Amount of money deposited in the two accounts is 80% of 7500$.
Amount of money in the two accounts = 0.8 * 7500 = 6000$
Now assume that the amount deposited in CD account is m and the amount deposited in the saving bond is n.
m + n = 6000
Therefore: m = 6000 - n ................> equation I
Now we write another equation expressing the savings:
0.04m + 0.07n = 360 ............> equation II
Substitute with equation I in equation II:
0.04 (6000-n) + 0.07n = 360
240 - 0.04n + 0.07n = 360
0.03n = 120
n = 4000 $
Substitute with n in equation I to get the value of m as follows:
m = 6000 - n = 6000 - 4000 = 2000
Based on these calculations:
The amount of money deposited in the CD = 2000$
The amount of money deposited in the saving account = 4000$
A W-4 form is a short form you use when you don't have a lot of things to pay for. So when you get out of high school is an example to use it. so one of the entries is your paycheck amount, tax, and how much money you will or will not get
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Answer:
The second statement is true.
Explanation:
- The school is dependent on what state the 529 is registered with.
- Option 3 is not a benefit
- 529 contributions are made with after tax dollars, only interest earned and distributions are tax deffered.
Answer:
The cost of goods available for sale is $345,000
Explanation:
Beginning finished goods inventory $25,000
Cost of Goods manufactured $320,000
Cost of Goods available for sale,
= Beginning finished goods inventory + Cost of Goods manufactured
= $25,000 + $320,000
= $345,000
