Answer:
Range is : (0, 0.1x)
Explanation:
Problem has no information about amount of salary, so I will just use 'x' and 'y'.
Problem says that vehicle payment should be no more than 10% of gross monthly salary. This means that vehicle payment (Y) equals to 0.1 (10%) multiplied by gross monthly salary, which is stated as 'X'.
From this y = 0.1 X;
Next, if we want to identify range of payments: (0; 0.1X).
This means that any amount of money between 0 and 0.1X is acceptable.
Your federal income taxes are taxes that are taken by the federal government based on the amount of money you make during the year. These taxes come out on each paycheck and are deducted from your salary. At the end of the year, you are able to file a tax return and claim things against the money the government has taken from you to receive some back. This is known as filing your Federal Tax Return. When solving this question, we are assuming there are no deductions and we know that the federal income taxes are 10% of $42,500.
To solve, take $42,500 and multiply it by 10%, this will give you the total amount of income tax owed which is $4,250.
Answer:
The Net Present Value (NPV) of this project is <u>$93,405.59</u>.
Explanation:
Note: Find attached the excel file for the calculation of the NPV of this project.
Net present value (NPV) refers to the present value of cash inflows minus the present value of cash outflows over a specified period of time.
On its own, present value (PV) refers the value that a future sum of money or stream of cash flows has now or currently given a specified rate of return. The formula for calculating the PV is given as follows:
PV = FV / (1 + r)^n
Where,
FV = Future value
r = discount rate. This is given as 10% in this question
n = Relevant period, e.g. year
The above explanation and formula together with other stated formulae in the attached excel file is used in calculating the NPV of this project.
Answer:
-valid driver's license
- 18 years old or more (for younger than 18 you can look into limited involvement as a junior firefighter.)
- At least a high school diploma or GED.
- pass the physical ability test.
- Pass the written exam
- pass the interview
-You’ll still need to attend a department’s academy once hired
(may be differnt depending on your state, country, etc)
<3
<span>The product price and the average total cost determines the profit. If a company is charging a higher price than the per-unit cost, then they are earning a profit on that item. If they increase the price with everything else remaining constant, their profit increases. The opposite happens when they lower the price, all else held constant.</span>
