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Agata [3.3K]
3 years ago
15

Which savings account can a financial institution end?

Business
1 answer:
Elan Coil [88]3 years ago
6 0
Callable Certificate of Deposit is a type of savings account that a financial institution can terminate.
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Dorothy acquired a 100% interest in two passive activities: Activity A in January 2014 and Activity B in 2015. Through 2017, Act
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Answer:

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$180,000

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$240,000

Explanation:

In 2018 and 2019, Dorothy may deduct none of the net passive losses that remain after offsetting the passive income. In 2018, the $20,000 of passive income is used to absorb $20,000 of the $200,000 passive loss, leaving $180,000 of passive loss suspended. In 2019, the $40,000 of passive income is used against the $100,000 passive loss, leaving a $60,000 passive loss suspended for that year. Thus , a total of $240,000 of passive losses is suspended at the year 2019 into 2020.

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Al invested $7,200 in an account that pays 4 percent simple interest. how much money will he have at the end of five years?
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Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.
Below are the choices that can be found form other sources:

A. $8,710
B. $8,056
C. $8,640
D. $8,678
E. <span>$8,299
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