Answer and Explanation:
The computation of the effective annual rate in each of the following cases is shown below;
a. For quarterly
Effective annual rate = (1+0.094 ÷ 4)^4 - 1
= 9.74%
b. For monthly
Effective annual rate = (1+0.184 ÷ 12)^12 - 1
= 20.03%
c. For daily
Effective annual rate = (1+0.144 ÷ 365)^365 - 1
= 15.49%
In this way it should be calculated and measured
Answer: c. $300
Explanation:
Private Saving is income less taxes and consumption so is calculated by the formula;
= Y - C - T
= Income - Consumption - Taxes
Find Consumption
Y - C - G = I
Income - Consumption - Government spending = Investment
1,000 - C - 200 = 250
C = 1,000 - 200 - 250
C = $550
Private Saving is therefore;
= 1,000 - 550 - 150
= $300
In the United States, the U.S. dollar determines the value of money. There are three ways to measure the value of the dollar. The first is how much the dollar will buy in foreign currencies. The exchange rate<span> measures that value. </span>Forex traders<span> on the foreign exchange market determine that value. They take into account current supply and demand, as well as their expectations for the future.</span>
Answer:
$2142.57
Explanation:
-The first step is to calculate the security tax and Medicare tax
If the total earning of Portia grant for the month of January is $8,838 then the security tax and FICA Medicare tax can be calculated as follows
Security tax= 6.2/100×8,838
= 0.062×8,838
= 547.95%
Medicare tax= 1.45/100×8,838
= 0.0145×8,838
= 128.15%
-The next step is to calculate the total amount of taxes
The SUTA and FUTA taxes is the amount of tax that is paid by the owner of the organization and as such they are not included in Portia's earning
If the Federal income tax withheld is $1,466.47 then, the total amount of tax withheld from Portia's earning can be calculated as follows
= 547.95+128.15+1,466.47
= $2142.57
Hence the total amount of taxes withheld from Portia's earning is $2142.57
Assume that interest rates on 20-year treasury and corporate bonds with different ratings, all of which are noncallable, are as follows default risk differences.
The more credit danger related to an enterprise the better the fee of going back presented on its monetary contraptions, and that is reflected in the example given within the query. The T bond has the lowest chance of default due to the fact it's far assured by using the Treasury, so the return is the lowest.
The excellent-rated company bond has the bottom return among company bonds, and the worst-rated pays the best return bonds can be noncallable for a time period, giving a length of constant hobby payments to the customer after which, become callable after that period to allow the company to reset the interest fee at the debt specifically if the marketplace has changed. Noncallable security is a monetary safety that can't be redeemed early by the company besides from the fee of a penalty.
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