Answer: The cost recovery deduction for 2019 for these assets is $43000.
Explanation:
New business asset (five year property) purchased March 10, 2019 = $30000
New business asset (seven year property) purchased on November 20, 2019 = $13000
Additional depreciation of the first year is referred as the bonus depreciation.
Also, bonus depreciation in the year 2019 is at 100% of the value of assets bought during this year.
∴ Total assets value = New business asset (five year property) + New business asset (seven year property)
= $30000 + $13000
= $43000
Hence, the cost recovery deduction for 2019 for these assets is $43000.
Answer:
<em>The big goal of real estate investing is to increase your cash, otherwise known as building capital. </em>
Convert Hours per shift into total days worked for a week then convert it into total 365 - Days working + Hourly Pay
Answer:
$ 2,209,797.96
Explanation:
Given:
Salary = $100,000
Salary investment rate = 13%
Salary increase rate(g) = 5%
number of year = 25
Annual rate of return(i) = 11%
Calculation:
Salary invested = $100,000*13% = $13,000
calculation of present worth
![P=A[\frac{1-(1+g)^n(1+i)^{-n}}{i-g}] \\P=13000[\frac{1-(1+0.05)^{25}(1+0.11)^{-25}}{0.11-0.05}] \\P=13000[\frac{1-(1.05)^{25}(1.11)^{-25}}{0.06}] \\P=13000[\frac{1-(3.386354)(0.073608086)}{0.06}]\\\\P=13000[\frac{1-0.249263}{0.06}]\\\\ P=13000[12.5122827]\\\\\\P= 162,659.675](https://tex.z-dn.net/?f=P%3DA%5B%5Cfrac%7B1-%281%2Bg%29%5En%281%2Bi%29%5E%7B-n%7D%7D%7Bi-g%7D%5D%20%5C%5CP%3D13000%5B%5Cfrac%7B1-%281%2B0.05%29%5E%7B25%7D%281%2B0.11%29%5E%7B-25%7D%7D%7B0.11-0.05%7D%5D%20%5C%5CP%3D13000%5B%5Cfrac%7B1-%281.05%29%5E%7B25%7D%281.11%29%5E%7B-25%7D%7D%7B0.06%7D%5D%20%5C%5CP%3D13000%5B%5Cfrac%7B1-%283.386354%29%280.073608086%29%7D%7B0.06%7D%5D%5C%5C%5C%5CP%3D13000%5B%5Cfrac%7B1-0.249263%7D%7B0.06%7D%5D%5C%5C%5C%5C%20P%3D13000%5B12.5122827%5D%5C%5C%5C%5C%5C%5CP%3D%20162%2C659.675)

Answer:
There is 2,348,889,264 way to pick exactly 5 out of the 6 winning numbers.
Explanation:
hi, we need to use a combination in order to get 5 out of the 6 winning numbers of a ticket without regard to order. The formula is as follows.

Where:
n = total numbers in the lottery (in our case, 84)
r = winning numbers (in our case, 5)
everything should look like this:



Best of luck.