Answer:
$160
Explanation:
The way 401(k) savings work is that employees can save from their earnings before tax is deducted, which means that on the $200 saved no tax is deducted, hence, the take of the employee reduces by $200
When there are savings, a tax of 20% would have been deducted from the $200, as a result, the employee would be left with $160($200-($200*20%)), which means that take-home would reduce by $40, the amount tax deducted.
The reduction in take-home=$200-$40
The reduction in take-home=$160
Answer:
A career is like a "building block" and a job is like "castle or a tower"
Answer:
<em>c. gross rent multiplier approach
</em>
Explanation:
Gross Rent Multiplier (GRM) is the cost ratio of an investment in immovable property to its annual rental income before paying for costs such as property taxes, insurance and utilities. It is the number of years that the estate will take to pay itself in gross rent.
<em>Simply multiply the Gross Rent Multiplier (GRM) by the gross rents of the property to calculate the value of a commercial property using the Gross Rent Multiplier valuation approach.</em>
Divide the selling price or value of an estate by the gross rents of the land of the subject to determine the Gross Rent Multiplier.
Answer:
APR =5.263%
Explanation:
Computation of the true annual percentage rate
Using the APR formula to find the true annual percentage rate
APR=(2 × n × I) / [P × (N + 1)]
Hence;
APR= (2 × 1 × $100) / [$1,900 × (1 + 1)]
APR=$200/($1,900×2)
APR=$200/$3,800
APR= 0.05263 ×100
APR =5.263%
Therefore the true annual percentage rate using the APR formula will be 5.263%
