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2 years ago

Earning interest on previously earned interest is called?

Business

2 answers:

ioda2 years ago

7 0

Bonus interest is it's name

nydimaria [60]2 years ago

7 0

Answer:

Compounding

Explanation:

Compounding is earning interest on previously earned interest

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The shelby cobra retails for ?$47 comma 68447,684 ?(all taxes? included. what are the monthly loan payments for the car if you m

Dmitry [639]

The answer would be 7152. maybe hope it helps

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2 years ago

All of the following should generally be included as taxable income on Schedule 1 (Form 1040), line 21, EXCEPT: Reimbursement re

Lapatulllka [165]

Answer:

Answer is Option 2: Life insurance proceeds received after the death of a spouse.

Explanation:

Life insurance proceeds are generally not taxable. They are paid after insurer's death. It would only be taxable if the policy was given to the spouse for a price. Even if proceeds are paid under accidental policy or health insurance policy, they are not taxable. Proceeds are always paid as a lump sum amount and not in installments.

Other given options, 1, 3 and 4 like reimbursement for medical expenses, taxable portion of a disaster relief payment and dividends exceeding net premiums paid are taxable.

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2 years ago

You would like to establish a trust fund that would provide annual scholarships of $100,000 forever. How much would you have to

aivan3 [116]

Answer:

$2,222,222.22

Explanation:

The data provided in the question

Annual scholarship provided = $100,000

Guaranteed rate of return = 4.5%

So by considering the above information, the amount i.e deposited today is

= Annual scholarship provided ÷ Guaranteed rate of return

= $100,000 ÷ 4.50%

= $2,222,222.22

By dividing the annual scholarship by the rate of return we can get the deposited amount

8 0

2 years ago

Someone in an organization recognizes a need. What should be the next step

Oxana [17]

Answer:D.

Someone is given responsibility for deciding how to meet the need.

Explanation:

8 0

2 years ago

Read 2 more answers

Murphy's, Inc., has 85,000 shares of stock outstanding with a par value of $1 per share. The market value is $12 per share. The

nexus9112 [7]

Answer:

The correct answer is $177,955.

Explanation:

According to the scenario, the computation of the given data are as follows:

Capital in excess of par account = $74,500

Common stock = $85,000

Retained earning = $141,500

So, we can calculate the balance in the capital in excess of par account be after the dividend by using following formula:

Capital after Dividend = Balance sheet amount of Capital + ( Issued additional share × Capital in excess of par per share )

Where,

Issued additional share = 11% × $85,500 = 9,405

And Capital in excess of par per share = $12 - $1 = $11

By putting the value, we get

Capital after dividend = $74,500 + ( 9,405 × $11)

= $74,500 + $103,455

= $177,955

8 0

2 years ago