Repayment Limitation Table for 2017
Household Income Percentage of Federal Poverty Line Limitation Amount for Single Limitation Amount for all other filing statuses
At least 200%, but less than 300% $750 $1,500
At least 300%, but less than 400% $1,275 $2,550
400% or more No limit No limit
Answer:
a. $519
b. $481.69
c. $500 Today
Explanation:
a. Computation of amount in one year
= $500 × 1.038
= $519
for computing the 1.038 (1 + 1.038)
b. Computation of amount of today
= $500 ÷ 1.038
= $481.69
c. $500 today
No, because today I have money and it will not depend on when I need the money. I can earn interest and invest the amount till the time I need the money actually.
Answer:The up-to-date ending cash balance on October 31 is: $8,290---C
Explanation:
A bank Reconciliation statement helps to match a company's book record to its bank record and adjust discrepancies, If any.
Here, the deposits in transit and outstanding checks fall under the bank's accounting records and will not be involved in the company's additions or deductions in the accounting book balance records.
Ending cash balance as per books = $7,000
Add:
Interest received from Bank = +$1,700
subtotal $8,700
Deduct
Bank Service charge = -$60
NSF check = -$350
Up-to-date ending cash balance = $8,290
Answer:
a. May not be able to afford, but nevertheless admire, global brands.
Explanation:
Let's analize all the statements for separate.
A.Global dreamers favour the global brands. Unlike global citizens can't afford them, but still admire them.
B. Refers to Antiglobals
C. Refers to global agnostics
D. Is against some global brands, can be seen as soft global agnostic.
Answer:
Personal income tax is generally computed as the product of a tax rate times taxable income
Explanation:
