Answer:
<u>Giselle should purchase points</u> to lower the interest rate of the mortage, this will make the cuota decrease.
Explanation:
163000 x20% = 32,600
163,000 - 32,600 = 130,040
current mortgage cuota:
C= 800.68
800.68/ 2,986 = 0.2681 = 26.81%
this cuota exeeds the desired amount Giselle wants.
her couta can be as much as 2,986 x 25% = 746.5
<u>Giselle should purchase points</u> to lower the interest rate of the mortage, this will make the cuota decrease.
Answer:
$8,000
Explanation:
Jahwana earns $40,000:
her 401k contributions = 15% x $40,000 = $6,000
Jahwana's employer contributes $1 per $1 that she contributes but only up to 5%, so her employee's 401k contribution = 5% x $40,000 = $2,000
total annual contribution = $6,000 + $2,000 = $8,000
The answer to this question is <span>acceptability
The </span><span>acceptability characteristic refers to whether the currency is accepted as a medium of exchange for the transaction in the market.
Currency that has high rate of acceptability tend to be less volatile in the foreign exchange market and attract more investment.</span>
It would be one of those fast food places and or being a nanny or a gilr for beinga butler u get the point ur welcome.
Answer:
1. Medicare tax.
2. Local income tax.
3. Federal income tax.
4. Social Security tax.
5. State income tax.
Explanation:
Taxation can be defined as the involuntary or compulsory fees levied on individuals or business entities by the government to generate revenues used for funding public institutions and activities.
The various type of tax with their correct description are;
1. Medicare tax: it is used to support healthcare costs for retired workers. An example is the Affordable Care Act (ACA) which became effective on the 23rd of March, 2010 and it's focused on making affordable health insurance available to qualified people or households through cost-sharing reductions and premium tax credits (subsidies).
2. Local income tax: it is collected by town, school district, counties and cities to fund city or community programs.
3. Federal income tax: it is collected from most workers, who pay up to 39.6 percent of their earnings. This type of tax is paid by employees with respect to the amount of money they receive as their wages or salary.
4. Social Security tax: it is used to provide financial support to retired and disabled workers. In the United States of America, the Social Security Administration (SSA) adopted the Old-Age, Survivors, and Disability Insurance (OASDI) program to support retired and disabled workers.
5. State income tax: it is collected from workers in most states to fund their budget and the rate differs from state to state.