Mormons are a member of the Church of Jesus Christ of Latter-day Saints, a religion founded in the US in 1830 by Joseph Smith, Jr.<span>
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Answer:
The correct answer is $720 in Year 1 and $240 in Year 2 Next.
Explanation:
According to the scenario, the given data are as follows:
Loan Amount =$16,000
Rate of interest = 6%
Time period for first year (Apr - Dec) = 9 months
Time period for second year ( Jan - Mar) = 3 months
So, we can calculate the amount of interest by using following formula:
For first year:
Amount of interest (1st year) = $16,000 × 6% × 9 ÷ 12 = $720
Amount of interest (2nd year) = $16,000 × 6% × 3 ÷ 12 = $240
The earliest elections will come effective on January 1, 2016 for case a, b, d anf January 1, 2017 for rest options.
<h3>For different
alternative scenarios:</h3>
a.) Jane is on top of things and makes the election on January 1, 2016.
January 1, 2016
b.) Jane is mostly on top of things and makes the election on January 15, 2016.
January 1, 2016
c.)Jane makes the election on February 10, 2016. She needed a little time to convince a C corporation shareholder to sell its stock to a qualifying shareholder. That process took all of January, and she was glad to have it over with.
January 1, 2017
d.)Jane makes the election on March 14, 2016.
January 1, 2016
e.)Jane makes the election on February 5, 2016. One of the shareholders refused to consent to the S election. He has since sold his shares (on January 15, 2016) to another shareholder who consented to the election.
January 1, 2017
To view similar question about election scenarios, refer to:
brainly.com/question/17101454
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A mixed economy is <span>a system mixing private and public enterprises.</span>
