Answer:
$12,000 during the first year or $1,200 per year during 10 years
Explanation:
The IRS considers mortgage points as interest paid in advance, and generally individuals and small businesses will deduct them entirely during the current year. But the taxpayer can choose to deduct that amount ratably over the life of the loan (in this case 10 years). Of course most people chooses to deduct them completely during the first year because the IRS doesn't recognize any interest.
Saving refers the method of accumulating one's capital for future use and this is done by either no spending part of one’s income or cutting down certain costs.
- Money which are saved are either in cash at hand, in a deposit account or being invested in financial instruments such as Money market etc
- According to Statistics from a reputable sources, for June 2021, the personal saving rate in the United States is 9.4 percent while in May, there was 10.3 percent in saving rate.
In conclusion, the factor that contributes to decrease in saving rate is the continuous rise of goods and services (Inflation) while income remain constant.
Learn more about Saving rate here
<em>brainly.com/question/6696594</em>
Answer:
Explanation:
b. thinking at the margin
i think because is is asking for what decision it is
hope this helps some
That’s the same thing I have in school
Answer:
SCENERIO 1=BOND
SCENERIO 2=LOAN
SCENERIO 3=STOCK
SCENERIO 4=SECURITIES WHICH ARE GUARANTEED BY LOANS
SCENERIO 5=LOAN
Explanation:
Bond is a type of loan or a financial instrument through which large corporations or Government Institutions borrow money from the public with the aim of paying with a fixed interest rate in a given period.
A Loan is amount requested by an organisation from a financial institution with the aim of paying back with some percentage of interest over a given period of time.
Stocks are also known as shares which forms parts of a particular Company sold to the public with the aim of raising capital, SHARES OR STOCK HOLDERS HAVE CERTAIN RIGHTS TO DIVIDEND AND VOTING TO REPLACE BIARD NENBERS ETC WHEN THE NEED ARISE IN THE ORGANISATION.
