Answer:
annuity factor for 20% and 6 periods = 3.326
Explanation:
the IRR represents the discount rate at which a project's NPV = 0
NPV = initial outlay + PV of future cash flows
NPV = 0
initial outlay = -$831,500
PV of future cash flows = $831,500 = cash flow x annuity factor
annuity factor = $831,500 / $250,000 = 3.326
using an annuity table and looking for the annuity factors for 6 periods, we find that the annuity factor for 20% and 6 periods = 3.326.
So our IRR = 20%
Answer:
The correct answer is: he lacked the mental capacity to enter into the contract.
Explanation:
A person may ratify a contract that he or she established while intoxicated after becoming sober, and therefore become fully responsible for it. Though, if that person wants to reject the contract, proof of mental lack of capacity must be provided to dissolve the contract and any responsibility inherent.
Answer:
The Eric's self-employment tax is $10109
Explanation:
The computation of the Eric's self employment tax is shown below:
= Net Self employment income × OASDI tax rate + Net Self employment income × MHI tax rate
= $132,150 × 6.2% + $132,150 × 1.45%
= $8,193.30 + $1,916.175
= $10109.475
The OASDI tax rate is also called social security tax and the self employment tax comprises of OASDI tax and MHI tax.
Answer:
the price will go lower and I know how much it would be
C. Balance transfer fee
Hope this helps! :)
