Answer:
10.94%
Explanation:
Your father was born 48 years ago
His grandfather deposited $250 in an account for him
Today the money is worth $36,500
The annual rate of his return can be calculated as follows
= 36500/250 ×1/48= (1+r/100)
= 146^0.020833= (1+r/100)
= 1.1094-1
= 0.10940×100
= 10.94%
False.
Credit scores range from 300-850 and are a measure of your payment history, level of debt, and how long you have been responsible for debt.
Answer:
First, they "stamp" the return with an electronic postmark, and then they will send it to the government.
Then you both wait 24 to 48 hours for the IRS to accept your return.
What are they doing? They are checking your personal information to make sure it matches their records.
If everything looks good, the IRS accepts your return.
Hope this helps..
Answer:
The journal entry is given as follows;
Explanation:
Accounts Receivable-Valley Spa Dr.$7,930
Interest Revenue (7,800*10%*2/12) Cr.$130
Notes Receivable Cr.$7,800
<u>Answer:</u>$35 Billion
<u>Explanation:</u>
Marginal propensity to consume means the raise in income of the consumer which the consumer is willing to pay for the goods and services. The proportional increase in income of the Italian people will increase their amount spent of goods. MPC differs based on the income of the consumers. Here the Italian government to increase economic activity checks have been send to the customers for spending.
The real GDP can be calculated as follows.
MPC = ($70 billion)(1.5) = $105 billion
GDP= $105 - $70 billion = $35 billion