The American possibility credit score is especially for undergraduate university college students and their parents. you can claim the credit for your taxes for most of four years. Your mother and father will claim the credit in the event that they paid on your training charges, and you're indexed as a depending on their go back.
The American Opportunity Tax credit score is a tax credit to help pay for schooling charges paid for the first 4 years of training completed after excessive faculty. you may get a most annual credit of $2,500 in keeping with eligible pupils and 40% or $1,000 might be refunded if you owe no tax.
The eligible for AOTC, the student ought to: Be pursuing a diploma or different diagnosed schooling credential. Be enrolled at least 1/2 time for at least one educational duration* beginning within the tax year. no longer have completed the primary 4 years of higher schooling at the start of the tax.
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The answer is A.<span>a savings account that offers an interest rate of 4.5%</span>
Answer:
time t = 28.72 years
Explanation:
given data
Present Value = $21,500
Interest Rate = 11%
Future Value = $430,258
solution
we will apply here future value formula to find out time period that is express as
future value = present value × .....................1
put here value and we will get
$430,258 = $21,500 ×
20.012 =
take ln both side
ln (20.012) = t × ln(1.11)
t =
time t = 28.72 years
Answer: There was no gain or loss on the sale of this asset.
Explanation: In order to calculate how much profit/loss was made on an asset when it is sold, you have to take the cost price of the asset, and deduct the accumulated depreciation of the asset up to the date of sale. This is known as the book value of the asset, and shows how much it was worth on the day it was sold.
Cost price is the purchase price that the asset was worth on the day it was bought by Strike Company. Accumulated depreciation is the total reduction of the worth of an asset periodically, because of wear and tear.
Book value is calculated as:
Cost price: $244,400
- Accumulated depreciation: ($219,960)
= Book Value = $24,440
However the asset was sold for $24,440. This means that Strike Company sold this asset at its pure value, which is the book value. Thus forfeiting the chance to make a profit, or a loss.
Answer: Im not sure I fully understand what is being asked, but when prepairing food for guests, special care must be taken when prepairing raw meats. Sanitation is vital when it comes to mixing raw meats and veggies.
Explanation: