Answer: If you want to purchase any kind of goods and services like furniture, appliances, electronic gadgets, and other such items but you do not have enough money or cash or credit to purchase it, then the rent to own becomes your lender of last resort.
They are the business where they collect weekly or monthly payments of the product and until the cost of the item is not covered and then the items come in the buyer’s possession after the payment is made in full.
Answer:
It can be greater as well as less.
Explanation:
1st of all we should know what is Future Price and what is Stock Index.
The futures price can be more or less that the predicted fee.
When futures costs are lower than predicted price spot fees, the situation is known as normal backwardation.
When futures prices are higher than anticipated spot charges, it is called normal contango
Answer:
Explanation:
The journal entry on April 13 for receipt of payment from customer is as follows:
Date Account title and explanation Ref Debit Credit
13-April Cash ($5000 - $150) $4,850
Sales discount ($5000* 3%) $150
Accounts receivable
$5000
(To record the receipt of payment from customer net of discount
Answer:
more will you have to save each month 981.9
Explanation:
given data
time = 30 year = 30 × 12 = 360 months
expected earn = 8.5 % = 
= 0.0070833
time = 10 year = 10 × 12 = 120 months
future value = millionaire = 
solution
we consider here saving end of this month = x
and saving end of 10 year = y
now we solve for x
= x × 
= x × 
x = 605.8
and
= y ×
= y × 
y = 1594.9
so here we require more amount to save is y - x in end of each month = 1594.9 - 605.8 = 981.9
