Answer:
An information is missing on this question but I found the complete details as shown below;
"A company borrows $50,000 by signing a $50,000, 8% note that requires six equal payments of
<em>10816</em> (round to the nearest dollar) at the end of each year. (The present value of an annuity of six
annual payments, discounted at 8% equals 4.6229.) "
Explanation:
An annuity payment is made in equal amounts for a specified period of time in this case 6 years.
Since the equal payments are made annually and you are given the Present value of the annuity as $50,000 & discount factor of 4.6229, divide the PV by the discount factor. The value of equal payments should be equivalent to the $<em>10816 ;</em>
<em>=50,000 / </em>4.6229
= 10815.7217
Next, round the answer to the nearest dollar;
When rounded to the nearest whole number it becomes $10,816.
<em />
It should be $2.16 which is the 8% since even though they require 17% what is projected to be available is only 8%
<span>Banks pay pay interest on a daily basis compounded 365 days a year. They would have paid interest on $200 for the first half of the month and $100 for the second half of the month. This averages out to $100. If this is a homework question, then the answer is $150. AVERAGE OF BOTH HALF YEARS = (200+100)/2 happens to = $150,</span>
Loss from disposal of business = $150,000
Property taxes paid = $25,000
$175,000
The property taxes are paid for the full year but for six months only we can consider.
A tax is a compulsory monetary price or some different sort of levy imposed on a taxpayer (an character or criminal entity) by a governmental organisation with a purpose to fund authorities spending and diverse public prices (regional, nearby, or country wide),[2] and tax compliance refers to policy moves and individual behaviour aimed at making sure that taxpayers are paying the proper quantity of tax at the proper time and securing the suitable tax allowances and tax reliefs.[3] the first known taxation befell in historical Egypt round 3000–2800 BC.
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