Answer:
I think, it is B im not too sure.
Hope this helped!
Explanation:
Answer:
FV= $22,333.56
Explanation:
Giving the following information:
Semi-annual investment= $750
Interest rate= 0.08/2= 0.04
Number of periods= 10*2= 20
<u>To calculate the future value, we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= semi-annual deposit
FV= {750*[(1.04^20) - 1]} / 0.04
FV= $22,333.56
Accounting clerkAn accounting worker who processes routine details about accounting transactions.hope this helps
Answer:
i. $40,000
ii. $410,000
iii. 180 days after July 12, 2015
Explanation:
i. The taxpayer's recognized gain is $40,000 ($450,000 -$410,000). The cost of the new office - the amount received from the insurance company.
ii. The taxpayer's basis for the new office is the cost of purchasing the new office building which is $410,000.
iii. Taxpayers can qualify for deferral treatment if they reinvest proceeds into a QOF (Qualified Opportunity Funds) within 180 days of receiving the gain. Because the new office was purchased on July 12, this is the applicable date.
Answer:
$960,000
Explanation:
$1,000 (Monthly income x 30%)
$1,000 (3200 x 30%)
= $960,000
