Answer:
$14,614.02
Explanation:
The computation of the much more amount deposited is shown below:
= Expected cost ÷ (1 + interest rate on savings)^number of years - Expected cost ÷ (1 + interest rate on earnings)^number of years
= $150,000 ÷ (1 + 0.08)^18 - $150,000 ÷ (1 + 0.11)^18
= $37,537.35 - $22,923.33
= $14,614.02
We simply deduct the earning from the savings so that the approximate valeu could come
What's the List? Of words ofc?
Explanation: It may be "Wage Gap" Though.
Answer:
The correct option is D
Explanation:
LIBOR termed as London Interbank Offered Rate, which is the rate of interest at which the major banks globally lend to another bank in the international market for the loans which are short- term in nature.
LIBOR, serves or states as the accepted key interest rate globally , which states the cost of borrowing among the banks.
Therefore, LIBOR, is the term which is the interest rate charged by banks in London to lend money among themselves.
Answer: Gwen should report a $3,000 long-term capital gain in her income tax return.
In this question the price paid by Gwen’s mother for the shares is irrelevant because of her death.
The stock’s fair market value ($20) when Gwen inherited the shares (21st October 2015) is Gwen stepped up value.
Gwen’s gain from selling the shares is:
![Gain / (Loss) = (Selling Price per share - Stepped up value per share) * Number of shares](https://tex.z-dn.net/?f=Gain%20%2F%20%28Loss%29%20%3D%20%28Selling%20Price%20per%20share%20-%20Stepped%20up%20value%20per%20share%29%20%2A%20Number%20of%20shares)
![Gain = (50 - 20) *100](https://tex.z-dn.net/?f=Gain%20%3D%20%2850%20-%2020%29%20%2A100)
![Gain = $3,000](https://tex.z-dn.net/?f=Gain%20%3D%20%243%2C000)
Gwen inherited the shares on (21st October 2015) and held the shares until (3rd july 2017), so she held the shares for more than one year after inheriting it. So, she will report a long-term capital gain on her income tax return.
Answer:
Prices over time
Explanation:
The consumer price index measures the average of consumer goods and services. It is often calculated by taking the average price changes for each item.
The consumer price index measures the average changes in prices of a basket of goods and services over time that consumers pay.