Answer:
You will have $5,116 in the account.
Explanation:
a) End of 1st-year deposit of $1,200 will become $1,757 ($1,200 * 1.464) in four years' time.
b) End of 2nd-year deposit of $1,000 will become $1,331 ($1,000 * 1.331) in three years' time.
c) End of 3rd-year deposit of $800 will become $968 ($800 * 1.21) in two years' time.
d) End of 4th-year deposit of $600 will become $660 ($600 * 1.1) in a year's time.
e) End of 5th-year deposit of $400 will be $400 in 0 year's time.
f) The total will be $5,117 (a+b+c+d+e).
g) The future value factor is equal to 1.1ⁿ, where the discount factor is 10%.
Answer:
Elliot's qualified business income deduction is $28,000.
Explanation:
total income
= share in specified service business income + wages of wife
= 280000*50% + $90000
= $230,000
taxable income before QBI = total income - standard deduction
= $230,000 - $24,000
= $206,000
QBI deduction is lesser of:
- 20% of qualified business income
= $140,000*20%
= $28,000
Therefore, Elliot's qualified business income deduction is $28,000.
Answer and explanation:
Inflation is the increase in prices of goods or services over time. Under this scenario, consumers' purchasing power decreases. Typically, under inflationary stations, the government tends to intervene as a regulator of the market increasing interest rates to offset the economic phenomena.
The most likely result of inflation is the <em>increase in prices of the overall market but it also causes investments to fall and unemployment to rise</em>.
Answer:
I would choose violent crime.
Explanation:
It motivates me to choose it since it can help to make most of the other issues easier to tackle since where there is violent crime, there is usually the other issues stated in the list.
I hope this helps :)