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What increases your total loan balance Interest Accrual Interest capitalism Both interest accrual interest capitalism None of th

Phantasy [73]

Answer:

Both interest accrual and interest capitalism

Explanation:

The total loan balance increases due to "Both interest accrual and interest capitalism"

This is because INTEREST ACCRUAL on a loan is capitalized, which implies that it will be added to the principal balance, therefore increasing the total loan balance.

Similarly, the INTEREST CAPITALISM occurred when a loan repayment period is missed, therefore, the amount missed is capitalized which in turn increases the total loan balance.

5 0

3 years ago

sue earns income of $80,000 per year. her average tax rate is 50 percent. sue paid $5,000 in taxes on the first $30,000 she earn

KatRina [158]

The marginal tax rate on the remaining $50,000. Tim's second income that he earned throughout the year will incur the following tax obligation. The right response is 50%.

21,000 - (20%*30,000) = 21,000 - 6,000 = $15,000 is the tax on a second income.Taxes paid on second income divided by the amount of second income earned during the year is the marginal tax rate on second income.Marginal tax rate: 15%, 30%, and 50% The gross income in this example is $33,333 since it is the amount that every employee earns before taxes and social security contributions are deducted.$30,000 represents the total amount won over the course of the year after 10% is deducted for taxes (in this case, $3,333).Tax on second income equals 21,000-(20%*30,000)-21,000-6,000 =$15,000 Second income tax rate, second income tax paid, and second income earned for the year

Marginal tax rate = 15/30 = 50%.

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7 0

1 year ago

State the accounting equation.

schepotkina [342]

Shareholders' Equity = Assets – Liabilities where the rearrangement reflects the residual claim of equity owners.

5 0

4 years ago

What's the difference between Utility and Marginal Unility?

aliya0001 [1]

Total utility is the total amount of satisfaction derived from consuming a certain amount of a good while marginal utility is the additional satisfaction gained from consuming an additional unit of the good.

6 0

3 years ago

A computer store has purchased three computers of a certain type at $500 apiece. It will sell them for $1000 apiece. The manufac

Ugo [173]

Answer:

The expected profit will be of 700 dollars

Explanation:

The expected profit will be the multiplication of the outcomes by their probability:

We have 10% chance of selling zero thus:

1,000(0) + 200(3-0) - 1,500 = -900

We have 20% chance of selling one thus:

1,000(1) + 200(3-1) - 1,500 = -100

We have 30% chance of selling two thus:

1,000(2) + 200(3-2) - 1,500 = 700

We have 40% chance of selling all thus:

1,000(3) + 200(3-3) - 1,500 = 1,500

$\left[\begin{array}{ccc}weight&outcome&w.profit\\0.1&-900&-90\\0.2&-100&-20\\0.3&700&210\\0.4&1,500&600\end{array}\right]$

We add each weighted profit to get the expected result:

-90 - 20 + 210 + 600 = 700

5 0

4 years ago