Answer:
c. 6%.
Explanation:
Nominal interest rate = Real interest rate + Expected rate of inflation
Real interest rate = Nominal interest rate - Expected rate of inflation
United Kingdom
Real interest rate = 8% - 6% = 2%
Use Real Interest rate globally
Nominal interest rate = Real interest rate + Expected rate of inflation
Nominal interest rate = 2% + 4% = 6%
Answer:
c : principal
Explanation:
What do you need to provide in order to get secured credit?
An asset.
In the given example, Gavin would be best described as a
(e.) middle manager. His job entails supervising the work of several payroll clerks
and training them in proper procedures and ensuring that the deductions and
withholding taxes are properly deducted and complied with the company’s policy
which means Gavin serves as a mentor or guide to those employees who does not
have enough experience yet in order for them to work efficiently.
Answer:
7.8%
Explanation:
For computing the coupon rate first we have to determine the PMT by using the PMT formula which is shown in the attachment below:
Given that,
Present value = $969
Future value or Face value = $1,000
RATE =8.1%
NPER = 17 years
The formula is shown below:
= PMT(RATE;NPER;-PV;FV;type)
The present value come in negative
So, after applying the above formula, the PMT is $77.58
Now the coupon rate is
= $77.58 ÷ $1,000
= 7.8%
Government often tax the income of its people. The reason why might he be right is that if an individual expect tax rates to go up or because one is starting your career and your tax bracket would be lower now than what it will be later on.
- When an individual is older and in retirement, the person would want to save your money and not have to worry about any taxes.
- Tax advantages simply defined as the economic bonus that applies to some accounts or investments that an individual has such as one gotten by statute, tax-reduced, tax-deferred, or tax-free.
Conclusively, An Examples of tax-advantaged accounts and investments are retirement plans, education savings accounts, medical savings accounts etc.
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