your balance high and they get more interest from you! Month 1: 10000 + 10000*(.12/12) This is our original $10000 we borrowed‚ plus the monthly interest that they charge. Now I need to subtract 2% of this total balance to represent making a payment for Month 1: 10000 + 10000*(.12/12) – [10000 + 10000*(.12/12)]* (.02) So above is my formula for Month 1. Let’s make it prettier: 10000 + 10000*(.12/12) – [10000 + 10000*(.12/12)] *(.02) Highlighted in pink above is a common term in both parts
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People should insist on a challenging plan rather than a practical plan.人应该坚持自己有挑战性的梦想还是注重实现现实的梦想。 As a Chinese ancient proverb goes‚ a man with plan is a man with hope. When it comes to plan making‚ some may stick to a practical thought while others may prefer a challenging one. As for me‚ I would rather choose the latter one for the following two reasons. Firstly‚ a challenging plan is more likely to ensure efficiency. The major reason why a practical plan appears more appealing is that it
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She says she doesn’t know why it was not done properly originally. She also says she doesn’t know the date so she cannot fill it in but the police will have a record‚ if the dates do not match‚ the sale cannot be completed. Would you authorize this payment? 2 3/4/2013 Mini Case 3 Working for a large American utility‚ you are in charge of negotiating an agreement in Indonesia with the state-owned electricity company to build‚ own‚ and operate a generating plant. It is suggested that you should
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CENTENNIAL COLLEGE ACC 5008 Business and Company Law in Hong Kong Assignment Lai Mai Hung‚ Faderlouis 81200011 Wishful Wine Ltd and Massy Wine Ltd have a contract in this case‚ and it occur four situations that will discuss on each. “The two parties agree to have the wine bottled and to deliver them in crates of 12 bottles‚ by four installments.” which “crates of 12 bottles” and “by four installments” are constitute a condition. In the first
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Michael Anthony L. Leachon Obligation and Contracts Case Digests PNB VS CA 315 SCRA 309 FACTS: * October 23‚ 1990 Lily S. Pujol opened an account with the petitioner PNB(Mandaluyong branch.) She applied for a “combo account” under her business name “Pujol Trading.” This account is a combination of a savings and current account wherein if there are insufficient funds in the current account of the owner then the funds of the savings fund will be used. PNB thereafter‚ issued a passbook with
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account such: whether or not you are better off leasing a building instead of buying‚ business insurance‚ how you are going to obtain the money to enable the business to get up and running without lack of funding‚ assets and how you are going to make payments. Location of leasing Located in Priory Quarter‚ Havelock Road‚ Hastings. High quality building that has a floor space of 24‚500 Square feet. This would be ideal for the business to use and renovate due to the size allowing products to be stored
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FACTS OF THE CASE The brief facts of the case are: The petitioner‚ M/s. KVR Construction (Assessee) is a construction/development organization rendering services/administrations under classification of "Development of Residential Complex Service" and are paying the Service Tax as per Finance Act‚ 1994. They are construct some buildings for Shri Adichunchanagiri Shikshana Seva Trust by virtue of an agreement dated 7-12-2004: (a) Medical college (b) AIMS Hospital (c) SJBIT Engineering college (d) SJBIT
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be "fixed-for-floating rate" or "fixed-for-fixed rate" D. All of the above 2. Suppose the quote for a five-year swap with semiannual payments is 8.50—8.60 percent. The means: A. The swap bank will pay semiannual fixed-rate dollar payments of 8.50 percent against receiving six-month dollar LIBOR. B. The swap bank will receive semiannual fixed-rate dollar payments of 8.60 percent against paying six-month dollar LIBOR. C. a) and b) D. none of the above 3. Company X wants to borrow $10‚000‚000
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lets first get an insight of the issue. Considering the convenience that credit card brings you‚ the free gifts as well as the privileges it offers‚ you will find it not difficult to account for its popularity. In the past‚ we used cash for payment‚ some might write cheques. Gone are the days for settlement with cash. Thanks for the invention of credit card‚ people nowadays only need to bring their credit cards and they can buy nearly whatever they want all over the world. What’s more‚ using
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Background: Trump planned to involuntarily terminate 100 of the company’s employees. Employees who voluntarily sign a waiver will receive a lump-sum cash payment‚ but get nothing if refuse to sign it. However‚ all employees will be terminated whether or not they sign litigation. Question: should Trump recognize a liability in December 31.2005? Conclusion: A liability should be recognized in December 31‚ 2005. In order to explain the reasoning‚ three questions should be answered. First‚ what
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