosure Statement?</h3>
A Seller Disclosure Statement can be defined as a formal document a which discloses the seller's knowledge of the condition and defect of a particular property.
In Real Estate, licensees can rely on the statements that are made by a seller such as in a Seller Disclosure Statement, unless the licensee has reason to believe the information isn't true.
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B) 4 Amplitudes while the waves travels 1 wavelength and completes 1 period.
