Answer:
Jarrod exclude from his gross income of $13,500
Explanation:
The following items which are excluded from the gross income are:
1. Tuition = $12,000
2. Books and supplies = $1,500
The total amount would be equal to
= $12,000 + $1,500
= $13,500
These items would be excluded because the deduction is allowed for these items. Whereas, the room and personal expenses are taxable. Hence, it would be included in the gross income
Answer:
The first five terms of the sequence are:
First year: $3270.00
Second year: $3564.30
Third year: $3885.09
Fourth year: $4234.75
Fifth year: $4615.87
Explanation:
When we're dealing with compound interest rates we're dealing with interests being re-invested into the original investment. This means that the new interests of one period will bear interests in the next period. This can be simply calculated using the compound interest formula.
The formula for compound interest rates is 
Where:
<em>P</em> is the principal amount being invested,
<em>i</em> is the interest rate,
<em>n</em> is the number of years.
So for the first year we replace in the formula with the given values:
3000 ×
= $3270
And for the rest of the years we only need to modify the value of <em>n</em>.
For the second year we'd have:
3000 ×
= $3564.3
And so on.
Lorraine is involved in Media Planning. Media planning<span> basically involves </span> sourcing and selecting optimal media<span> platforms that would be leveraged on to best promote a product. In this case, Lorraine's job generally entails </span><span>determining the best combination of </span>media<span> to achieve the marketing campaign objectives of Sibil furnishings. Therefore she is involved in media planning.</span>
Answer:
The correct answer is option b.
Explanation:
The problem of scarcity of resources is the basic problem in the study of economics. This problem exists because the resources are limited and have alternative uses. These resources are used to satisfy unlimited wants and needs.
So we need to determine the efficient allocation of these scarce resources such that we are able to get maximum satisfaction or utility from them.
Because of this scarcity problem, every economic decision involves some trade-off.
In recent years, progressive firms have embarked upon co-orperate social initiaitives, where they will commit company resources and expertise toward helping in broad-based humanitarian situations. This is further explained below.
<h3>What is a firm?</h3>
Generally, a firm is simply defined as a firm Professional services are provided by a firm, which might be a corporation, a private corporation.
In conclusion, Co-operative social initiatives have been more popular among progressive businesses in recent years.
Read more about the firm
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