Answer:
The answer is $500
Explanation:
Disposable income is the income left after deduction of tax and other statutory deductions. It is income that a worker receives.
Increase in tax reduces disposable income and vice-versa.
Disposable income increases by $2,000 while spending increases by $1,500.
In finance, money not spent is saved. So we have
$500($2,000 - $1,500) as the amount saved.
$500 is the increase in saving.
False, because once an item is new they place it at the highest starting price then it gradually decreases over time
In an organizational chart that shows how departments on a cruise ship are related, the hotel department oversees option C. the housekeeping department. Read below about a cruise ship.
<h3>What is a cruise ship?</h3>
Cruise ships are large passenger ships used mainly for vacationing. Unlike ocean liners, which are used for transport, cruise ships typically embark on round-trip voyages to various ports-of-call, where passengers may go on tours known as shore excursions.
Therefore, the correct answer is option C. the housekeeping department.
learn more about cruise ship: brainly.com/question/25237972
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Answer:
7.95%
Explanation:
the first step is to determine the present value of the 10 year annuity
= 7246.89
remaining balance of the 10,000 is invested in a 10-year certificates of deposit = 10,000 - 7246.89 = $2753.11
We would calculate the future value of this amount
The formula for calculating future value:
FV = P (1 + r/m)^mn
FV = Future value
P = Present value
R = interest rate
N = number of years
m = number of compounding
$2753.11 x ( 1 + 0.09/4)^(4 x 10) = 6704.34
calculate the value of reinvestments
= 14783.60
14783.60 + 6704.34 = 10,000 ( 1 + er)^10
er = 0.0795 = 7.95%