Which of the following statements concerning a security deposit is correct? A. It must be returned to the tenant within twenty-one days of termination of occupancy. B. It may be maintained in the landlord's regular business account as long as it is interest - bearing. C. It may not exceed the first month's rent.

Josie wants to be able to celebrate her graduation from CSULA in 55 years. She found an annuity that is paying 2%. Her goal is to have $4,500.00. Assume the interest rate remains the same while the account is open.  Round all answers to the nearest penny. How much should be deposited each week?

Alex is injured and rushed to Care Hospitals for treatment. He spent 64 minutes at the hospital out of which he filled a form for 18​ minutes, stood in the queue for 16​ minutes, doctor treated him for 21​ minutes, and payment time was 9 minutes. What is the service cycle efficiency for his​ visit?

It is the amount of money paid for the use of borrowed capital. Future Worth Interest Principal Initial Cost

Need help with part d & e

The advantage of a loan is that: its transaction costs are low. it can be tailored to the needs of the individual borrower. it can be used by both small and large borrowers. it does not have to be repaid because the borrower can always default.

Maria takes out a 30-year mortgage at 5.5% to buy a house that costs $280,000. She must have a down payment of 3% of the purchase price.

Credit histories allow firms to ( A) identify high-risk borrowers, so they can be eliminated and interest rates kept down for others. (B) increase the number of credit cards issued, and interest rates go up as a result. (C) increase the number of credit cards issued, and interest rates go down as a result D) lower the number of credit cards issued, and interest rates go up as a result (E) increase market power in the credit card industry, raising interest rates.

You are in the market to buy a used car. Your monthly budget allows for a $300 per month car payment and you want to finance for 4 years. The current APR for a used car is 3%. a) Calculate the amount of loan you can afford. b) Complete the table below. Year 0 After 1 month After 2 months After 6 months After 1 year Loan Balance Interest Paid

The problem describes a debt to be amortized. (Round your answers to the nearest cent.) A man buys a house for $350,000. He makes a $150,000 down payment and amortizes the rest of the purchase price with semiannual payments over the next 12 years. The interest rate on the debt is 8%, compounded semiannually. (a) Find the size of each payment. $ (b) Find the total amount paid for the purchase. $ (c) Find the total interest paid over the life of the loan. $