Future value = FV = $6000
Time period = n = 8
interest rate = r = 12%
Present value (PV) is calculated using the formula:
PV = FV/(1+r)n
Present Value = PV = 6000/(1+12%)8 = 6000/1.128 = 2423.299368
Answer -> 2,423
The facts of McCulloch v. Maryland led to a different holding than that of Hammer v. Dagenhart because it involved preventing states from taxing the Federal government.
<h3>What is Taxation?</h3>
This is defined as a compulsory levy or financial charge which is imposed on people so as to serve as a source of revenue thereby funding government spending.
The McCulloch v. Maryland case was about the Congress attempting to regulate the production of goods while the Hammer v. Dagenhart involved states wanting to tax the federal government via the federal bank.
Read more about Taxation here brainly.com/question/25783927
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The Warsaw Pact, which included; <span>Bulgaria, Czechoslovakia, East Germany, Hungary, Poland, Romania, and the Soviet Union.</span>
The second 1 was made from a papyrus plant and the 1st one is and the other is different languages
