Answer:
Final Value= $565,593.64
Explanation:
Giving the following information:
It is estimated that she would need $1 million to cover all the expenses for both her children. She is willing to save $20,000 every six months for the next 10 years. The estimated rate of return is 7 percent annually that she would be earning on a semi-annual compounding basis.
Effective rate=0.07/2= 0.035
We need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {20000*[(1.035^20)-1]}/0.035= $565,593.64
The answer is Mediator.
Because when you google the definition of the mediator it tells you the following:
“a person who attempts to make people involved in a conflict come to an agreement; a go-between.”
I think it's 17,000. I there any answer choices?<span />
Answer:
a. long-term capital gain.
Explanation:
A 1031 exchange allows investors to delay paying taxes when they swap like-kind properties. The basis of this property will start on January 1, 2019, the date the first property was acquired. If the investor sold the property on February 1, 2020, more than a year passed, so this should be taxed as a long term capital gain.
Answer:
The appropriate response is "Pure competition".
Explanation:
- Pure competition seems to be an economically efficient circumstance where there is already a massive quantity of international customers and retailers as well as the manufacturer would be ready for deployment.
- Even though both a significant quantity of products as well as extremely similar or defined consumer items seem to be characteristics of pure competition.
