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3 years ago

Which factor supports maintaining a dual income?

Business

2 answers:

Sav [38]3 years ago

7 0

Answer:

opening a joint bank account is the correct answer.

Explanation:

opening a joint bank account factor supports maintaining a dual income.

A joint account is an account that can be shared by two or more.
A member of the joint account can do withdraw and deposit.
A joint bank account is a good choice to maintain finances.
Joint account can be easier to trace the income and savings can be done in the same place.
Thus In a joint account, the money we can save combinedly and this support in maintaining a dual income.

Bad White [126]3 years ago

3 0

The solution is to open joint bank account. Joint account will allow you to deposit or withdraw cash from your dual income without any fear that one account will get lost. This will help you manage your money and also share it to one of your family members. Your income is safe with you having a joint account because you can monitor it in one transaction only.

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3 years ago

How are payroll taxes different from personal income taxes?

marta [7]

D) They pay for specific social programs rather than general government activities.

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3 years ago

portland trail blazers what attributes were the most important to the fans? What should the Blazers multigame package include? s

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Answer:

Explanation:

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3 years ago

5. A manufacturing company decides to buy solar cells in anticipation of rising electricity costs. The company is modeling its p

ch4aika [34]

If the expected rate of return for the company equals 8%, the maximum amount of initial investment that makes this a desirable and profitable project is <u>$11,385.20</u>.

<h3>What is the present value?</h3>

The present value is the discounted value of some future cash flows. It is computed using the present value formula or table. It can also be computed using an online finance calculator as follows:

For this project, we first calculate the future value of the cost-savings from the solar project based on $20,000 and 5% increases for 20 years as follows.

N (# of periods) = 20 years

I/Y (Interest per year) = 5%

PV (Present Value) = $20,000

PMT (Periodic Payment) = $0

Results:

FV = $53,065.95 ($20,000 + $33,065.95)

Total Interest = $33,065.95

Thereafter, we compute the present value of the above future value based on an 8% expected rate of return as follows:

N (# of periods) = 20 years

I/Y (Interest per year) = 8%

PMT (Periodic Payment) = $0

FV (Future Value) = $53,065.95

Results:

PV = $11,385.20

Total Interest = $41,680.75

Thus, if the expected rate of return for the company equals 8%, the maximum amount of initial investment that makes this a desirable and profitable project is <u>$11,385.20</u>.

Learn more about future values at brainly.com/question/24703884

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2 years ago

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OLga [1]

$273 ,000 being the equal installments for all the three years

Explanation:

I year interest = $ 630,000 ×15÷100 = 94,500

$I year interest = $ 630,000 ×15÷100 = 94,500$