Answer:
Earlier than Loan B
Explanation:
In an annuity due, an occurring payment is made at the beginning of consecutive period. (such as rent that is paid at the beginning of each months)
In ordinary annuity, an occurring payment is made at the the end of the consecutive period. (such as rent that is paid at the end of the year)
Since the payment of annuity due always received earlier by the creditor than ordinary annuity, the present value of loan A will always change Earlier than Loan B.
Answer:
Answer A
Explanation:
Monopolistic competition is a market structure that is in the middle of monopoly and competitive market. All the firms in monopolistic competition have a low degree of market power and take prices as they are. Therefore, these firms advertise heavily as in the long run demand for their products is highly elastic, sensitive to price changes and in the short run economic profit is positive but gravitates towards zero in the long run. Any source of advantage in comparison to the competition can therefore be higher product differentiation.
Answer:
$3,250
Explanation:
Calculation to determine How much income must Larry report for the current year
Current year income=$13,250-$10,000
Current year income=$3,250
Therefore How much income must Larry report for the current year is $3,250
Tax progressivity refer to a system in which individuals earn more pay higher taxes.
United States taxation system is considered tax progressive, individuals who earned up to $ 8,375 fell to the 10% tax bracket, meanwhile those who earn more than $ 373,650 fall to the 35 % tax bracket
