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hoa [83]
3 years ago
12

An individual in the 36 percent tax bracket has $20,000 invested in a tax-exempt account. If the individual earns 10 percent ann

ually before taxes and inflation is 3.0 percent per year, what is the real value of the investment in 10 years?
Business
1 answer:
ruslelena [56]3 years ago
4 0

Answer:

the  real value of the investment in 10 years is $38,614

Explanation:

The computation of the real value of the investment is given below:

but before that the rate of return is

= (1.10) ÷ (1.03) - 1

= 6.8%.

Now the

Future value  

= $20,000 × (1 + 0.068)^10

= $38,613.80

Hence, the  real value of the investment in 10 years is $38,614

The same should be calculated

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Global Trade, or commerce, involves the transfer of the ownership of goods or services, from one person or entity to another, in exchange for money goods or services. Help to Grow the Society.


4 0
3 years ago
________ also known as business etiquette, ethical conduct, social intelligence, or soft skills, refers to a whole range of desi
Novosadov [1.4K]

Answer:

Workplace etiquette

Explanation:

The workplace etiquette is a group of behaviours that are expected from people working in the same place.

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Let's see some examples of rules of workplace etiquette:

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4 0
3 years ago
At the end of 2018, Murray State Lenders had a balance in its Allowance for Uncollectible Accounts of $4,500 (credit) before any
Kruka [31]

Explanation:

The journal entry to record the estimated uncollectible accounts is shown below:

Bad debt expense Dr $7,500

      To Allowance for uncollectible accounts       $7,500

(Being the bad debt expense is recorded)

The computation is shown below:

= Estimated amount for uncollectible accounts - credit balance in allowance for uncollectible accounts

= $12,000 - $4,500

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5 0
3 years ago
-8/3 + 7/2 =?<br><br>por favor ayúdenme.​
Triss [41]

Answer:

-5/6

Explanation:

Fist find the common denominators of the two

-  \frac{16}{6}  +  \frac{21}{6}

Then you that minus sign in front of the fraction that means its negative

although theres an addition sign where subtracting fractions.

given it's in this order the fraction will be negative

-  \frac{16}{6}  +  \frac{21}{6}  =  - \frac{5}{6}

:D

6 0
3 years ago
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For the answer to the question above, I<u><em> believe the answer is </em></u><span><u><em>If Jason raises his price he would lose all his customers.</em></u></span>

Because a teenager could do that and he doesn't need an experience for lawn mowing and if you'll gonna increase your price. Be sure that you offer something additional or something special. A price hike in a competitive market is not good at all. Whether it's a big or a small business
8 0
4 years ago
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