1. Own your name.
2.Get in with the law.
3.How much do you need to live? got to think about your living costs.
4.Takes Brains, and bravery.
5.learn and be smart
$45,000 would be your net worth
10% of 50,000 is 5,000 so subtract 5,000 from 50,000 and you get 45,000
Answer:
A market economy
Explanation:
A market economy is better, since you will have a lot of food to sell, naybe you go higher when its poular around the areas
Answer:
Annual payment= $57,928
Explanation:
Giving the following information:
Allison and Nick anticipate they will require an annual income of $50,000 when they retire 15 years from now.
They expect to receive Social Security benefits of $20,000 per year at that time. In calculating their retirement savings need, the couple is assuming a 3% annual rate of inflation, an 8% return on investments, and a 25-year retirement period.
First, we need to calculate how much money they need on retirement:
25 years * 50000= $1,250,000
i=8%-3%= 5%
To calculate the annual payment we need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual payment
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (1,250,000*0.05)/[(1.05^15)-1]= $57,928
Answer: The correct answer is " b. $0 and $450,000. ".
Explanation: First we must calculate the amount for which we change the warehouse ($ 350,000 + $ 150,000) = $ 500,000.
The adjusted base of the warehouse was $ 600,000.
Therefore there is a loss of $ 100,000, which is not recognized because it is not realized at that time in the face of an exchange of such characteristics, the base of the office building must be calculated taking into account the postponed loss:
Fair market value ($ 350,000) + Postponed loss ($ 100,000) = $ 450,000.