Answer: Straight line method is $7,400 per year.
Double declining balance method is $ 14,800 per year.
Explanation:
Depreciation on a straight line basis is calculated thus:
Cost - Residual value/ useful life
= (36,000 - 6,400)/ 4
= 7,400 per year
Depreciation on double declining method is calculated thus:
100% / useful life
100%/4 = 25
25%*2= 50%
Cost - residual value * 50%
36,000 - 6,400* 50%
29,600* 50%
=$14,800 for the first and second year
Answer:
4% (exactly 4.4%)
Explanation:
A taxable bond is a debt security whose return to the investor is subject to taxes at the local, state or federal level, or some combination thereof. An investor trying to decide whether to invest in a taxable bond or tax-exempt bond should consider what s/he will have left in income after taxes are taken.
Step 1:
Find the reciprocal of your tax rate,
(1-22%) = 1-0.22 = 0.78
Step two:
Divide this into the yield on the tax-free bond to find out the tax-equivalent yield.
3.5/0.78 = 4.4 ~ 4%
Answer: D. Continue it"
Explanation: They do not have any legal reason to stop it, it is part of her right as a worker.
I would say that using a credit card would charge a higher interest.
Answer:
I prepared an amortization schedule using excel. You will need to make 48 monthly payments of $371.24
