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mr_godi [17]
3 years ago
9

Should all bank trasactions be recorded

Business
1 answer:
NARA [144]3 years ago
5 0

Answer:yes

Explanation:

Yes indeed.

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You're trying to save to buy a new $199,000 Ferrari. You have $49,000 today that can be invested at your bank. The bank pays 5.7
Gelneren [198K]

Answer:

It will take 25.28 year to have enough to buy the car ( ignoring Inflation effect)

Explanation:

Current Deposit = PV = $49,000

Future Value = FV = $199,000

Interest Rate = r = 5.7%

Use following Formula

FV = PV ( 1 + r )^n

$199,000 = $49,000 ( 1 + 0.057 )^n

$199,000 / $49,000 = ( 1 + 0.057 )^n

4.06 = 1.057^n

Log 4.06 = n log 1.057

n = log 4.06 / log 1.057

n = 25.28

it requires 25.28 year to have an amount to buy the Ferrari.

6 0
3 years ago
Where can aspiring entrepreneurs go to get their questions answered?
Nataliya [291]
Aspiring entrepreneurs can go to the internet, experienced entrepreneurs, Chambers of Commerce, Small Businessn Administration (SBA), college/university, or the community to get their questions answered. Hope this helps.
5 0
4 years ago
Which type of investment offers other s both capital gain and interested income
vfiekz [6]

Hard assets such as investment real estate can provide an investor with both capital gains and, I believe you meant investment income. Numerous assets classes, depending on the investor's state (country  or geographic area) and that area's tax laws will have significant, and often changing consequences for each type of investment.

However, keep in mind that capital assets are defined by the U.S. IRS as property such as home or car, and ohter investment property such as stocks or bonds.

Several definitions to keep in mind include capital gain or loss, the difference between price paid and price sold (occasionally including holding and selling costs, etc.).  Your basis in the investment property is what you paid for the asset.  


Hope this helps...never heard of interested income, but I don't know everything either. )

3 0
4 years ago
When a taxpayer does not materially participate in the business activities of a trade or business (including rental activities)
Vlad1618 [11]

Answer:

Passive activity

Explanation:

Passive activities are those kind of activities which involve the business or the trade activities in which the person does not participate materially. And when the person participate materially in the activity, the person is involved in the  operations of the company on a continuous, substantial as well as regular basis.

So, in this case, the taxpayer does not participate materially in the activities of the business and the taxpayer is the partial owner, any loss which flows through to the taxpayer will subject to the passive activity rules of loss.

8 0
4 years ago
While working in the command line console, not running X Windows, you suddenly need access to another shell to do another task.
Maksim231197 [3]

Answer:

You can press ALT-F2 or CTRL-ALT-F2 to open an alternate console screen and access a new shell session.

Explanation:

Pressing ALT-F2 or CTRL-ALT-F2 will open an alternate console. You can use this console to perform other tasks without stopping the program running in the first console screen. You can switch back by pressing ALT-F1 or CTRL-ALT-F1.

So you do the above trick to run both your other functions in a shell while still running your current application.

6 0
3 years ago
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