It should disclose all the terms and conditions, otherwise the purchase agreement wouldn't be binding.
Answer:
The size of the payment = $628.63
Explanation:
<em>An annuity is a series of equal payment or receipt occurring for certain number of period. </em>
The payment in question is an example of an annuity . We can work back the size of the payment using the present value of the ordinary annuity formula stated below
The Present Value of annuity = A × (1- (1+r)^(-n))/r
A- periodic cash flow,= ? r- monthly rate of interest - 4.25%/12= 0.354%
n- number of period- (71/4×12)= 87.
Let y represent the size of the payment, so we have
47,000 = y × ( 1-1.00354^(-87))/0.00354
47,000 = y× 74.76
y =47,000/74.7656= 628.63
The size of the payment = $628.63
Answer:
c. ethical climate.
Explanation:
<em>Ethical Climate is the moral atmosphere that domains and is practiced by a company in a work environment. </em>
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Answer:
correct option is $31,250
Explanation:
given data
home sold gain = $45,500
to find out
gain may Jamie exclude from gross income in year 2
solution
as given November 1 purchase home February 1 sold
so we know here that Maximum exclusion will be
Maximum exclusion = $250,000 × 
Maximum exclusion = $31,250
so here $31,250 may Jamie exclude from her gross income in year 2
correct option is $31,250
