Answer: $38,250
Explanation:
Current portion of tax is the amount of tax payable on the current taxable income:
= Taxable income * tax rate
= 153,000 * 25%
= $38,250
The present value of the investment future value is $38,628.40
What is present value?
Present value is the today's worth of a future amount when discounted or expressed in today's dollar equivalence.
The present value of a single future cash flow can be determined using the present value formula below:
PV=FV/(1+r/365)^(N*365)
PV=present value=unknown
FV=future value=$95,000
r=discount rate=9%
N=number of years before the future amount is received=10
365 is an indication of number of years in a year since discounted is compounded daily.
PV=$95,000/(1+9%/365)^(10*365)
PV=$38,628.40
The present value can be further understood using the link below:
brainly.com/question/18490474
#SPJ1
The demand for his hot dogs will decrease. This is because Andrea is selling things at a better price than Jeff, and Mark and his friends would probably like to try something different than hot dogs.
When the economy is not at full employment and an expansionary monetary policy is followed:
- Interest rates decrease
- Investment spending increases
When there is an expansionary monetary policy in place, more money is pumped into the economy which means that there are more loanable funds. This increase in the supply of loanable funds will decrease the interest associated with them.
As a result of interest rates being lower, more businesses and people will be able to borrow money and invest in projects thereby increasing investment spending.
In conclusion, there will be an increase in investment spending due to a decrease in interest rates.
<em>Find out more at brainly.com/question/2343055. </em>
A credit union is owned and operated by the people who have accounts in it. In a traditional bank, the bank is run by a president and a board of higher people. In a credit union, all members of the union own a stake of the company and the board is made up of members of the credit union.
