Answer:
25,670.80€
Explanation:
this is an ordinary annuity since the first payment occurs one year from now. The present value of an ordinary annuity is given by the following formula:
present value = annual distribution x PV annuity factor
- annual distribution =4,000
- PV annuity factor, 9%, 10 periods = 6.4177
present value = 4,000 x 6.4177 = 25,670.80€
Answer:
a. current tax rate or future tax rates, depending on when the temporary difference will reverse.
Explanation:
Deferred Tax is not payable to tax Authority it is only a book entry used by Accountants to match Income taxes payable in terms of Income Act and Income taxes expected to be presented to users in financial Statements.
Deferred taxes are based on current tax rate or future tax rates, depending on when the temporary difference will reverse.
When your financially comfortable
Answer:
Explanation:
Step 1. Given information.
- City of 200 people
- 100 rich, 100 poor.
Step 2. Formulas needed to solve the exercise.
- P(poor) = 0.9x^2
- P(rich)= 35x-0.1x^2
Step 3. Calculation and step 4. Solution.
P(poor) = p (rich)
0.9x2 = 35x - 0.1x2
1x2 = 35x
x = 35
x is the percentage of rich above 50%, thus there are 35% rich people above 50%.
P (poor) = 1102.5
P (rich) = 1102.5
The equilibrium premium is $1,102.5
