Answer:
- 15.75%
Explanation:
The computation of the rate of return on his investment is shown below:
= (Year end investment value - investment value + annual dividend) ÷ (Investment value)
= ($2,000 - $2,400 + $22) ÷ ($2,400)
= -$378 ÷ 2,400
= - 15.75%
Simply we divided the difference of investment and added the annual dividend and then divided it by the investment value
Answer: Variable interest rate loan
Explanation:
Given, Sara has a loan with an interest rate of 2% now, but according to the terms and conditions, the interest rate could quadrupole after 18 months.
That means the interest rate will change after 18 months.
The term that summarize the situations would be "variable interest rate loan"
- A variable interest rate loan is defined as a loan in which the interest rate charged on the current balance fluctuates over time as market interest rates changes.
- It mostly generate more interest.
if im not mistaken it might be services.
correct me if im wrong
First off if you ever look at someone's paycheck it has a spot on there that tells you how much is taken away. There are so many different things associated with federal income tax. Social Security, Medicare, and Medicaid are all taken out due to Federal Income Tax. Social Security is suppose to pay you back for all they have taken once you retire.
