It will take 25 months to get $500
Answer:by usin rocket flue that’s what my 8th grade teacher said -Tokyo
Explanation:
Answer:
d. following an expansionary monetary policy.
Explanation:
Whenever a central bank acts in a way that cause the money supply to increase, it is following an expansionary monetary policy because when money supply increases interest rates will fall and this will encourage people to invest more and not keep their money in the bank which will increase the activity in an economy thus it is an expansionary monetary policy.
The each payment is subject to tax $300
<h3>Briefing:-</h3>
$150,000 in total payments ($500 per month for 300 months)
Exclusion ratio equals $60,000 for the annuity's purchase price / $150,000 for all installments, or 40%.
Each payment's taxable component is calculated as follows: $500 X (1-.40 exclusion ratio) = $300
<h3>Which of the following is regarded as the time when an annuity's cumulative value is distributed?</h3>
The accumulation phase, also known as the accumulation period, and the payout phase are the two periods of annuities. Your premiums accrue interest during the accumulation period and increase.
<h3>How is the taxable portion of each annuity payment calculated?</h3>
The exclusion ratio refers to the process used to calculate the taxable share of each payment. Each payment is subject to an exclusion ratio, which specifies that a portion of each payment shall be deemed a return of the owner's cost basis and shall not be subject to tax. But the remaining amount is taxed.
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