Answer:
The correct answer to the following question is $9479 .
Explanation:
The taxable income ( ordinary ) of Linda in year 2018 is $80,000.
Now as per 2018 tax schedule Linda will have to pay $8907 and since her taxable income is above $77,400, that means she will have to pay 22% tax on the difference between $80,000 and $77,400, so therefore her tax liability would be -
$8907 + 22% x $2260 ( $80,000 - $77,400 )
= $8907 + $572
= $9479
Answer:cost of investment/annual net cash flow
Explanation:
C. It should be scare.
This is not a characteristic of the currency, because it is a nominal product of the economy behavior. Therefore, is there are plenty of goods and services in an economy, the currency must follow that.
Answer:
12.5
Explanation:
Money multiplier gives the maximum amount money supply can increase to given the reserve ratio
Money multiplier = 1 / r = 1 / 0.08 = 12.5
Answer:
$7.77
Explanation:
The answer would be the difference between compound and simple interest
Simple interest = principal x time x interest
$1,410 x 0.03 x 4 = $169.20
Compound interest = future value - present value
future value = Principal ( 1 + interest)^n
$1,410 ( 1.03)^4 = $1586.96
$1586.96 -$1,410 = $176.97
Difference = $176.97 - $169.20 = $7.77
