Answer:
B. $228,122.
Explanation:
Number of quarters = 3 * 4 = 12
Quarterly interest rate = 12%/4 = 3%
From the table, the correct discounting factor for the future value (FV) = 1.42576
We then have:
FV = $160,000 * 1.42576 = $228,122
Therefore, the maturity value of the CD is $228,122.
Answer:
$1,634
Explanation:
The computation of the additional tax to be paid is shown below:
Additional tax is
= Tax rate × net investment income
= 0.038 × $43,000
= $1,634
We simply multiplied the tax rate with the net investment income in order to determine the additional tax
Answer: 7%
Explanation:
The following can be deduced.from the question:
Loan amount = $9,600
Equity = $9,600
Market price = $48 per share
Total investment = $19,200
Growth of Investment = 5%.
We then calculate value of the investment in a year. This.will be:
= 19,200 × 1.05
= $20,160
Interest on the loan would be:
= $9,600 * 0.03
= $288
Therefore, rate of return will be:
= (20,160 - 9,600 - 288)/9,600 - 1
= 0.07 = 7%
Evaluate you results and set improvement goals.
you should first identify or go through what you think you did wrong , once you've done that look for solutions to those mistakes, set your improvement goals.
Target posted final quarter income of $21.5 billion. This brought income of about 81 pennies for every share. But the examiner <span>agreement was calling for income of 80 pennies for each share</span>. So, with 81 pennies for every share the examiner agreement was beated.