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7nadin3 [17]
3 years ago
8

Yasmine plans to attend a four-year public university. She expects she will need to contribute $9,000 annually to her education.

Which savings plan will help Yasmine save enough money to pay for one year of school, regardless of whether or not interest is earned on her savings?
A. $600 per month for 1 year
B. $350 per month for 2 years
C. $225 per month for 3 years
D. $200 per month for 4 years
Business
2 answers:
mojhsa [17]3 years ago
7 0
It is D. There are 12 months in a year and she needs to save atleast 9,000. 
600x12=7,200
350x24=8,400
225x36=8,100
200x48=9,600
mario62 [17]3 years ago
5 0
<span>$200 per month for 4 years.... D, 4</span>
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Montano1993 [528]

Answer:

$102

Explanation:

FUTA tax due from Willow Corporation for 2019, after the credit for state unemployment taxes, can be calculated by deducting the Paid state unemployment tax by the FUTA tax.

DATA

Paid State Unemployment Tax = (7,000+7,000+3,000) x 5.4%

Paid State Unemployment Tax = $918

FUTA tax rate in 2019 = 6%

Solution

FUTA tax (6% x $17,000) = $1,020

FUTA tax due =  $1,020 - $918

FUTA tax due = $102

7 0
3 years ago
Cal Lury owes $25,000 now. A lender will carry the debt for four more years at 10 percent interest. That is, in this particular
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Answer:

$6,185.31

Explanation:

Value of debt at end of 4 years = $25,000 * (1 + 10%)^4

Value of debt at end of 4 years = $25,000 * (1.10^4)

Value of debt at end of 4 years = $25,000 * 1.4641

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Let x be the annual payments

x * [1 - (1 + 13%)^-12] / 13% = $36,602.50

x * [1 - (1.13)^-12] / 13% = $36,602.50

x * [1 - 0.2307059] / 13% = $36,602.50

x * 0.7692941/0.13 = $36,602.50

x * 5.91764692 = $36,602.50

x = $36,602.50/5.91764692

x = 6185.313266375142

x = $6,185.31

So therefore, his annual payment will be $6,185.31.

4 0
3 years ago
Suppose that a firm produces 200,000 units a year and sells them all for $10 each. The explicit costs of production are $1,500,0
satela [25.4K]

Answer:

Accounting profit will be $500000

Economic profit will be $200000

Explanation:

We have given number of units produces = 200000

Cost of one unit = $10

So total cost of production = 100000×$10 = $1000000

Explicit cost = $1500000

And implicit cost = $300000

We know that accounting profit = revenue - explicit cost = $1000000-$1500000 = $500000

And economic profit = revenue - implicit cost = $1000000-$300000 = $200000  

7 0
3 years ago
Art is a self-employed installer of home entertainment systems, and he drives his car frequently to installation locations. Art
kap26 [50]

Answer:

Explanation:

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Cost of gasoline = (3,760 miles)($1,590/18,800 miles) = $318

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Adding the costs will give us an answer of $5118.

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3 0
3 years ago
Landing Service is a lawn furniture company that has been around for many years. It is known for its ability to produce furnitur
morpeh [17]

Answer:

Landing Service

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e. absolute

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a. Import duty

Explanation:

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Import duty, in this scenario, refers to the tax imposed by the Brazilian government on Landing Service's furniture. This tax increases the price of the furniture for the Brazilian importers and consumers.

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