Answer:
Nancy will be able to deduct $70 points.
Explanation:
the deduction is allowed in the year of payment if the following requirements are met:
- your main home is the security for your loan
- cash method of accounting is used
- points are not paid out of borrowed funds.
if Nancy does not fulfill the requirements, then the points will be allowed to be deducted over the life of the loan..
Therefore, $3600 will be spread over 30 years, Nancy will be able to deduct $70 points.
Answer:
A) $279,200
Explanation:
September sale: 302,000, 80% paid on credit which is = 80% x 302,000 = 241,600, of which 50% are collected in the following month (October), which is equal to 241,600 x 50% = $120,800
October sale = 264,000
20% paid on cash, which is = 20% x 264,000 = 52,800
80% paid on credit and 50% of which is collected in the month of sale (October) = 80% x 50% x 264,000 = $105,600
Total cash collections for October = 120,800 + 52,800 + 105,600 = $279,200
Answer:
There are different kind of careers that one can pursue in life; in order to choose a particular career, one has to consider some important factors.
The most important factor to consider in this case is your interest and passion. What are your interests? Which type of work can you do continuously every day and you will not be bored? That is the first thing you must figure out.
So, for an individual to consider pursuing a career in the education and training cluster, that person must have passion for imparting knowledge, he must be someone, who derive joy from teaching people and making them better than he met them.
Other important factors that must be considered include the following:
Suitable skills: you must have inborn talents that can be used in training people. Talents such as ability to express yourself clearly will help you in the education sector.
Academic qualifications: depending on the specific level of education, where you want to get involved, you must be prepared to get the required qualifications. For instance, to teach at a University level, you must have a doctorate degree in your field.
Job availability: another factor that you must consider is availability of jobs in your area of interest. Is teaching job easily available in your environment?
Income: The amount of money you can possibly earn as a teacher is also very important. You need to investigate how much you can earn as a teacher and decide if you are comfortable with the amount or not before you go ahead.
The word clarify works in this context. Please mark Brainliest!!!
Answer:
Annual deposit = $4100
Explanation:
Annual deposit = $4100
Number of years for retirement = 30 years
Future value of money = $1000000
Interest rate = 12%
Now use the below formula to find the annuity amount.
Annual deposit = Future value (A/F, r, n)
Annual deposit = 1000000 (A/F, 12%, 30)
Annual deposit = 1000000(0.0041)
Annual deposit = $4100
