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Rufina [12.5K]
3 years ago
6

I am not a member of a credit union, therefore I _____ use any of its services.

Business
2 answers:
Ipatiy [6.2K]3 years ago
7 0

Answer:

Can't

Explanation:

I am not a member of a credit union, therefore I *CANT* use any of its services.

I hope this helps

scoray [572]3 years ago
4 0

The correct answer is D. Can't

Explanation:

Credit unions are a type of cooperative financial institution, this implies people who create, and manage credit unions are also those that use their services. Additionally, credit unions offer mainly credits or loans but in some cases, they cover other services such as mortgages or saving accounts. The previous ideas imply to use any of the services of a credit union you need to be an official member of the union and even participate in its management. Thus, if I am not a member of this institution I cannot use its services and this has no exception, which means if I want to use any service of credit unions then I must complete a process to become a member.

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Bill and Brenda bought their home for $150,000. They made $50,000 of improvements. They sold the home for $450,000 and paid $30,
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Answer:

Explanation:

Capital gains tax is a tax that is levied on the profit made from the sale of a non-inventory asset. The most common sources of capital gains are through the sale of bonds, precious metals, stocks, property, and real estate.

The IRS typically allows an exclusion of up to: $250,000 of capital gains on real estate for a single person and $500,000 of capital gains on real estate for a married couple who are filing jointly.

To find the amount on which they pay capital gains:

The adjusted basis is $200,000 which is:

Initial cost of buying the house for $150,000, plus cost of improvements $50,000.

The sales price of $450,000 minus the selling expenses which cost $30,000.

The amount realized is therefore:

$450,000 - $30,000 = $420,000.

Note: They will receive an exclusion of $500,000 because they are filing jointly. So Bill and Brenda will not pay any capital gains tax.

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pshichka [43]

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<h3>What is interest reinvestment risk?</h3>

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3 years ago
Which of the following are not deducted on a typical paystub
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A certain production possibilities frontier shows production possibilities for two goods, jewelry and clothing. Which of the fol
svetoff [14.1K]

Answer:

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Explanation:

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