Answer:
The correct answer is C.
Explanation:
Giving the following information:
A local magazine is offering a $2,500 grand prize to one lucky winner. The prize will be paid in four annual payments of $625 each, starting one year after the drawing. The interest rate is 9%.
First, we find the final value:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {625*[1.09^4-1]/0.09
FV= 2,858.21
PV= FV/(1+i)^n
PV= 2,858.21/1.09^4= 2,024.83
Answer:
$877.30
Explanation:
The cost of one table is $762.87
mark-up is 15% based on the selling price
If mark-up is 15%, then selling price will be 115 % of the cost.
Cost = $762. 87
$762.87 = 100 %
115% =762.87/100 x 115
=7.6287 x 115
=877.30
selling price will $877.30
<span>A simple, safe and easy way to reduce the cost of running your vehicle is to avoid the fast start and sudden stops. during the initial startup of the engine, the engine in the vehicle require the tires and vehicle to work harder to maintain with the road surface. The impact of the wheel to the road may cause wear in the long run and the injection of air into the engine for the combustion to occur may be too sudden. Not only your engines will wear in the long run, but also, you are harming yourself into a possible accident such as buildup of pressure causing it to blow up.</span>
Answer:
C. More leisure time
Explanation:
Leisure time is the time spent away from work, business, school, or doing domestic chores. Spending time in necessary activities such as eating or sleeping is not leisure. Leisure activities include cycling, taking holidays, hiking, or cycling.
Starting a business is not a leisure activity. Engaging in recreation activities away from the enterprise is leisure.
Answer: The rule of foreclosure will apply to the given case
Explanation: When any property gets foreclosed or the lender sold it due to the repayment issues from the other party's side. Then the repayments of debt regarding that property or debt are made in the following order :-
1. Cost of sale to lender
2. special assessment and general taxes
3. Mortgages
4. other debt
The above will be the order of repayment by Brett.
