Suppose that you want to purchase a car today. You can afford payments of $400 per month and want to pay the loan back over the next five years
Assuming no down payment is required, how much can you borrow if the bank will charge you an annual percentage rate of 12% compounded monthly?
A) $16,726.68
B) $18,220.18
C) $24,667.87
D) $25,008.90
E) $17,982.02
Answer: E
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What is a carryover clause in a listing agreement?
A. A clause that states the broker will continue efforts to sell the property if it did not sell during the original listing period. B. A clause that states the broker is still entitled to a commission for a set period of time after the listing expires if the property sold to a buyer the broker brought to the property during the time of listing. C. A clause that states the terms and conditions of a listing agreement will carry over exactly the same to a new agreement when the original expires. D. A clause that states the conditions of the listing agreement will carry over to a new broker should the listing broker lose his/her license
Business models used for commerce on the Internet can be patented
Indicate whether the statement is true or false