Answer:
D
Explanation:
The other options are true regarding the requirements and objectives associated with IBR
Hi I am not quite sure but I think it might be a i’m in middle school so don’t trust me on this one
Answer:
The answer is: $51.695,00
Explanation:
To calculate the present value you need to use the Net Present Value. The NPV is the difference between the present value of cash inflows and the present value of cash outflows over a period of time.
The formula is:
n
<h3>NPV= ∑ Rt/(1+i)^t</h3>
t-1
where:
R t =Net cash inflow-outflows during a single period t
i=Discount rate or return that could be earned in alternative investments
t=Number of timer periods
In this exercise:
NPV= [16500/(1,079^1)]+[25700/(1,079^2)]+[18000/(1.079^3)]
NPV= $51695
The state income tax that should be paid by Emmet Michael's is $1,336.50.
- The calculation of the state income tax paid by Emmet Michael is as follows:
= (Gross pay - exemption amount) × income tax rate
= ($31,700 - $2,000) × 4.5%
= $29,700 × 4.5%
= $1,336.50
Therefore we can conclude that the state income tax that should be paid by Emmet Michael's is $1,336.50.
Learn more about the gross pay here: brainly.com/question/14690804