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  2. Management contract - Wikipedia

    en.wikipedia.org/wiki/Management_contract

    Taking advantage of economies of scale, international reservation systems, and brand awareness, a large number of hotels in Asia run under management contract arrangements. It's common for contracts to span 30 years, with fees as high as 3.5% of total revenues and 6–10% of gross operating profit.

  3. Rule of 72 - Wikipedia

    en.wikipedia.org/wiki/Rule_of_72

    Thus at 3.5% inflation using the rule of 70, it should take approximately 70/3.5 = 20 years for the value of a unit of currency to halve. [1] To estimate the impact of additional fees on financial policies (e.g., mutual fund fees and expenses, loading and expense charges on variable universal life insurance investment portfolios), divide 72 by ...

  4. VA loan - Wikipedia

    en.wikipedia.org/wiki/VA_loan

    A VA loan is a mortgage loan in the United States guaranteed by the United States Department of Veterans Affairs (VA). The program is for American veterans, military members currently serving in the U.S. military, reservists and select surviving spouses (provided they do not remarry) and can be used to purchase single-family homes, condominiums, multi-unit properties, manufactured homes and ...

  5. Fixed-rate mortgage - Wikipedia

    en.wikipedia.org/wiki/Fixed-rate_mortgage

    Total Payment (3 Fixed Interest Rates & 2 Loan Term) = Loan Principal + Expenses (Taxes & fees) + Total interest to be paid. The final cost will be exactly the same: * when the interest rate is 2.5% and the term is 30 years than when the interest rate is 5% and the term is 15 years * when the interest rate is 5% and the term is 30 years than ...

  6. FHA insured loan - Wikipedia

    en.wikipedia.org/wiki/FHA_insured_loan

    The FHA does not make loans. Rather, it insures loans made by private lenders. [21] The first step in obtaining an FHA loan is to contact several lenders and/or mortgage brokers and ask them if they are FHA-Approved by the U.S. Department of Housing and Urban Development to originate FHA loans.

  7. Road tax - Wikipedia

    en.wikipedia.org/wiki/Road_tax

    The fee is calculated according to the vehicle's tax group, kerb weight, emissions (CO 2 and NOx) and engine volume. [ 29 ] Historically, cars in Norway were taxed annually according to an annual motor vehicle tax stipulated by the Norwegian Tax Administration according to the vehicle's type and weight class.

  8. FIRE movement - Wikipedia

    en.wikipedia.org/wiki/FIRE_movement

    The FIRE (Financial Independence, Retire Early) movement is a lifestyle/investment plan with the goal of gaining financial independence and retiring early through savings. The model became particularly popular among millennials in the 2010s, gaining traction through online communities via information shared in blogs, podcasts, and online discussion forums.

  9. Daylight saving time - Wikipedia

    en.wikipedia.org/wiki/Daylight_saving_time

    Daylight saving time (DST), also referred to as daylight saving(s), daylight savings time, daylight time (United States and Canada), or summer time (United Kingdom, European Union, and others), is the practice of advancing clocks to make better use of the longer daylight available during summer so that darkness falls at a later clock time.