Answer: an instruction, command, or duty given to a person or group of people.
Explanation:
an instruction, command, or duty given to a person or group of people.
Answer:
If $40,000 is invested in the trust fund in the year 2021 and if it earns a very good rate of return of 10% per year, the amount of each scholarship, starting in 2035 will be:
= $167,089.93
Explanation:
a) Data and Calculations:
Investment in the trust fund in 2021 = $40,000
Investment period = 15 years (2021 to 2035)
Rate of return = 10%
From an online financial calculator:
N (# of periods) 15
I/Y (Interest per year) 10
PV (Present Value) 40000
PMT (Periodic Payment) 0
Results
FV = $167,089.93
Total Interest $127,089.93
Answer:
For 2018, Social security wage limit is $128,400
Gross earning of the period = (40*40.50)+(2*60.75) = $1,741.50
a. Taxable income for federal income tax withholding = Gross Income = $1,741.50
b. Taxable income for social security tax = $128,400 - $127,800 = $600
c. Taxable income for medicare tax = $1,741.50
Answer:
The firm reduced its price to maintain its market share.
Explanation:
An online streaming service is providing its basic package at the price of $14.99.
A competitor of the firm offers the same service at $13.99.
The firm in the reaction will also reduce its price to $13.99.
We know that the consumers always prefer the cheaper substitute, so if the competitor was providing the service at a lower price, it was most likely that the consumers will purchase from the competitor.
This would have led to a decline in the demand and thus the market share of the firm. So in order to maintain its market share. The firm reduced its price at the same level as its competitor.
Answer:
You got this, never give up!
Explanation:
Believe in yourself. : )
