Answer: $1091.61
Explanation:
From the question, we are told that fifteen years ago, Mr. Fairhold paid $50,000 for a single-premium annuity contract and that this year, he began receiving a $1,300 monthly payment that will continue for his life and based on his age, he can expect to receive $312,000. The amount of each monthly payment is taxable income to Mr. Fairhold goes thus:
Based on the question, Mr Fairhold will have a tax free return of the $50,000 paid. The exclusion ratio will be the investment divided by the expected return. This will be:
= $50,000/$312,000
= 0.1603
Since he received monthly payment of $1,300 and exclusion ratio is 0.1603, the tax free return on investment will be:
= $1,300 × 0.1603
= $208.39
Taxable annuity payment will now be:
= $1300 - $208.39
= $1091.61
Answer:
The Correct Option is C.
Explanation:
Vision is which a person see something either having a heavenly perspective or in the person or individual mind. Whereas the dream is what the person or individual see when the person or individual is asleep.
So, Jung believed that the dreams and the vision is important or vital form of communications from another domain.
Answer:
27.3%
Explanation:
rate of retun on assets:
where:
Net income: 112,000
2018 Assets: 410,000
$Assets rate of return 0.2731707317073171 = 27.32%
During 2018 each dollar of assets generate 27.32 cents of income.
You do:
132 divided by 22 to calculate the daily wage. The answer is 6. Next you do 15x6 which equals 90. Therefore, the answer is $90
Price, not product performance, is the primary selling point for businesses who adopt innovation as a central component of their strategy, this is an untrue statement.
There is a misconception that the closed innovation paradigm underlies innovation produced by firms themselves. This innovation takes place wholly within the businesses, from idea generation through idea development, and is clearly specified within the boundaries of the businesses. To successfully implement closed innovation in a company, a number of criteria must be taken into account. Employee needs in closed innovation are particularly high, and the company intends to expand its pool of qualified personnel. The business must also safeguard its intellectual property.
To learn more about innovation here
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