That would be known as taxable income
Answer:
Funds held in a savings account are highly liquid
Explanation:
The purpose of a savings account is the assist a customer achieve their saving objectives. A savings account is a secure way of accumulating funds for an intended purpose or keeping money that does not have immediate use.
Financial institutions that offer savings account limit on withdrawals to help a customer achieve planned saving objective. It means money saved is not accessible at will. Penalties apply should a customer insists on more than the acceptable number of withdrawals.
Answer:
$105,547
Explanation:
Original cost of machine = $270,000
Machine sold for = $150,000
Book value = $120,000
Down payment = $30,000
$60,000 payable on December 31 each of the next two years
.
Present value of an ordinary annuity of 1 at 9% for 2 years = 1.75911
The amount of the notes receivable net of the unamortized discount:
= Amount paid on December 31st × Present value of an ordinary annuity
= $60,000 × 1.75911
= $105,547
The available options are:
A. Geography
B. History
C. Anthropology
D. Psychology
Answer:
Psychology
Explanation:
Considering that Psychology is the study of the human mind and behavior, which often works according to its interaction with both external and internal influence. The internal influences are thoughts and ideas, while external influence is what humans see, hear, and observe.
Hence, in this case, the social science that most fits with the description in the question above is PSYCHOLOGY.
