Answer:
3 percent which is $30
Explanation:
The real value of money is measured against a basket of goods or services, or against a particular product or service. The real value is adjusted for inflation. In other words, the real value of money is its nominal value adjusted for inflation.
If the bank pays an interest rate of 4 percent, which leads to an increase of savings from $1000 to $1040, should prices increase by 1 percent, then the real value of money has increased by 3 percent. One percent increase in prices represents inflation. Keeping $1000 in the bank will earn a 3 percent real value or $30.
Answer:
Regency Bank : $51,347.27
King Bank : $46,590.99
Explanation:
The formula for calculating future value:
FV = P (1 + r)^mn
FV = Future value
P = Present value
R = interest rate
N = number of years
m = number of compounding
Regency Bank : $7,600 x (1.01)^(16 x 12) = $51,347.27
King Bank : $7600 x 1.12^16 = $46,590.99
A) Yes, because the government requires individuals to report income earned from an employer and other sources.
His side gig was the equivalent of self contracting. He would definitely have to report of he made over $400.
Answer:
The correct answer is C
Explanation:
NCI stands for the Non-controlling interest which also called as the minority interest, it is defined as the position of ownership where the shareholder owns outstanding shares that is less than 50% and has no control on the decisions.
Under the situation where the active prices for the shares are not acquired by the acquirer states a different value, it is not appropriate to assume the value of the non-controlling shares same as of the controlling shares.
Answer:
$8,300
Explanation:
Calculation for what Elroy's incremental profit or loss would be if he chooses option 2 over option 1
Using this formula
Incremental Profit of option 2 over option 1= Profit from option 1 - Profit from option 2
Let plug in the formula
Incremental Profit of option 2 over option 1= ($3,600*3)-(3*$1,100 - $800)
Incremental Profit of option 2 over option 1= $10,800 - $2,500
Incremental Profit of option 2 over option 1= $8,300
Therefore Elroy's incremental profit or loss would be if he chooses option 2 over option 1 would be $8,300
