Answer:
investment after 6 years = $129.80
Explanation:
given data
invested = $110
simple interest = 3%
period = 6 years
to find out
How much will his investment be worth after 6 years
solution
first we get here interest that is express as
interest = invested amount × rate × time ..................1
interest = $110 × 3% × 6
interest = $19.8
and
investment after 6 years = invested amount + interest .................2
investment after 6 years = $110 + $19.8
investment after 6 years = $129.80
Answer:
$5,000 increase
Explanation:
As Martha has the main home in Houston and in the current year she rented it for only 10 days, this means that house is rented for less than 14 days and will be still treated as her personal residence, therefore, no deduction will be available for Martha against her rental income. Martha's Adjusted gross income will be increased by an amount of $5,000.
A, B, and C would best demonstrate the tasks.