Answer and explanation:
Rental agreements are legal documents where the landlord or owner of the property establishes to whom, what, when, and for how much a property or part of it will be leased. The landlord becomes responsible for granting conditions that allow the regular and peaceful living of the tenants within the property and the tenant becomes responsible for damages caused to the property and for the payment of rent on a regular basis established in the agreement.
<em>In Jesse and Francis's case, they hear their friends are renting their room on the weekends using an online house rental service. Under the rental agreement that would not be allowable since Jesse and Francis's friends would be leasing a property that does not belong to them. They cannot become landlords being only tenants. The real owner of the room can even evict the tenant for breaching the contract.</em>
Answer:
The correct answer is 9.56%
Explanation:
Before tax cost of Debt = rate(nper,pmt,pv,fv) * 2
nper = 25*2 = 50
pmt = 1000*12%*1/2 = 60
pv = 1230.51
fv = 1000
Before tax cost of Debt = rate(50,60,-1230.51,1000)*2
Before tax cost of Debt = 9.56%
Answer:
FV= $1,260,205.98
Explanation:
Giving the following information:
Annual deposit= $5,250
Number of years= 35 years
Annual interest rate= 0.0947
To calculate the final value, we need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {5,250*[(1.0947^35)-1] / 0.0947
FV= $1,260,205.98
Answer:
I used an excel spreadsheet to record the accounts using the accounting equation.
What is the ending balance of cash after all transactions have been recorded?
$163,900
Employees who are paid a set annual wage regardless of the number of hours worked or the amount of work completed are paid on a(n) salary basis.
