Answer:
At the end of the sixth year, you will have:
= $8,487.17.
Explanation:
a) Data and Calculations:
Annual savings = $1,000
Interest rate per year = 10%
Period of savings = 6 years
First deposit = today
From an online financial calculator:
N (# of periods) 6
I/Y (Interest per year) 10
PV (Present Value) 0
PMT (Periodic Payment) 1000
Results
FV = $8,487.17
Sum of all periodic payments $6,000.00
Total Interest $2,487.17
Answer:
C the Ecenomy has been well for while and is
at its highest piont of the cycle
Explanation:
hope it helps
Answer: $25,000
Explanation:
Given Data:
Gross income from coal = $250,000
Income from trucking coal = $20,000
Royalty paid to Donny = $30,000
Taxable income on call excluding depletion = $40,000
Coal depletion rate = 10%
Lease agreement = $4/ton
Therefore:
brian's percentage depletion deduction for the current year is
= gross income x coal depletion rate
= $250,000 x 0.1
=$25,000
Answer:
ohhh really I am also from Nepal
Namaste timi Santa bolerw ramro lagyo dhanyabaad!