Answer:
Disposable Income
Explanation:
dis·pos·a·ble in·come
/dəˈspōzəbəl ˈinˌkəm,dəˈspōzəbəl ˈiNGˌkəm/
Learn to pronounce
noun
income remaining after deduction of taxes and other mandatory charges, available to be spent or saved as one wishes.
"the rents of tenants in work reached 21 percent of disposable income"
Answer:
A <u>SUBPRIME</u> borrower is a borrower with a flawed credit history and an <u>ALT-A BORROWER</u> is a borrower who states his or her income but does not document or prove the amount of income.
Explanation:
Subprime borrowers are borrowers that have a bad credit score and because of this, any bank or other lending institution will either reject them as clients or charge them a really high interest rate on a loan.
An Alt-A borrower is in the middle between a prime borrower (good credit score) and a subprime borrower. He/she will not get rejected as often, but the interest rates will still be relatively high and the amounts of money borrowed tend to be smaller than prime borrowers. Some companies like Fannie Mae or Freddie Mac do not accept Alt-A borrowers, but most banks do.
Answer:
Shoe-leather costs.
Explanation:
Resources wasted when inflation encourages Bob to reduce his money holding for more than 2 weeks incase it does decrease.
Answer:
Check the explanation
Explanation:
Particulars Amount in $
A. Gross Estate 8600000
Less: deductions (funeral & administrative tax) 70000
B. Taxable estate 8530000
c. Gift-Adjustable Taxable estate value:
Taxable estate 8530000
Charities will be deucted from tax calculation 1000000
gift-adjusted taxable estate value 7530000
D. estate would be subject to tax 7530000
E. estate tax liability Calculated below 876000
For estate more than 53400000 tax will be charged at 40%
So, same is 40% of excess on 53400000
Taxable estate before threshold after deducting 53400000 from estate that would be subject to Tax 2190000
Tax at 40% of excess value 876000
