Answer:
"$385" would be the appropriate answer.
Explanation:
The given values are:
Variable annuity contract value,
= $75,000
Surrender changes,
= 7%
i.e.,
= 0.07
Withdrawn amount,
= $13,000
Withdrawn limit percent,
= 10%
i.e.,
= 0.10
Withdrawal limit,
=
= ($)
Now,
Excess withdrawn amount will be:
=
On substituting the values, we get
=
= ($)
hence,
Sophia needs to pay the charges will be:
=
=
= ($)
Answer:
1 Investment in omni channel retail strategies
2 provide a personalized retail experience
3 Attend to the growing culture of immediacy
4 Expand into emerging markets and create a new channel
Answer: passed the Foreign Corrupt Practices Act
Explanation:
In the 1970s, the United States passed the Foreign Corrupt Practices Act which requires all publicly traded companies, whether or not they are involved in international trade, to keep detailed records that would reveal whether a violation of the act has occurred.
The Foreign Corrupt Practices Act of 1977 is a federal law in the United States that prohibits the citizens of the United States and its entities from bribing foreign government officials in order to derive an unfair advantage their business interests.
I think the taxes would decrease but increase for the company
Answer: $23,653.18
Explanation:Let
Then, we can use the mortgage formula because we can treat N as the number of payments and the rate that we'll be using in the formula is the apr = 8.35%.
So, the annual payment is calculated as: (
Note: change 8.35% to decimal)
Now, we need to calculate the interest amount in the first year, which is given by
Interest Amount = rP
= (0.0835)(660,000)
Interest Amount = $55,110
Now, we let
be the amount to be reduced from the principal balance. Then,
Hence,
$23,653.18 will be used to reduce the prinicipal balance.