Answer: $3,927
Step-by-step explanation:
The interest will accrue as a simple interest rate for 10 years and then the grace period of six months.
The total time is therefore: 10.5 years.
Interest for those 10.5 years is:
= Loan amount * No. of periods * interest rate
= 5,500 * 10.5 * 6.8%
= $3,927
If there are choices, please list them.
If not, it is certainly a capital gain if you live in the United States.
And capital gains are taxed. Again if you are in the US and you are not a trader, you will be taxed at a different higher rate if you sold it in less than a 1 year period.
Over a year and it is called a long term gain and the tax rate is lower. There's more about how to write off short term losses and gains, but that's getting into complexity you probably don't need to know about.
Answer: Capital Gain <<<<<<
Answer:
21.7
Step-by-step explanation:
divide
Answer:
It is not due to the fact it has no variable
