All categories

3 years ago

What would $250000 make per year in a savings account?

Business

1 answer:

Mumz [18]3 years ago

6 0

It would make you $7,500

because banks usually pay a person $0.03 for every dollar

250,000 times .03 equals 7,500

You might be interested in

Moss exchanges a warehouse for a building he will use as an office building. The adjusted basis of the warehouse is $600,000 and

rodikova [14]

Answer:

correct option is b. $0 and $450,000

Explanation:

given data

adjusted basis warehouse = $600,000

fair market value office building = $350,000

receives cash = $150,000

to find out

What is the recognized gain or loss and the basis of the office building

solution

we get first realized amount that is

realized amount = office building + cash

realized amount = 350000+ 150000

realized amount = $500000

adjusted basis = $600000

realized loss = $10000

and recognized loss = $0

and

basis of office building will be here as

basis of office building = office building + postponed loss

basis of office building = 350000 + 100000

basis of office building = $450000

so correct option is b. $0 and $450,000

4 0

3 years ago

Theo's policy of paying impoverished cacao farmers in Congo three times the going rate is designed to: a.benefit farming communi

Ksivusya [100]

Answer:

A) Benefit farming communities in Congo

Explanation:

A policy of paying more than strictly necessary to poor farmers in Congo directly benefits those communities because it allows them to have more income available.

None of the other three answers address this effect. B) is wrong because the firm is incurring in higher wage costs, which does not benefit the company's bottom line. C) is wrong because farming is not part of the third sector of the economy, it is part of the first sector or primary sector, and D) is wrong because we do not have enough information to assume that those jobs in Congo were previously located somewhere else.

8 0

3 years ago

In 1880 five aboriginal trackers were each promised the equivalent of 100 Australian dollars for helping to capture the notoriou

SSSSS [86.1K]

Answer: If interest rate was 4%= $180.09. If interest rate was 8%= $317.22

Explanation:

Assuming that the aboriginal trackers were promised the $100 at the beginning of the year 1880 and the claim was also made at the beginning of the year 1995.

Number of years from 1880-1995 = 15 years

If the interest rate was 4%

= 100*(1+4%)^15

= $180.09

If the interest rate was 8%

= 100*(1+8%)^15

= $317.22

7 0

3 years ago

Apparent authority arises from what the principal makes clear to the agent.

Phantasy [73]

The answer would be true because they take authority. that's what I got from the internet hope this helps.

6 0

4 years ago

Which of the following statements is correct with respect to machine setup costs? A. Since direct material and direct labor inf

frozen [14]

Answer:

A. Since direct material and direct labor information are not given, it is impossible to determine if the product lines are being over/undercosted.

Explanation:

The above option is the correct answer to the question asked above regarding to the machine setup costs.

3 0

4 years ago