Answer:
$304,720
Explanation:
According to the IRS, qualified principal residence indebtedness may include:
1) Debt incurred in order to purchase, build or improve your house or main residence, and the debt is secured by the house or principal residence (mortgage).
Or
2) Any house debt in (1) that is refinanced in order to improve, build or purchase something of your house or principal residence, e.g. you refinance your mortgage in order to build a swimming pool. The loan balance cannot exceed the original mortgage.
A fishing boat is not considered a home improvement, so the equity loan is not considered qualified residence indebtedness.
Answer:
<em>The question option are:</em>
<em>1. For the current quarter what is the economy's income?
</em>
<em>2. For the current quarter, what is the economy's expenditure?
</em>
<em>3. In an economy, how are income and expenditure related?</em>
1. The economy's income for the current year is $450 because there is only one transaction that take place in the year worth of $450
2. The economy's expenditure of the current year is $450 because each transaction has two side. One is the Income, the other is Expenditure. The income is converted to expenditure.
3. In an economy, income and expenditure are related and they are equal. Each transaction has two side. One is the Income, the other is Expenditure. The income is converted to expenditure.
Answer:
The price of the bonds is $ 1,276.
Explanation:
The value of bond or issue price can be calculated by discounting all future cash flow using effective rate of retun. Detail calculations are given below.
Future Value = Redemption present value (RPV) + Present value of interest (PVI)
RPV = 1,000 (1+5%)^-15 = $ 481 -A
PVI = 36.25 * Annuity factor =$ 759 -B
Future Value = A + B = $ 1,276
Annuity factor = (1- (1+i%)^-n)/i% = (1- (1+5%/2)^-30)/(5%/2) = 20.9303
Answer:
The solution and complete explanation for the above question and mentioned conditions is given below in the attached document.i hope my explanation will help you in understanding this particular question.
Explanation:
One major difference between low-income children who participated in the high-scope preschool project and those that did not participate was that at the age of 27 years, <u>those who practiced were more likely to be married and own their house</u>.
The Perry Preschool project set up the lasting human and economic price of early life schooling and caused the establishment of the HighScope education studies foundation and one of the first early formative years applications in the u.s. intentionally designed to increase faculty fulfillment for preschool.
Outcomes of the Perry Preschool program consist of: better school fulfillment; extended excessive college graduation prices amongst women; higher employment charges; better profits; and notably decrease crime fees. There were no lasting profits on checks of intellectual performance (IQ exams).
The HighScope educational research foundation research strategies for early formative years of education are primarily based on the methods of the 1962 Perry Preschool observation. It was founded in 1970 with the aid of psychologist David Weikart.
Learn more about the Perry Preschool program here brainly.com/question/25630852
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