Answer:
In the classroom and in the grocery store and house.
Explanation:
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Answer:
The amount of interest which can be deducted in one year is limited to the net investment income of a taxpayer for that year.
Explanation:
This amount can not be exceeded. Investment income according to the IRS includes:... It does not include eligible dividends or net capital gains other than those that you want to include.
Limitations on investment interest Not all interest that you pay on investment loans are allowed to be deducted. For particular, the IRS forbids registration of certain forms of investment value, including:
1. Home mortgage interest eligible.
2. Value to raise tax-exempt revenue, as if the municipal tax-free bond is to be bought on a margin.
3. Option straddles, which are not available to most investors as an advanced investment strategy.
4.Interest in any passive operation when measuring profit or loss
Answer:
$738.39
Explanation:
<u>Interest is compounded for first 6 months</u>
Amount at the end of 6 months = $6,300 * (1+0.05/12)^6
Amount at the end of 6 months = $6,300 * 1.025262
Amount at the end of 6 months = $6,459.15
<u>Therefore, 17.3%</u>
Amount at the end of 12 months = $6,459.15*(1+0.173/12)^6
Amount at the end of 12 months = $6,459.15*1.0896782
Amount at the end of 12 months = $7,038.39
Interest owed = Amount owed - Principal
Interest owed = $7,038.39 - $6,300
Interest owed = $738.39
A unique set of professional skills and attributes that others associate with you is called soft skill.
Using social media, even for non-public use, complicates your courting with your business enterprise. An worker congratulating his enterprise's son on his engagement is an instance of social media complicating relationships among employees and employers.
Professional competencies are career talents and abilities used inside the place of business which can be beneficial for almost any task. professional capabilities are a combination of each hard talents activity specific responsibilities that can be educated and smooth skills transferable trends like work ethic, communique, and leadership
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The current worth of an anticipated future stream of cash flow is known as the present value, or PV. Using Microsoft Excel, present value may be estimated rather rapidly.
Most of the time, rather than simply one cash flow, a financial analyst must determine the net present value of a group of cash flows. The net present value, or NPV, returns the cash flows' net value in today's currency. The future value FV is divided by a factor of 1 + I for each interval between the present date and the future date in the present value formula, PV=FV/(1+i)n. For the PV calculation, enter the following data into the present value calculator: The FV, or future value.
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