Answer:
D. Guaranteed minimum withdrawal benefit
Explanation:
In the case of the guaranteed minimum withdrawal benefit, the benefit is available for fixed annuity and for a variable annuity.
When the market is down, the policyholder can withdraw the maximum percentage of the annuity value unless the amount of initial investment recouped.
Withdrawal amount should be between of five percent to ten percent of the initial investment held.
Answer:
Bread sticks: 6 × $2.50 = $15
Pizza: $12.99
$15 + $12.99 = $27.99
Tax: 7% = 0.07
$27.99 × 0.07 = $1.96 (approximate)
$27.99 - $1.96 = $26.03
hope this helped you!
Answer:
1.763
Explanation:
Data provided in the question:
Beta of $40 million portfolio = 1
Risk-free rate = 4.25%
Market risk premium = 6.00%
Expected return = 13.00%
Now,
Expected return = Risk-free rate + ( Beta × Market risk premium )
13.00% = 4.25% + ( Beta × 6.00% )
or
Beta × 6.00% = 8.75%
or
Beta = 1.458
Now,
Beta of the total profile should be equal to 1.458
Thus,
Weight of $40 million portfolio = $40 million ÷ [ $40 million + $60 million]
= 0.4
Weight of $60 million portfolio = $60 million ÷ [ $40 million + $60 million]
= 0.6
therefore,
the average beta
1.458 = 0.4 × 1 + 0.6 × ( Beta of $60 million portfolio )
or
1.058 = 0.6 × ( Beta of $60 million portfolio )
or
Beta of $60 million portfolio = 1.763
Answer:
Payable tax 9.154, equal to the tax deduction 9,154
Explanation:
Net earnings from self-employment is $135.000
Multiply earnings by 92.3%
= 135.000 * 0.9235
= 124.672,5
If the amount after multiplication is in excess of $118.500, in such case the excess of amount over 118.500 should be multiplied by 2.9%
= 124.672,5 > 118.500
The difference between both amounts is 179.
Add: to the above amount tax on social security portion and medicare portion 15.3%$ on 118.500 which is the ceiling limit.
118.500 * 15.3%
=18.130.5 + 179
=18309.5
Therefore, the tax is 18309.5
Deduction of 50% on the tax can be claimed
Therefore, deduction is 9.154.
Thus, the tax payer can be benefited from the self-assessment tax deduction.