Answer:
$ 50.625
Explanation:
Amount of deposit = $50
interest 5 percent usually per year
Per year interest rate = 5/100= 0.05
Interest rate for 3 months= 0.05/12 x3
=0.0125
Interest amount =0.0125 x50= 0.625
Money in the account will be
=$50+0.625
=$ 50.625
Answer:
Correct option is (b)
Explanation:
Disabled access credit is granted by IRS to small business owners on expenses incurred by them in making their structure accessible for physically handicapped people. Cost incurred could be on constructing ramps for wheelchairs or providing hear aids to people with hearing impairment.
The maximum credit is $5,000 or 50% of cost not exceeding $10,250 ($250 initial cost cannot be claimed for exemption), whichever is less.
Here, Cost incurred is $11,000. So 50% (10,250 - 250) or 0.5×10,000 that is $5,000 would e Amber's disabled access credit.
Answer:
Special revenue fund.
Explanation:
A special revenue fund is a government account created to collect money that is used for an specific purpose or project. The money collected by this type of account can only be used for the specific purpose for which it was established.
In this case, the revenue collected from the gasoline tax can only be used for highway construction and maintenance.
Answer:
Total cost= $984.62
Explanation:
Giving the following information:
Fixed cost= $460
Unitary variable cost= $0.34 per mile
Miles driven= 1,534
<u>First, we need to establish the total cost formula:</u>
<u></u>
Total cost= fixed cost + unitary variable cost*number of units
Total cost= 460 + 0.34*x
x= number of miles
<u>Now, the total cost for the month:</u>
Total cost= 460 + 0.34*1,543
Total cost= $984.62
Answer:$500
Explanation:
Sell short means ,borrowing shares of a company that the buyer speculates will fall in value at a later date
Change in equity 100(28-23)=100×5=$500
