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masha68 [24]
3 years ago
8

A family wishes to save for future college expenses. Which financial tool should the family invest in?

Business
1 answer:
emmainna [20.7K]3 years ago
8 0

Answer:

529 Plan

Explanation:

A 529 plan is a tax-advantaged savings plan designed to encourage saving for future education costs.

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Where is Nova City Islamabad located? Also is it under progress or has the development been completed?
elena55 [62]

Answer:

Nova City is a prime location in Islamabad

Explanation:

It is a few kilometers away from the New Islamabad International Airport.  It is right next to CPEC Ring Road Interchange and is at the center of twin cities.

The project is not yet launched, but the development of the infrastructure has started that will attract the investors towards the project.

7 0
2 years ago
Seventeen years ago, Susan designed a corrugated steel culvert for a rural road. Her work was accepted and paid for by the count
Lemur [1.5K]

Answer:

C. Statute of limitations.

Explanation:

Statute of limitations are laws which states the time limit of when legal proceedings must be initiated between concerned parties from the date in which alleged offence was perpetrated.

In statue of limitations, the time limit for somebody is wronged to initiate legal action is not fixed in all jurisdiction. It means that depending on the nature of the alleged offense under statute of limitation, time allowed to institute legal actions varies.

Example of statue of limitation is that for certain states, the time limit to initiate legal case say on fraud is two years. It means that one must bring up the case in a court of law within the stipulated two years period. Once the two year grace elapse, one can no longer sue for fraud in the court of law.

Although there is no time limit for certain offence like murder case, sex offence with minor etc.

As in the case above, the judge threw away the case because according to the law of statute of limitation, a party that is wronged can only sue the wrong doer within the stipulated time as spelt out within the jurisdiction where the alleged offence was committed.

4 0
3 years ago
Say the reserve requirement is 20 percent. If you pay back a loan of $10,000 a bank had previously made to you, the act of payin
otez555 [7]

Answer:

a. adds $10,000 in bank reserves.

Explanation:

Given that

Reserve requirement is 20%

Now if you want to pay back the loan of $10,000 so here the act of paying back the loan is that the amount of loan i.e. $10,00 would get added to the bank reserves

Therefore as per the given situation, the option a is correct

And, the same is to be considered

Thus, all the other options are incorrect

4 0
3 years ago
Ben and John formed BCD Inc., a corporation, in 2013. Ben received 80% of the voting common stock, the only class of stock and J
Lady_Fox [76]

Answer:

Gain recognized by Ben = $10,000

Explanation:

Given Data:

Adjusted basis of property=$40000

Cash received =  $15000

Additional stock received = $35000

Total received =  Cash received + Additional stock received

                        = $35000 + $15000

                        = $50000

 Gain recognized by Ben = Total received - Adjusted basis of property

                                          =$50,000  -$40,000

                                        = $10,000

Therefore, gain recognized by Ben  = $10,000

8 0
2 years ago
For each of the following, compute the present value: (Do not round intermediate calculations and round your answer to 2 decimal
timurjin [86]

Answer:

Present value = FV / (1 + r)^t

1. PV = $19,415 / (1 + 0.07)^15

PV = $19,415 / (1.07)^15

PV = $19,415 / 2.759031

PV = $7,036.89

2. PV = $47,382 / (1 + 0.11)^8

PV = $47,382 / (1.11)^8

PV = $47,382 / 2.3045378

PV = $20,560.31

3. PV = $312,176 / (1 + 0.10)^13

PV = $312,176 / (1.10)^13

PV = $312,176 / 3.4522712

PV = $90,426.27

4. PV = $629,381 / (1 + 0.13)^25

PV = $629,381 / (1.13)^25

PV = $629,381 / 21.230542

PV = $29,645.07

5 0
3 years ago
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