Answer:
The correct answer is B.
Explanation:
Giving the following information:
If he does not earn any income, he receives $225 from each program. For each dollar he earns (which his employer is required to report to the welfare agency), his benefit from each program is reduced by 75 cents until the benefit equals zero.
Each program= 225
Combined earnings= 225*2= 450
Answer:
opportunity cost
Explanation:
When a firm uses retained profits to invest in more energy efficient equipment, an economist would calculate the opportunity cost of investing in physical capital.
Answer:
2000LTC
Explanation:
From the given data, the distribution which is $8000 will be subtracted from $10000 which is David's stock basis and this will remain l $2000
That is to say
($10000-$8000) = $2000 As the
stock basis.
Answer:
Monthly installment = $419.54
Explanation:
<em>Loan Amortization: A loan repayment method structured such that a series of equal periodic installments will be paid for certain number of periods to offset both the loan principal amount and the accrued interest.
</em>
The monthly installment is computed as follows:
Monthly installment= Loan amount/annuity factor
Loan amount =13,791
<em>Annuity factor = (1 - (1+r)^(-n))/r
</em>
r -monthly rate of interest, n- number of months
r- 6%/12 = 0.5% = 0.005, n = 3 × 12 = 36
Annuity factor = ( 1- (1+0.005)^(-36))/0.005
= 32.87101624
Monthly installment = Loan amount /annuity factor
= 13,791/13,791= 419.5489394
Monthly installment = $419.54