This is true. Opportunity cost is the next highly-valued option you give up when you make a choice.
Answer:
$1,027.01
Explanation:
We use the present value formula for this question. The attachment is shown below:
Given that,
Assuming Future value = $1,000
Rate of interest = 6.75%
NPER = 20 years
PMT = $1,000 ×7% = $70
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
So, after solving this, the fair price of the bond is $1,027.01
is a person who benefits from something without expending effort or paying for it.
Answer:
See explanation
Explanation:
See the image below to get the appropriate answer:
Answer:
A. Deductible Amount = $125
This is because legal advice is fully deductible while there are no deductions available for fines.
B. Deductible Amount = $ 795
This is because the amount used in reserving parking is fully deductible, while the amount for ticket for her children is personal and hence doesnt fall under deductibles.
C. Deductible Amounts = $0
For all and any political purpose, deductibles doesnt apply. Whether it is in form of cash or kind. Hence, there is no deductions in this case.