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2 years ago

Which statement is true?

1 answer:

8 0

Hewo, Your answer is "Taxes paid to the government have no direct effect on the economy". The First is incorrect because savings save money, and do not leak any income. Number 2 is incorrect because Companies and Businesses pay wage to employees, and not employees pay to the business. And Exports, earn money, because you sell and export a product. Hence the logical answer is #4.

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Muhammad, a 21-year old computer engineer, is opening an individual retirement account (IRA) at a bank. His goal is to accumulat

zavuch27 [327]

Answer:

The first annual depoisit will be of 3,373.49 dollars

Explanation:

Given the formula for future growing annuity

we need to solve for the yearly payment:

grow rate: 0.04

annual effective rate: 8% compounding semiannually:

$(/1+0.08/2)^2-1 = r_e\\$

r= 0.0816

FV 2,500,000

n 46

Formula for future value fo an ordinary annuity:

$C_0 \times \frac{(1+r)^n-(1+g)^n}{r-g} = FV$

$C_0 \times \frac{(1+0.0816)^{46}-(1+0.04)^{46}}{0.0816-0.04} = 2,500,000\\C_0 = $3,373.4855$

The first annual depoisit will be of 3,373.49 dollars

3 0

3 years ago

a debt of $1,000 is incurred at t 5 0. What is the amount of four equal payments at t 5 1, 2, 3, and 4 that will repay the debt

harina [27]

Answer: $315.47

Explanation:

As this requires equal annual payments, it makes it an annuity. The $1,000 debt will be the present value of the annuity so a present value of annuity formula can be used:

1,000 = Annuity * ( 1 - ( 1 + rate) ^ -n) / rate

1,000 = Annuity * ( 1 - ( 1 + 10%)⁻⁴ ) / 10%

1,000 = Annuity * 3.169865

Annuity = 1,000/3.169865

Annuity = $315.47

7 0

2 years ago

Leslie Halverson is considering investing in the stock market. She wants to be sure to be able to get her money back whenever sh

Lana71 [14]

Available Options are:

a) growth

b) yield

c) tax consequences

d) liquidity

Answer:

Option D. Liquidity

Explanation:

The reason is that Leslie is worried about having back its money that will be invested in the time of need. So she sure that the amount will be required in the coming future and that she wants to earn a small profit for the time being. So the money worries are also referred to as liquidity concerns.

3 0

3 years ago

When recording the payment of interest using the effective-interest method, the entry will include a ______ to Discount on bonds

goldfiish [28.3K]

Answer:Debit , market, stated.

Explanation: An actual payment of interest from a payables account is always entered as a debit in that account ledger. Then when calculating the effective interest : it is the the difference between the cash payment based on the market interest rate and interest expense based on the stated interest rate.

6 0

2 years ago

Ann recently saw an ad for Claritin, a medicine perfect for counteracting her allergy symptoms. She immediately went to the stor

Black_prince [1.1K]

Answer: response

Explanation: she responded to the advertisement

3 0

2 years ago

Read 2 more answers