Ginger owns a property worth $500,000. She owes $220,000 on her mortgage. How much equity does she have in the property? 44% 82% 56% 27%
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- F1. Subject :- finance a business worth $125,000 is expected to grow at 3% per year compounded annually for the next 2 years. Find the expected future value.Describe three criteria of the 13 minimum standards on which plan status is determined to qualify retirement plans for preferential tax treatment.Ronny took out a 7-year mortgage. For 7 years, he paid the lender monthly payments of $950. Then, after 7 years, his last payment comes due at $55,000. What kind of mortgage did Ronny most likely have? a partially amortized loan a wraparound loan an FHA lean a reverse mortgage
- James sold his home for $379,000. If the real estate commission was 5.5%, how much commission did he have to pay? O $20,845 to the listing broker. O $10,422.50 to the listing broker and $10,422.50 to the selling broker. O $45.845 to the listing agent. O $20.845 to the buyer's broker.In order to raise capital, XYZ company decided to issue loan certificates. The loan certificates have fixed interest rate of 20% and payable over 10 years. Therefore, XYZ company is raising capital through O None of the options Selling shares Debentures Equity finance IIIf you have the following information Discounted Cash Flow Year Cash Flow Discounted Cash Flow 0 $ - 22 million 1 $2 million 2 $2 million 3 $8 million 4 $8million 5 $12 million The discount rate is % 5 Calculate the NPV
- Please refer to the image attached below to answer the following question: B) Could you please calculate the inheritance tax liability if Liz dies and she has a will where she transfers everything to her husband?Jaconet Brunette opened a beauty salon in Menlyn shopping center in Pretoria. She grew up in an entrepreneurial home and except for a short period in training, had always had her own business. After 3 years of establishing the salon, she had four employees and her turnover had trebled. She opened a second salon after 1 year in Hatfifield in Pretoria some 5 km away from the old salon. She appointed her best employee to run the business, hoping to convert it into a franchise eventually. She went to a major exhibi tion in London and managed to identify a range of products to import exclusively for the franchise system. A few containers were imported and most of the products were sold. It did, however, require additional fifinancing from the bank and time to arrange for clearing of the goods at Customs and Excise in Kempton Park. The Hatfifield branch never seemed to take off and only managed to break even. Jaconet spent a lot of time at the Hatfifield branch trying to develop a…Describe 3 criteria of the 13 minimum standards on which plan status is determined to qualify retirement plans for preferential tax treatment
- Are there any pre-requisites to form a PortfolioMarcia bought a home. She paid $475,000. Her loan amount was $380,000. Calculate her LTV ratio. 85% 92% 77% 80% hYou’re getting ready to expand yourwoodworking hobby into a full-time business ofbuilding custom kitchen cabinets. To create top-qualitycabinets, you know you’ll need to upgrade from theconsumer-grade machinery you have now toindustrial-grade equipment. The new equipment willbe much more expensive but, if properly cared for,should last for decades, and you hope to be inbusiness for at least 20 years. If the overall costs ofleasing this equipment or borrowing money to buy itare roughly the same, which financing method wouldyou choose? Why?
