Dan buys a property for $210,000. He is offered a 30-year loan by the bank, at an interest rate of 8% per year. What is the annual loan payment Dan must make?
A) $18,653.76
B) $22,384.51
C) $26,115.26
D) $29,846.02
Answer: A
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A partnership is a business owned by two or more individuals
a. True b. False Indicate whether the statement is true or false
Which of the following is true of a sole proprietorship in the United States?
A) It is the most expensive way to create a business organization. B) The daily management is controlled by the owner. C) The transfer of ownership is a complex process. D) The debt of the business is shared by all stakeholders.
McPherson Company must purchase a new milling machine. The purchase price is $50,000, including installation. The machine has a tax life of 5 years, and it can be depreciated according to the following rates. The firm expects to operate the machine for 4 years and then to sell it for $12,500. If the marginal tax rate is 25%, what will the after-tax salvage value be when the machine is sold at the end of Year 4? Year Depreciation Rate 1 0.20 2 0.32 3 0.19 4 0.12 5 0.11 6 0.06
A. $9,367 B. $9,860 C. $10,379 D. $10,925 E. $11,500
The query to join the P_DESCRIPT and P_PRICE fields from the PRODUCT table and the V_NAME, V_AREACODE, V_PHONE, and V_CONTACT fields from the VENDOR table where the values of V_CODE match is _____
a. SELECT P_DESCRIPT, P_PRICE, V_NAME, V_CONTACT, V_AREACODE, V_PHONEFROM PRODUCT, VENDORWHERE PRODUCT.V_CODE <> VENDOR.V_CODE; b. SELECT P_DESCRIPT, P_PRICE, V_NAME, V_CONTACT, V_AREACODE, V_PHONEFROM PRODUCT, VENDORWHERE PRODUCT.V_CODE = VENDOR.V_CODE; c. SELECT P_DESCRIPT, P_PRICE, V_NAME, V_CONTACT, V_AREACODE, V_PHONEFROM PRODUCT, VENDORWHERE PRODUCT.V_CODE <= VENDOR.V_CODE; d. SELECT P_DESCRIPT, P_PRICE, V_NAME, V_CONTACT, V_AREACODE, V_PHONEFROM PRODUCT, VENDORWHERE PRODUCT.V_CODE => VENDOR.V_CODE;