Answer: $338712.36
Explanation:
Given the following :
APR = 6.35% = 0.0635
Monthly payment = $1800
Cost of home = $340,000
Period (t) = 420
Monthly rate = 0.0635 / 12
Amount paid on loan = PV of monthly payment :
PMT(1 - (1 / (1 + r)^t)) / r
1800[(1 - (1 / (1 + 0.0635/12)^420)) / r]
1800[ (1 - (1 /9.1764488)) / r
1800[ 1 - 0.1089746] / (0.0635 / 12)
1800 [168.38275]
= $303088.95
Hence, amount yet to pay :
$340,000 - $303088.95 = $36911.05
Hence, balloon payment :
36911.05( 1 + r)^t
36911.05(1 + 0.0635/12)^420
36911.05(1 + 0.0052916)^420
36911.05(1.0052916)^420
36911.05 × 9.1764488
= $338712.36
Answer:
The best option is a.
The court will award Scotty a reasonable amount for the lessons he already taught.
Explanation:
Answer: Most tax breaks reduce taxable income, but reducing taxable income below zero does not reduce the tax bill.
Explanation:
Tax breaks can be used to reduce your taxable income sometimes all the way to zero. This however simply means that you don't have to pay income tax but does not mean that there won't be other taxes to pay.
Because of these additional taxes left to pay, a person will still pay certain taxes even if their taxable income is below zero. Tax expenditures therefore do not help much with a federal tax bill of zero.
Answer:
$77,500
Explanation:
The computation of the cash disbursement for June month is shown below:
= June purchase × month percentage given + May purchase × following month percentage + April purchase × second following month percentage
= $60,000 × 25% +$ 90,000 × 50% + $70,000 × 25%
= $15,000 + $45,000 + $17,500
= $77,500
The remaining percentage would be
= 100% - 25% - 50%
= 25%
"Policies and procedures" are the <span>components of your project plan will be affected.
</span>
Policies and procedures are intended to impact and decide every single significant choice and moves, and all exercises occur inside the limits set by them. Techniques are the particular strategies utilized to express approaches in real life in everyday operations of the association or organization.
