Answer:
a. $495.60
Explanation:
It is asking for the amount of FUTA
The FUTA rate is 6% but Niemann is paying their State taxes so it get's a discount for 5.4%
<em>His FUTA rate is then 0.6%</em>
82,600 x 0.06 = 495.6
Answer:
Revocation
Explanation:
Based on the information given She is able to do this because she has the right of REVOCATION which means the right to cancel , terminate, withdraw or bring a contract to an end due to some reason just as the case of Shawna and Philip's in which we were told that Shawna had a second thought on wheither Philip's will have the ability to pay her for the services she is about to rendered to him by deciding to calls Philip in order to withdraw her offer before Philip accepts it.
Therefore Shawna is able to withdraw her offer because she has the right of REVOCATION
Answer:
Explanation:
Monthly payments from <em>mortgages</em> are calculated with the compounding montly interest rate.
Thus, you can "calculate" the monthly rate and the multiply by 12 to obtain the <em>APR</em> (annual percentage rate).
The equation for the <em>monthly payment </em>is:
![Monthly\text{ }Payment=Loan\times \bigg[\dfrac{r(1+r)^t}{(1+r)^t-1}\bigg]](https://tex.z-dn.net/?f=Monthly%5Ctext%7B%20%7DPayment%3DLoan%5Ctimes%20%5Cbigg%5B%5Cdfrac%7Br%281%2Br%29%5Et%7D%7B%281%2Br%29%5Et-1%7D%5Cbigg%5D)
- Loan = 80% × $1,800,00 = $1,440,000
- Monthly payment = $10,800
- t = number of months = 25 × 12 = 300
Substitute:
![\$10,800=\$1,440,000\times \bigg[\dfrac{r(1+r)^{300}}{(1+r)^{300}-1}\bigg]](https://tex.z-dn.net/?f=%5C%2410%2C800%3D%5C%241%2C440%2C000%5Ctimes%20%5Cbigg%5B%5Cdfrac%7Br%281%2Br%29%5E%7B300%7D%7D%7B%281%2Br%29%5E%7B300%7D-1%7D%5Cbigg%5D)
You must find r but it is very difficult to make it the subject of the equation; thus, the best is to do succesive calculations:
Tests:
r monthyly payment
- 0.01 $15,166.43 > $10,800 ⇒ lower
- 0.005 $ 9,277.94 < $10,800 ⇒ increase
- 0.006 $10,362.08 pretty close; increase a little bit
- 0.00639059 $10,800 ↔ this is the number
Multiply the rate by 12 (to obtain the APR): 0.00639059 × 12 = 0.07668708 = 7.67%.
The annual interest rate is 10 %.
Annual percent fee refers to the yearly interest generated with the aid of a sum it's charged to borrowers or paid to buyers. APR is expressed as a percentage that represents the real yearly price of price range over the time period of a mortgage or profits earned on investment If a man or woman borrows hundred rupees at one rupee interest, for instance, he needs to pay one rupee hobby in keeping with month. So in twelve months, he has to pay ten rupees.
Here,
let the annual interest rate is r
new amount = $ 200
for the compound interest formula
new amount = initial amount * (1 + r)^time
200 = 100 * (1 + r)^7
solving for r = 0.104 = 10.4 %
the annual interest rate is 10 %.
Learn more about The annual interest rate here:- brainly.com/question/2699966
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True. When you analyze the key elements of a country's economic perspective environment, it is best to apply a systems perspective. When you follow the systems perspective you should be taking all of the behaviors, attributes and actions of a system when it's in its environment. instead of individualizing people and things within, it's an overall evaluation of the system.
