Answer:
Yes
Explanation:
When the mother is exposed to secondhand smoke, according to your statistics, there are 10.4% of them born with a low birthweight - which is more than 7.8%, the average.
Answer:
We will have $6488.6 in our account in 6 years.
Explanation:
The rate is 6.1% but it is compounded daily which means that the effective annual interest rate will be different to the stated rate. In order to find the EAR we will use the formula
(1+(R/N))^N)-1
In this case R=6.1% and N is 365 as there are 365 days in a year which means there will be 365 compounding periods as it is compounded daily.
We will put these values in the formula.
(1+(0.061/365))^365)-1
=(1.000167^365)-1=1.062893-1=0.062893
The Ear is 6.289%
Now in order to find how much we will have in our account in 6 years will use the formula
Future value = Present value *(1+Ear)^Number of years.
Future value = 4,500*(1+0.06289)^6=6488.6
Answer:
b. If Kurstie's itemized deductions exceeded the standard deduction by $200, then $200 of the refund is included in gross income.
Explanation:
Based on the information given we were told that the amount of $3,000 of the state income taxes paid as part of her itemized deductions was deducted Which therefore means that the statements regarding the taxability of Kurstie's refund that is true will be : IF THE ITEMIZED DEDUCTIONS EXCEEDED THE STANDARD DEDUCTION BY $200 the amount of $200 OF THE REFUND will have to be included in the GROSS INCOME .
Answer:
5.57%
Explanation:
Assuming that pure expectation theory holds, then the compounded returns of 1 year treasury security rate multiplied by the compounded return of 1 year security rate 1 year from now is equal to the compounded return of the 2 year treasury rate.
1 year treasury security rate = 4.25%
1 year treasury security rate 1 year from now = 6.9%
To solve, we have
1.0425 * 1.069 = (1 + x)²
1.1144 = (1 + x)², finding the square root of both sides
√1.1144 = 1 + x
1.0557 = 1 + x
x = 1.0557 - 1
x = 0.0557
Therefore, the yield today for 2 year treasury securities is 5.57%
Answer:
$50
Explanation:
As per previous balance method the Interest is charged based on the opening balance of the Credit Card.
As $50 was the balance from previous month and opening balance for this month, Hence $50 would be the amount we would use to calculate the interest for this month.
