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3 years ago

9

A new home sold for $350,000. The tax rate is $.825 per hundred or fraction thereof. How much will the annual taxes be on this p

roperty?

1 answer:

Sonbull [250]3 years ago

3 0

Answer:

$2,887.50

Explanation:

$350,000 ÷ 100 = $3,500

$3,500 x 0.825 = $2,887.50

hope this helps :)

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mojhsa [17]

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The interest rate that should be used when evaluating a capital investment project is sometimes called the ______________. i. in

OlgaM077 [116]

The interest rate that should be used when evaluating a capital investment project is sometimes called the appropriate discount rate and cost of capital.

The cost of capital refers to the minimum rate of return needed from an investment to make it worthwhile, whereas the discount rate is the rate used to discount the future cash flows from an investment to the present value to determine if an investment will be profitable. Appropriate Discount Rate means, at any time, the real (i.e., not inflation adjusted) weighted average cost of capital (after taxes payable by the concession business).

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2 years ago

If the marginal propensity to consume is 0.30 , what is the multiplier, assuming there are no taxes or imports

ollegr [7]

Answer:

Multiplier or k = 1.428571429 rounded off to 1.43

Explanation:

A change in consumer income leading to an increased consumer spending based on the Marginal propensity to consume or MPC can have a much larger effect in the economy due to the multiplier. A multiplier is the is the amount of new income that is generated form an addition of extra income.

The marginal propensity to consume or MPC is the percentage of the additional income that will be used for consumption spending. The formula to calculate the multiplier, also denoted as k, is:

k = 1 / (1 - MPC)

k = 1 / (1 - 0.3)

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4 years ago

On April 1, 2018, John Vaughn purchased appliances from the Acme Appliance Company for $1,200. In order to increase sales, Acme

Darina [25.2K]

Answer:

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Explanation:

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According to given data

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Value on October 1, 2018 = 1200 x ( 1 + 2%)^6-1 = 1,325

Monthly payment can be calculated by using following fomula

PV of annuity = P x [ ( 1- ( 1+ r )^-n ) / r ]

$1,325 = P x [ ( 1- ( 1+ 2% )^-18 ) / 2% ]

$1,325 = P x [ ( 1- ( 1+ 0.02 )^-18 ) / 0.02 ]

$1,325 = P x [ ( 1- ( 1.02 )^-18 ) / 0.02 ]

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