Answer:
The credit card decrease percentage is 71%
Explanation:
To know the percentage of decrease of the card we will make a simple rule of three, which indicates the value we need.
We have that 100% of the card quota is 600, and we want to know how much the percentage decreases when the account has 426 available, we do the following;
100% ---> $600
X -----> $426
100 * 426 = x * 600
= x
71% = X
that is, the decrease in the account when you have $426 available quota is 71%.
Answer: II Contributions to the separate account are not tax deductible
III Earnings in the separate account build tax-deferred
Explanation:
Variable Annuities represent an investment vehicle where one puts money in a certain type of investment with the goal being that they will earn an income in retirement which is dependent on how their chosen investment performed therefore making the payout variable.
Contributions to the separate account are not tax deductible. The tax advantage of Variable annuity contracts instead is that the income earned from the annuity gets to build tax-deferred with taxes only applying to them when a withdrawal is made.
Amortization is a method applied to periodically lower the book value of an intangible asset over a specified period of time. After one year of payment, the total interest would be $1,100.
<h3>What is amortization?</h3>
Amortization means scattering payments over manifold periods. The term is used for two discrete processes. Amortization of loans and amortization of assets.
In the last-mentioned case, it refers to delegating the cost of an intangible asset over a period of time.
The total amount of interest that would be paid in the first year is $1,100 which is shown in the image given below.
Therefore, the amount of total interest payment would be $1,100.
Learn more about amortization, refer to:
brainly.com/question/7274714
Answer: (C) Expert
Explanation:
The expert power is basically based on the power of an employee where the employers in an organization contain the knowledge and they are specialized in their skills.
The power an expert has the great asset in which the managers are able to handle leadership quality and manage all the work among their team.
The expert power is one of the most important power as compared to the reward power as it lead the employees more effectively and encourage them to perform tasks.
Therefore, Option (C) is correct.
Debit Accounts Payable $4,500; credit Notes Payable $4,500.
<em>In this case, accounts </em><em>payable </em><em>which have credit will be replaced by Notes payable. Hence accounts payable will be debited and notes payable will be </em><em>credited</em><em>.</em>
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A transaction is a finished settlement between a buyer and a seller to change items, offerings, or economic belongings in go back for cash. The term is also generally used in corporate accounting. In commercial enterprise bookkeeping, this undeniable definition can get difficult.
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Primarily based on the alternative of cash, there are three sorts of accounting transactions, particularly coin transactions, non-cash transactions, and credit score transactions.
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Transaction process is a time period that refers to the adding, converting, deleting, or searching up of a record in an information record or database via coming into the information at a terminal or computer
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Learn more about transactions here:-brainly.com/question/1016861
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