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ivanzaharov [21]
1 year ago
11

Select ALL the correct answers. What was an effect of tax legislation signed by President Trump in 2017

Business
1 answer:
Artyom0805 [142]1 year ago
7 0

It decreased health care costs for the lowest income workers.

What is income?

Income is the consumption and saving opportunity gained by an entity over a given time period, which is usually expressed in monetary terms. Income is difficult to define conceptually, and definitions vary across fields.

Income is defined as the amount of money received by a person, group, or company over a specific time period. A salary of $70,000 per year is an example of income.

Income is money received by an individual or business in exchange for labor, the production of a good or service, or the investment of capital. Individuals typically earn money through wages or salaries, whereas businesses make money by selling goods or services for more than their cost of production.

To know more about income follow the link:

brainly.com/question/25895372

#SPJ4

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Find the future values of these ordinary annuities. Compounding occurs once a year. Do not round intermediate calculations. Roun
Dimas [21]

Answer:

a. Futuere Value = $19,245.86

b. Futuere Value = $3,060.86

c. Futuere Value = $0

d-1. Futuere Value = $21,170.44

d-2. Futuere Value = $3,213.90

d-3. Futuere Value = $0

Explanation:

Note: The data in the question are merged. They are therefore sorted before answering the question as follows:

Find the future values of these ordinary annuities. Compounding occurs once a year. Do not round intermediate calculations. Round your answers to the nearest cent.

a. $900 per year for 12 years at 10%. $ 19,245.85

b. $450 per year for 6 years at 5%. $ 3,060.86

c. $200 per year for 6 years at 0%. $

d. Rework parts a, b, and c assuming they are annuities due.

Future value of $900 per year for 12 years at 10%: $ 21,170.43

Future value of $450 per year for 6 years at 5%: $ 3,213.90

Future value of $200 per year for 6 years at 0%: $

Explanation of the answer is now provided as follows:

The formula for calculating the Future Value (FV) of an Ordinary Annuity given as follows:

FV = M * (((1 + r)^n - 1) / r) ................................. (1)

Where,

FV = Future value of the amount =?

M = Annuity payment

r = Annual interest rate

n = number of periods years

This formula is now applied as follows:

a. $900 per year for 12 years at 10%. $ 19,245.85

Therefore, we have:

FV = ?

M = $900

r = 10%, or 0.10

n = 12

Substituting the values into equation (1), we have:

FV = $900 * (((1 + 0.10)^12 - 1) / 0.10)

FV = $900 * 21.38428376721

FV = $19,245.855390489

Rounding the nearest cent, we have:

FV = 19,245.86

b. $450 per year for 6 years at 5%. $ 3,060.86

Therefore, we have:

FV = ?

M = $450

r = 5%, or 0.05

n = 6

Substituting the values into equation (1), we have:

FV = $450 * (((1 + 0.05)^6 - 1) / 0.05)

FV = $450 * 6.8019128125

FV = $3,060.860765625

Rounding the nearest cent, we have:

FV = $3,060.86

c. $200 per year for 6 years at 0%. $

Therefore, we have:

FV = ?

M = $200

r = 0%, or 0

n = 6

Substituting the values into equation (1), we have:

FV = $200 * (((1 + 0)^6 - 1) / 0)

FV = $200 * ((1^6 - 1) / 0)

FV = $200 * ((1 - 1) / 0)

FV = $200 * (0 / 0)

FV = $200 * 0

FV = $0

d. Rework parts a, b, and c assuming they are annuities due.

The formula for calculating the Future Value (FV) of an Annuity Due is given as follows:

FV = M * (((1 + r)^n - 1) / r) * (1 + r) ................................. (2)

Where,

FV = Future value

M = Annuity payment

r = Annual interest rate

n = number of periods years

This formula is now applied as follows:

d-1. Future value of $900 per year for 12 years at 10%: $ 21,170.43

Therefore, we have:

FV = ?

M = $900

r = 10%, or 0.10

n = 12

Substituting the values into equation (2), we have:

FV = $900 * (((1 + 0.10)^12 - 1) / 0.10) * (1 + 0.10)

FV = $900 * 21.38428376721 * 1.10

FV = $2,1170.4409295379

Rounding the nearest cent, we have:

FV = $2,1170.44

d-2. Future value of $450 per year for 6 years at 5%: $ 3,213.90

Therefore, we have:

FV = ?

M = $450

r = 5%, or 0.05

n = 6

Substituting the values into equation (2), we have:

FV = $450 * (((1 + 0.05)^6 - 1) / 0.05) * (1 + 0.05)

FV = $450 * 6.8019128125 * 1.05

FV = $3,213.90380390625

Rounding the nearest cent, we have:

FV = $3,213.90

d-3. Future value of $200 per year for 6 years at 0%: $

Therefore, we have:

FV = ?

M = $200

r = 0%, or 0

n = 6

Substituting the values into equation (2), we have:

FV = $200 * (((1 + 0)^6 - 1) / 0) * (1 + 0)

FV = $200 * ((1^6 - 1) / 0) * 1

FV = $200 * ((1 - 1) / 0) * 1

FV = $200 * (0 / 0) * 1

FV = $200 * 0 * 1

FV = $0

8 0
3 years ago
According to most management researchers, the modern study of management originated in which century?
maks197457 [2]

Most management researchers believe that modern management studies originated in the <u>c. 18th century.</u>

<h3>Origins of modern management </h3>
  • Originated with the Industrial Revolution.
  • Originated as a means to make production more efficient.

The Industrial Revolution began in the 1700s or the 18th century and so we can conclude that modern management also started in the 18th century as well.

Find out more on<u> modern management</u> at brainly.com/question/4928239.

7 0
2 years ago
One way to think about TQM is as a business philosophy centered around seven core ideas, or principles: __________ refers to com
Elena-2011 [213]

Answer:supplier partnerships

Explanation:supplier partnership is a commitment over an extended time to work together to the mutual benefit of both parties, sharing relevant information and the risks and rewards of the relationship.

In quality control, extended relationship between buyers and sellers based on confidence, credibility, and mutual benefit. The buyer, on its part, provides long-term contracts and assurance of only a small number of competing suppliers. In reciprocation, the seller implements customer's suggestions and commits to continuous improvement in quality of product and delivery.

6 0
3 years ago
Read 2 more answers
Which of the following is not true of a budget
Ulleksa [173]
<span>A. Once you finish making your budget, you should not change it.</span>
6 0
3 years ago
3) What are the main factors behind economic growth? Write a short essay. Be expansive. Take a broad view of this question. What
viva [34]

Explanation:

  • It is a level of goods and services provided by the country in a specific period
  • Certain factors associated with the economic growth are

1. Natural resources: Every country must protect their land forms so that the natural resources like oil or mineral can be obtained adequately and thus it can boost the economy of the country

2. Infrastructure: Creating an successful infrastructure make goods and services faster and thus increasing the economic growth.

3. Higher population: There are both advantages and disadvantages. We have high man power and on the other side there might be huge unemployment too.

Culture is closely associated with the branch of economy because it can turn the country upside down. Because, it is the culture which decides the like and unlike of a particular product.

8 0
3 years ago
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