Answer:
Underpayment of estimated tax = $2,960
Explanation:
Please consider the following equations:
100% of $15,960 = $15,960
90% of $18,000 = $16,200
whichever is lower. i.e $15,960
Underpayment of estimated tax = $15,960 - $13,000 = $2,960
Answer:
Worth of scholarship today = $1,000,000
Explanation:
<em>The value of the scholarship can be determined using the present value of a growing perpetuity. A growing perpetuity is an indefinite annual payment that increases by a constant percentage.</em>
<em>The applicable formula is given below;</em>
<em>PV = A/r-g</em>
A-annual payment one year from now - 35,000
r- interest discount rate - 9.,
g- growth rate - 5.5
The value of the gifts today
= 35,000/(0.09-0.055)
= $1,000,000
What determines the foreign exchange rate?
A. The government
B. Small businesses
C. Market forces
D. Consumers
The answer is A the government
Answer:
E. None of the above
Explanation:
because the price level is not known, we can not tell definitely that the output is increased or unemployment is decreased or standard of living is increased
.
Therefore, we cannot conclude on anything.
Set savings and debt payoff goals
