Answer:
Rate of interest will be 3 %
And number of periods will be 8
So option (a) will be correct option
Explanation:
We have given rate of interest = 12 %
And time period = 2 years
We have rate of interest is the money is compounded quarterly
When money is compounded then we divide the rate of interest by 4 and multiply time period by 4
So rate of interest for quarterly will be 
%
And number of periods will be 
So option (a) will be the correct answer
Answer:
$ 43,135.67
Explanation:
The amount required today is the present value of the future expected amount in 11 years computed using the present value formula below:
PV=FV/(1+r)^n*m
PV=the unknown present value
FV=$76,000
r=monthly interest rate=0.43%
n=number of years=11
m=number of months in 1 year=12
PV=$76,000/(1+0.43%)^(11*12)
PV=$76,000/(1+0.43%)^132
PV=$76,000/1.761883042
PV=$ 43,135.67
Answer:
Explanation:
- Leisel’s excess business loss is $23,000 computed as follows:
- Aggregate business deductions 420000
- Less : Aggregate business gross income and gains -142000
- Less : Threshold amount for year 2019 -255000
- Excess business loss 23000
She may use $255,000 of 278,000 proprietorship loss to offset non-business income.
The $23,000 excess business loss, the excess business loss is treated as part operating loss carryfoward in subsequent years.
Answer:
click someones name and click add answer
Explanation:
