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3 years ago

How many back-up contracts can be created using the trec-promulgated addendum?

1 answer:

3 0

The answer for this question is: ONE
In this case, TREC stands for Texas Real estate commission. The Back-up contract is created to determine the buyer next-in line to purchase the property.
By making this, the seller will be obligated to approach next-in line buyer if the first buyer fail to fulfill the approved contract

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Maybepay Life Insurance Co. is selling a perpetual annuity contract that pays $3,000 monthly. The contract currently sells for $

zmey [24]

Solution:

1 : The interest rate that fits the lifetime cash flows to the PV of cash flows is expected here.

PV of an equation of perpetuity:

PV = C/ r

$326,000 = $3,000 / r

With the interest rate, we could now solve the following:

r= $3,000 / $326,000

r= 0.0092 or 0.92% per month

2 :The interest rate per month is 0.92 percent.

In order to calculate the APR, the number of months in a year is determined by:

APR = (12) 0.92%

APR = 11.04%

3 : And using the equation to find the EAR, we find:

EAR = [1 + (APR / m)]m– 1

EAR = [1 + 0.0092]12– 1

EAR = 0.1162 or 11.62%

3 0

4 years ago

In order to make sure that workers who leave their jobs are protected in case they need to be replaced the family and medical le

olga_2 [115]

<span>a similar position in the same company with the same pay as their old jobs.</span>

7 0

3 years ago

Read 2 more answers

Decide whether the law should be interpreted to forbid motorcycles, bicycles, children's pedal cars, and battery-powered remote-

PilotLPTM [1.2K]

Answer:

1 motorcycles should be forbidden

2 bicycles should not be forbidden

3 children's pedal cars, and battery-powered remote-control cars should not be forbidden from pathways

Explanation:

1. motorcycle: these emit gases into the air that are not fit for the environment. apart from causing pollution, they are a source of noise pollution and they could cause accidents in the parks. therefore they should be banned.

2. bicycles: bicycles are manually powered, they should not be banned in the park because they are not a source of noise pollution and neither do they pollute the environment. riding a bicycle should be encouraged as it is a good way of keeping the body fit

3. children's pedal cars, and battery-powered remote-control cars: they should not be restricted because a recreational park is the best place for children to use them. they do not bring about harms to the environment or to people.

3 0

4 years ago

Suppose the tax rate on the first $10,000 of income is 0 percent; 10 percent on the next $20,000; 20 percent on the next $20,000

Mrrafil [7]

Answer:

A. $7500

Explanation:

First 10000 : 0%

Next 20000: 10%

Next 20000: 20%

Next 20000: 30%

Over 60000: 40%

Therefore income of $55000 would have a tax liability as such

First - 0% of 10000 = 0

Second - 10% of 20000=2000

Third - 20% of 20000= 4000

Fourth - 30% of 5000= 1500

Total tax liability (TTL)= 0+2000+4000+1500

TTL = $7500

6 0

4 years ago

Read 2 more answers

Taylor is analyzing the effects of wage rates on the supply of laptop computers. By using the ceteris paribus assumption, Taylor

Maru [420]

By using the ceteris paribus assumption, Taylor is holding the

holding all costs of production other than the wage rate constant

not considering retail price of laptop computers

<h3>What is ceteris paribus?</h3>

Ceteris paribus is a Latin phrase used in economics that means all other things being equal in English. It is used when studying the effect of one variable on another variable to mean that other variables that can affect the variable being studied is assumed to not change.

When Taylor is analyzing the effect of wage rates on the supply of laptop computers. By using the ceteris paribus assumption, he is assuming that other factors that would affect the supply of laptops are assumed to be constant.

The other factors that might affect the supply of laptop computers include:

cost of production
retail price of laptops

Here is the complete question:

Taylor is analyzing the effects of wage rates on the supply of laptop computers. By using the ceteris paribus assumption, Taylor is __________.

Select the two correct answers below.

Select all that apply:

holding the supply of laptop computers constant

holding all costs of production other than the wage rate constant

holding wage rates constant

not considering retail price of laptop computers

To learn more about ceteris paribus, please check: brainly.com/question/13864080

#SPJ1

7 0

2 years ago