Answer:
Geometric Average return = 7.83%
Explanation:
First we need to find the missing value of data using Arithmetic mean formula
Arithmetic Mean = Sum of value / No of values
8.8% = Sum of Values / 4
Sum of Values = 8.8% x 4
Sum Values = 35.2%
Using Sum of Values we minus the remaining values in order to get the missing value of the data.
35.20% - 16.3% - 10.2%-(14.1%) = 22.80%
In order to get Geometric mean value we use geometric mean formula
G.M = 4 Sqrt(16.3% x 10.2% x -14.1% + 22.80%)
Geometric Mean = 7.83%
Answer:
194,112.8
Explanation:
The computation of Net Present Value is shown below:-
Net Present Value = Present value of cash inflows - Present value of Cash outflows
= -757,000 + 396,000 × PVAF (12%, 3 years)
= -757,000 + 396,000 × 2.4018
= -757,000 + 951,112.8
= LLC 194,112.8
= 194,112.8
Therefore for computing the net present value we simply applied the above formula.
Answer:
He is age 20 and single. His only income item is $12,100 interest from a trust fund. NO CONTRIBUTION SINCE HE HAS NO EARNED INCOME
He is age 40 and single. His only income item is a $34,900 share of ordinary income from a partnership. MAXIMUM CONTRIBUTION OF $6,000
He is age 60 and single. His only income item is $21,300 wages from his job. MAXIMUM CONTRIBUTION OF $7,000
He is age 46 and files a joint return with his wife. His sole proprietorship generates a $7,790 loss, and his wife’s salary is $46,700. MR. JANSON CANNOT CONTRIBUTE ANY MONEY TO THE IRA ACCOUNT, BUT HIS WIFE CAN CONTRIBUTE $6,000 ON HER ACCOUNT AND $6,000 ON MR. JANSON'S ACCOUNT.
Explanation:
In 2019, the limit for RA contributions increased by $500 to:
- under age 50 ⇒ $6,000 per year
- over age 50 ⇒ $7,000 per year
only earned income can be contributed
you cannot contribute more than what you earn