3 years ago

A short-term financial goal might include saving for

1 answer:

6 0

Answer:

Save more money from net income. ... uses money in a way that will increase its value in the future. A short-term financial goal might include saving for. a piece of furniture

Explanation:

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if an item of clothing costs a manufacturer R60 to make,how much profit was made per item if 10 items were sold for R1200

postnew [5]

Answer:

600

Explanation:

60×10=600 (this is the cost)

1200-600=600

3 0

3 years ago

Remember, the budget constraint contains all possible combinations of consumption and leisure at a given wage, wealth, and price

LenKa [72]

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6 0

3 years ago

Suppose a U.S. Government bond will pay $1,000 three years from now. If the going interest rate on 3‐year government bondsis 4%,

frutty [35]

Answer: $1120

Explanation:

I = PxRxT/100

= 1000 x 4 x 3 / 100

= $120

Yearly the bond gave a dividend of $40 which makes it $120 after 3years.

Present value of the bond

= $1000 + $120

= $1120

8 0

4 years ago

For spring break, Melanie will either stay home or go to Daytona Beach. At home, Melanie pays $10 per day for food and earns $90

zavuch27 [327]

Answer:

$100

Explanation:

Opportunity cost or implicit is the cost of the option forgone when one alternative is chosen over other alternatives

If Melanie goes to the beach, she would not be able to stay at home. Staying at home is the opportunity cost of going to the beach.

The total opportunity cost of going to the beach = $10 + $90 = $100

3 0

4 years ago

8. Katie pays $10,000 in tax-deductible property taxes. Katie’s marginal tax rate is 32%, average tax rate is 28%, and effective

Olin [163]

Answer:

The Tax savings for the property tax is 3200 USD.

Explanation:

As Katie paid property taxes as $10000 in tax-deductible property taxes. In calculation of this the marginal tax rate is used in calculation. Thus

$Tax_{savings}=Tax_{Marginal-rate} \times Amount paid\\Tax_{savings}=32\% \times 10,000\\Tax_{savings}=\frac{32}{100} \times 10,000\\Tax_{savings}= \$ \, 3200\\$

So the Tax savings for the property tax is 3200 USD.

8 0

4 years ago