Answer: $4,650 Tax Credit
Explanation: Green Corporation is entitled to file for a work opportunity credit as it has given work opportunities to workers with significant barriers to employment.
Green Corporation is entitled to get 40% on wages paid per year on workers who worked for at least 400 hrs and 25% for at least 120 hrs
Green Corporation had 2 sets of workers in this category and they are:
Set 1 worked 400 hrs and are paid $8,500
Set 2 worked 300 hrs and are paid $5,000
to get the work opportunity credit for 2019:
$8,500 * 40%+ $5,000 *25% = $3,400+$1,250= $4,650
Answer:
The effective annual rate is 5.57%
Explanation:
The interest rate that is actually earned or paid on investment or loan including the compounding effect over a given period of time. It is also known as rate.
Effective interest rate = [ ( 1 + r/m )^m ] - 1
Effective interest rate = [ ( 1 + 5.42%/12 )^12 ] - 1
Effective interest rate = [ ( 1 + 0.0542/12 )^12 ] - 1
Effective interest rate = 0.055567 x 100
Effective interest rate = 5.5667% = 5.57%
Answer:
The ammount due at the end of the loan adds for $27,456
Explanation:
If the payment is in full at maturity, the man must pay the principal of 26,000 plus the interest during the period of 4 years.
It is important to notice that the loan is done at simple interest, so the interest does not capitalize.
i believe it is all but 2
False, a credit card doesn’t deduct from your checking account nor is it linked to your checking account only a debit card deducts from your checking account.
