Simple interest Samenvattingen, Notities en Examens

A buyer purchases a rental home that is fully furnished. The document used to transfer title to the furniture is: a. quitclaim deed b. bill of sale c. special warranty deed d. general warranty deed - Answer- b. bill of sale Deeds transfer title to real estate, a bill of sale is generally needed to transfer title to personal property. Ben receives a life estate in a property, with his nephew Will designated as the remainderman. When Ben dies, what kind of interest does Will receive? A...

Legal Aspects of Real Estate Final Exam 2023/2024 With Complete Solutions Because the United States started as an English colony, our legal system is a mix of common law and civil law Which of the following is not one of the four main sources of law? Contract law Based on the two broad categories of law, which one covers typical cases involving contracts and property ownership? Civil law The California _________ is the highest court level and all courts in California are bound by it...

New York Real Estate Exam with 100% Verified and Updated 2024 Where is the license law written? - Answer ️️ -Article 12-A Who is responsible for administrative discipline of real estate licensees? - Answer ️️ - Department of State or Secretary of State Under NYS Real Property Law, when Department of State revokes a salesperson's license, how much time must past before the salesperson can be relicensed? - Answer ️️ -One year If a broker's licensed is revoked, what happens to ...

What two things make up an object? correct answers State and Behavior What is the State of an object? correct answers Data that the object maintains/holds Ex: (Bank Account) - balance, account number, interest amount, account type etc Behavior of an object? correct answers Things the object can do Ex: (Bank Account) - giveMeMoney, acceptDeposits, getBalance etc What represents a state of an object? correct answers Instance Variables Ex: (Student Class) Public int IdNum; Public Stri...

CHAPTER 3 Mortgage Loan Foundations: The Time Value of Money TRUE/FALSE 1. In order to solve a compounding problem, you must know all four of the variables in order to solve for the fifth variable. (T) 2. One way to calculate the present value of a single payment is with the following formula: PV = FV * (1+i)n. (F) 3. At 6%, the present value of a $1 payment in 12 months is .. At 7%, the present value of a $1 payment in 12 months is .. (F) 4. The future value of $800 deposited ...

WGU D096 Fundamentals of Diverse Learners Exam Questions and Verified Answers | Latest 2023/2024 Solutions What Is progress monitoring used for? - Monitoring Academic and Behavior progress What Age is progress monitoring usually used for? - Elementary students. But it can be conducted effectively at any age. CBM (Curriculum Based Measurement) - Includes instruments or probes. Has a short sample from the curriculum. Includes items from across the curriculum to provide a representative indic...

Test Bank for Business Mathematics In Canada, 10th Canadian Edition, 10ce by F. Ernest Jerome, Tracy Worswick ISBN-13: 5992 All Chapters Test Bank included CHAPTER 1 Review and Applications of Basic Mathematics Appendix 1A: The Texas Instruments BA II PLUS CHAPTER 2 Review and Applications of Algebra CHAPTER 3 Percent and Percent Change CHAPTER 4 Ratios and Proportions CHAPTER 5 Mathematics of Merchandising 5.2 Supplement: Other Notations for Terms of Payment (on Connect) 5...

DSC1630 EXAM PACK OCT/NOV 2022/2023 1. On his ninth birthday on 21 February Shelly received R420. His parents immediately invested the money in an account that earns 7,5% simple interest. The amount of money that can be withdrawn on 5 June for the same year equals [1] R411,21. [2] R428,89. [3] R428,98. [4] R429,07. [5] none of the above. 2. An interest rate of 16,4% compounded quarterly is equivalent to a weekly compounded interest of [1] 16,073%. [2] 16,098%. [3] 16,714%. [4] 16,...

A company deposits $10,000 in a bank where it will earn simple interest of 10% annually. What is the amount of interest earned in Year 2? - $1,000 $10,000 x .10 = $1000 A company is putting together a list of transactions that are affected by the time value of money. Which transaction should be included in this list? - Long-term leases A company needs to have $70,000 in cash at the end of four years. The company can invest the cash now in a money market account that will return 6% intere...

Tract building - Answer- When a dev. Acquired land, records a plat map and uses a model center from which sales may be made Local level - Answer- Planning, zoning, property taxation, building and health codes and regulations, and building moratoriums that affect development play a significant role in the cost and desirability of real estate Broker associate - Answer- A licensed broker working for another broker False - Answer- A florida real estate license applicant must be a resident a...