Answer: False
Explanation:
<em>The given statement from the following case/scenario is false</em> because in accordance to the rules of law of United States of America , the payments made to foreign officials are always deductible. Therefore the payments that are made by Susan to the Saudi officials are deductible, unless and until they are illegal
.
To ward off the effects of Murphy's Law: Anything that has the potential to go wrong will. In the event that relatively minor, unanticipated events occur, such as those for which you would typically reach for your credit card, a $1,000 savings account serves as a buffer.
How can the debt snowball method accelerate your debt repayment?
Pay the minimum on all of your debts, except for the smallest one, until it is paid off, then apply the paid-off debt's payment to the next debt on the list, continuing to "snowball" payments toward each larger debt. In order to pay off your debts, arrange them in order from smallest to largest.
Why is it that people who don't pay with cash are more likely to spend too much?
When compared to cash, credit card users typically spend more. They are not only more likely to make more impulse purchases and give larger tips, but they are also more likely to buy something at a higher price.
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1. Modernization
2. An increase in people's interest in technology, making it soon become an item for sale.
3. Increasing the benefit of these industries (The benefit being financially)
Answer:
a. What would be the value of a savings account started with $700, earning 4 percent (compounded annually) after 10 years?
$700 * 1.480 = $1,036.00
b. Brenda Young desires to have $15,000 eight years from now for her daughter’s college fund. If she will earn 6 percent (compounded annually) on her money, what amount should she deposit now? Use the present value of a single amount calculation.
$15,000 * 0.627 = $9,405
c. What amount would you have if you deposited $1,800 a year for 30 years at 8 percent (compounded annually)?
$1,800 * 113.28 = $203,904
Answer:
T must pay income taxes for the $3,000 he receives.
Explanation:
If the beneficiary of the disability benefits paid the premiums, then the money received is tax free. On the other hand, if the premiums were paid by someone else (in this case his employer), then the benefits will be taxed as normal income.