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Nuetrik [128]
4 years ago
7

If a taxpayer's pension or annuity includes contributions that were previously included in gross income, the taxpayer may genera

lly:
Business
1 answer:
drek231 [11]4 years ago
3 0
If some contributions to your pension or annuity plan were prior combined in gross income, you can omit the part of the distributions from income. You must know the tax-free part when the payments start. The tax-free part normally stays the same each year, even if the amount of the payment changes. Nevertheless, the whole amount of your pension or annuity that you can omit from your income is typically defined by your total cost.
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A likely outcome of increased self-knowledge is
aev [14]
Since there is no option, it could be :

- you get an ability to compensate your weakness

- You can spot your competition weakness

- You gain self confidence

- You are cut out to solve a wide variety of problems
4 0
4 years ago
A zero-coupon bond pays no annual coupon interest payments. When it matures at the end of 10 years it pays out $1,000. If invest
yanalaym [24]

Answer:

$532.73

Explanation:

we need to determine the present value of the bond:

Present value = future value / (1 + r)ⁿ

where:

  • future value (FV) = $1,000
  • r = 6.5%
  • n = 10 years

PV = $1,000 / (1 + 6.5%)¹⁰ = $1,000 / 1.065¹⁰ = $1,000 / 1.8771 = $532.73

4 0
4 years ago
Read 2 more answers
Assume the real rate of interest is 3.00% and the inflation rate is 6.00%. What is the value today of receiving 14,488.00 in 13.
OverLord2011 [107]

Answer:

Present Value= $15,874.25

Explanation:

Giving the following information:

Assume the real rate of interest is 3.00% and the inflation rate is 6.00%. What is the value today of receiving 14,488.00 in 13.00 years?

<u>This is a rare case where the interest rate is negative:</u>

Interest rate= 0.03 - 0.06= -0.03

Having said this, the present value is higher than the final value:

PV= FV/ (1+i)^n

PV= 14,488/ 0.97^3= $15,874.25

6 0
4 years ago
When each person specializes in producing the good in which he or she has a comparative advantage, total production in the econo
OLga [1]

Answer:

The correct answer is c) rises.

Explanation:

Each country in question will specialize in what is most efficient. At the same time, it will import the rest of the products in which they are most ineffective in terms of production. Although a country does not have an absolute advantage in producing any good, it may specialize in those goods in which it finds a greater comparative advantage and finally participate in the international market. In this sense, it can boost its foreign trade.

It is then the basic idea that countries choose to specialize in order to trade in activities where they have a certain advantage. That is, instead of producing what they do best in an absolute way, they produce what they do best in a relative way. Therefore, the difference with the theory of absolute advantage is that it does not produce what the country costs less, but the one with lower comparative costs.

7 0
4 years ago
Explain why it is necessary to understand the time value of money. give some examples of how you would use the concept in your b
OleMash [197]
If we didnt know the value of money, then youll never truly know how much you have, you could see that lettuce is "1.00" and all you have are pennies, but to you, its one peny which you would be disappionted to find out that you dont have enough at all. knowing the value of money is extremely important
7 0
3 years ago
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