Scholarships would not be of any benefit
Harriet is the person that can claim the earned income credit because the divorce decree gives Harriet the right to claim Preston as a dependent.
<h3>What the law on divorce states</h3>
The law on divorce or separation decree states that the noncustodial parent may claim the dependent even when there is no written declaration from the custodial parent.
Other explanation includes:
- The parent who the child spends the most time with may claim the dependent.
- If only one of the taxpayers is the child’s parent, that parent may claim the dependent.
In conclusion, Harriet is the person that can claim the earned income credit because the divorce decree gives Harriet the right to claim Preston as a dependent.
Read more about income credit
<em>brainly.com/question/13522402</em>
Lack of financial resources and corruption
Answer:
a. Price it at $250 and $300 and use a discrimination strategy to reach the two segments of the market
Explanation:
In order to maximize the revenue the price must be applied. But at the same time the first have to use the price discrimination strategy for reaching the two segments
So, The maximized revenue is
= (1,000,000 × 0.40 × $300 ) + (1,000000 × 0.60 × $250 )
= 120 million + 150 million
= $270 million
SO it would be lies in middle of $250 and $300
Hence, the first option is correct
Answer:
$50,258.
Explanation:
According to the scenario, computation of the given data are as follow:-
We can calculate the deposit amount at the end of 15 years by using following formula:-
Deposit Amount per year(PMT) = $2,000
Interest rate = 7% = 0.07
Deposit year (n) = 15 years
Future value(FVIFA) = PMT × [{(1 + interest rate)^number of years - 1} ÷ interest rate]
= $2,000 × [{(1 + 0.07)^15 - 1} ÷ 0.07]
= $2,000 × [{2.7590315 - 1} ÷ 0.07]
= $2,000 × [1.7590315/0.07]
= $2,000 × 25.129022
= $50,258
According to the analysis total deposit at the end of the year is $50,258.
