Answer:
$32,600
Explanation:
Calculation to determine her itemized deduction if she used the proceeds of the second loan to finish the basement in her home and landscape her yard
Using this formula
Itemized deduction =(Financing amount * 6 percent)+(Additional amount borrowed*interest rate of 8 percent)
Let plug in the formula
Itemized deduction=( $350,000 * 6 percent)+($145,000 *8 percent)
Itemized deduction=($21,000+$11,600)
Itemized deduction=$32,600
Therefore her itemized deduction if she used the proceeds of the second loan to finish the basement in her home and landscape her yard wi be $32,600
Answer: <u>PRODUCT MODIFICATION</u> refers to changing one or more of a product's characteristics; while, a <u>LINE EXTENSION</u> is the development of a product closely related to one or more products in the existing product line but designed specifically to meet somewhat different customer needs.
You are charged an early termination fee.
Explanation:
When you sign a contract you will have to see if y<u>ou are viable to pay an early termination fee in case you decide to terminate a contract</u> in between and if so how much it will cost to do so.
<u>There are no other legal obligations in place usually unless directly specified in the service contract. </u>
Usually the fee is to cover for the cost procured or that will be procured on securing newer services in the face of the termination.
Answer:
a congressionally mandated decrease in tax rates to stimulate the economy.
Explanation:
Automatic fiscal stabilizers are stabilizers that come into force automatically during economic fluctuations. They are not enacted by the government, policymakers or an agency of the government.
I hope my answer helps you