Answer:
$0
Explanation:
Alfred paid in premiums = $18,300
company paid Alfred = $125,000
Alfred died after 18 months, then,
Company collected the face amount of the policy = $150,000
Sale of policy = [ company compensation - premium paid]
= $125,000 - $18,300
= $106,700
In this situation, Alfred receives the submission price from the insurance company consequential in profit.
There is no gain in the income of the insurance policy that is purchased by the Alfred for the long term.
That's why he is not required to include the amount of sale of policy i.e. $106,700.
Hence, Alfred required to include in his gross income will be zero ($0).
Answer:
28.85
Explanation
Keanu has decided to save a fixed amount of 70,000 for a given period. We would need to calculate the number of years to achieve 7,796,223 using the FVIFA formula (Future value interest for an annuity)
Fixed payment× FVIFA=Future value
<em>FVIFA</em> = 
where r is the periodic rate (9%)
and n is the number of periods
therefore; 70000×
=7796223
=(7796223×0.09)/70000
n=27.85
However, since Keanu will not invest until the end of the first year, he will spend 28.85 years to achieve his goal
Answer:
Amount of money the employee will earn each month.
Answer:
13% did not experience problems with online transactions.
Explanation:
Giving the following information:
According to a recent Harris Interactive poll, 87% of people have experienced problems with an online transaction.
What percentage of people did not experience problems with an online transaction?
In this case, there are two options. You buy something online and everything went smooth or you have problems with the transactions.
So, if 87% have problems, that means that 13% didn't.
Answer:
The correct answer is Enterprise resource planning system
Explanation:
Enterprise resource planning system is a system that makes the planning of the company resources. It is mainly used for daily business activities like accounting, operations related to the supply chain, procurement, etc
As per the given question, the system that deal with the fluctuations of the currency exchange rates that created an extra problem so this represents the enterprise resource plannning
