Answer:
504.15 million.
Please find the detailed answer as follows:
Explanation:
Consider the following calculations. The key to solve the exercise is to apply the formula of compound interest.
Present Value = 190/(1+.18)^1 + (190 -2)/(1+.18)^2 + (190 - 2 - 2)/(1+.18)^3 + + (190 - 2 - 2 - 2)/(1+.18)^4 = 504.15 million
Answer:
The answer is: False
Explanation:
The labour force consists of people who are employed and those who are unemployed. The unemployed consist of three groups: unemployed but actively searching for a job, unemployed and not actively look for a job, those who are able to work but have given up the search for employment. The official rate of unemployment measures the number of unemployed people in a country's labour force. In this case, people who have given up looking for jobs and are not reporting themselves as unemployed but rather as out of the labour force, make the unemployment rate lower. If they were counted as part of the unemployed, then the unemployment rate would be higher.
Distributions of income and wealth reveal how power is distributed in society because usually those in the top income bracket control society in all its aspects including banks and other financial institutions, news media politics so that the rich people control society such as in our western capitalist countries despite the facade of democracy. In a socialist society on the other hand, money is distributed equitably amongst the vast majority of the people to meet their basic needs for health and medicine, education, food and clothing and shelter first and foremost.
Answer:
Third year depreciation: $ 12689,44
Formula for dn, dn= Ci x0,89^n
Ci is the initial cost
Explanation:
Spreadsheet is attached with the calculus and the probation formula.
In the traditional method each year we reduce the value by 11%
So, is dn=C(n-1)*0,11
C(n-1) is the carrying value
Also, we obtain the same result with the following formula
dn= Ci x0,89^n
Ci is the initial car cost
As the depreciation is 11%, 89% is the value that remains.
Answer:
d. If Tonya itemized her deductions in 2017 on her Federal income tax return and her itemized deductions exceeded the standard deduction by more than $900, she must recognize $900 income in 2018 under the tax benefit rule.
Explanation:
Tonya is a cash basis taxpayer. In 2017, she paid state income taxes of $8,000. In early 2018, she filed her 2017 state income tax return and received a $900 refund. If Tonya itemized her deductions in 2017 on her Federal income tax return and her itemized deductions exceeded the standard deduction by more than $900, she must recognize $900 income in 2018 under the tax benefit rule.