A corporate income tax (CIT) is levied by federal and state governments on business profits, which are revenues (what a business makes in sales) minus costs (the cost of doing business).

5 0

2 years ago

When Julius hears that there are going to be cutbacks in his department, he immediately calls his supervisor and asks for an ap

Darya [45]

Answer:

maladaptive coping

Explanation:

7 0

3 years ago

All other things being equal, the numerical difference between a present and a future value corresponds to the amount of interes

Valentin [98]

Answer:

im sorry but GOD BLEESED YOU

3 0

3 years ago

Amanda invested a total of $3 comma 100 into three separate accounts that pay 4 %, 6 % and 7 % annual interest. Amanda has thr

ludmilkaskok [199]

Answer:

the amount invested at 4% interest is $5,00

the amount invested at 6% interest is $1,100

the amount invested at 7% interest is $1,500

Explanation:

Data provided in the question:

Total amount invested = $3,100

Interest rates : 4%, 6 % and 7 %

Total interest = $191

Now,

Let the amount invested at 4% interest be 'x'

the amount invested at 6% interest be 'y'

the amount invested at 7% interest be 'z'

Therefore,

According to the question:

x + y + z = $3,100 ...........(1)

z = 3x ...............(2)

0.04x + 0.06y + 0.07z = $191 ...........(3)

From (1) and (2), we have

x + y + 3x = $3,100

4x + y = $3,100

y = $3,100 - 4x ,..........(4)

from 2, 3 and 4, we have

0.04x + 0.06( $3,100 - 4x ) + 0.07(3x) = $191

⇒ 0.04x + 186 - 0.24x + 0.21x = $191

⇒ 0.01x + 186 = $191

⇒ 0.01x = 5

x = $500

thus,

from (2)

z = 3 × 500

z = $1,500

From (4)

y = $3,100 - 4(500)

y = $1,100

Hence,

Amanda invested

the amount invested at 4% interest is $5,00

the amount invested at 6% interest is $1,100

the amount invested at 7% interest is $1,500

7 0

3 years ago