Answer:
Montoya's taxable income = $2050
Explanation:
given data
received corporate bond = $2,350
received savings account = $750
to find out
Montoya's taxable income
solution
first we get here interest income that is
interest income = received corporate bond + received corporate bond
interest income = $2350 + $750
interest income = $3100
and we know that here standard deduction for dependent person tax return is = $1050
so here Montoya's taxable income will be
Montoya's taxable income = $3100 - $1050
Montoya's taxable income = $2050
Answer:
$30,586
Explanation:
Using an annuity formula, we will compound at 2.9% for 9 years and the money at the end of year 9 will be used to compound at 2.3% for 12 years.
So compounding formula is:
Future Value = Present Value * (1+r)^n
For compounding at 2.9% for 9 years,
Future Value = $18,000 * (1+2.9%)^9 = $23,281
And now using the money at the end of year 9 to compound at 2.3% for 12 years:
Future Value = $23,281 * (1+2.3%)^9 = $30,586
Dr. Cho should conclude that the growth rate of a specie is still greatly affected by its environment. I think that genetics play a big role, but only in the first few time periods of a life cycle. It is our genetics that tell our physical characteristics such as eye color, hair color, body type or skin tone. But as time progresses and your are exposed to an environment for a long period of time, these characteristic may be affected and can evolve. For example, the hair color of a person is originally black may become brownish if works regularly under the sun. The same is true for bone structure, metabolism and growth rate. External factors such as food could greatly affect a specie's characteristics.
So you know how to get the most profit from sales
The 4-year term instrument's nominal rate is higher than the 2-year term instrument's nominal rate.
What is nominal rate?
The increase in payment you make to the lender for using the borrowed funds is known as the nominal interest rate.
The rate of compounding is higher for 2-year investments than for 4-year investments, which are compounded semi-annually.
As a result, option (b) is correct.
Learn more about on nominal rate, here:
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