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3 years ago

for most homeowners, the most important financial benefit from owning a home is that it is:

1 answer:

7 0

Most homeowners would agree that the most important financial benefit from owning their own home is the tax break. This is known as a tax shelter and allows for homeowners to avoid or lower their taxes. Owning a home reduces your taxable income and in large part due to interest rates and interest paid on an owned home.

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The best time to acquire technological literacy is before you have to apply for a job because ________.

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Competition for jobs involves candidates who are technologically literate
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3 years ago

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States in which region receive more of their revenue from the federal government than do most other states? the west the northea

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<span>The states that were in the southern region receive more of then revenue from the federal government than most other states. The five most dependent states are New Mexico, Mississippi, Kentucky, Montana and Alabama.</span>

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3 years ago

Describing Work Activities for Financial Analysts Click this link to view O*NET’s Work Activities section for Financial Analysts

jeka94

Answer:

the answer is a,b,c,e

Explanation:

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Riley operates a plumbing business, and this year the three-year-old van he used in the business was destroyed in a traffic acci

Mnenie [13.5K]

Answer:

$4,600

Explanation:

Data provided in the question:

Purchasing cost of the van = $20,000

Adjusted basis = $5,800

Worth of the van at the time of accident = $6,000

Insurance reimbursement = $1,200

Now,

The amount of Riley's casualty loss deduction will be

= Adjusted basis - insurance reimbursement

Amount of Riley's casualty loss deduction = $5,800 - $1,200

Amount of Riley's casualty loss deduction = $4,600

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3 years ago

Slim made a single deposit of $5,000 in an account that pays 7.2% in 2015. What equal-sized annual withdrawals can Slim make fro

evablogger [386]

Answer:

annual withdrawals is $1,393.87

Explanation:

given data

Amount Deposited = $5,000

Annual Interest Rate = 7.2%

First withdrawal = 2020

last withdrawal = 2025

solution

we consider equal sized annual withdrawals = x

so we can say that Amount Deposited amount will be as

$5,000 = $\frac{x}{(1+0.72)^5} + \frac{x}{(1+0.72)^6} + \frac{x}{(1+0.72)^7} + \frac{x}{(1+0.72)^8} + \frac{x}{(1+0.72)^9} + \frac{x}{(1+0.72)^{10}}$ ..........1

we take common here $\frac{x}{(1+0.72)^{4}}$

$5,000 = $\frac{x}{(1+0.72)^{4}} \times ( \frac{1}{(1+0.72)^1} + \frac{1}{(1+0.72)^2} + \frac{1}{(1+0.72)^3} + \frac{1}{(1+0.72)^4} + \frac{1}{(1+0.72)^5} + \frac{1}{(1+0.72)^{6}} )$

solve it we get

x = $1,393.87

so that annual withdrawals is $1,393.87

7 0

3 years ago

​for most homeowners, the most important financial benefit from owning a home is that it is:

for most homeowners, the most important financial benefit from owning a home is that it is: