Based on the cost of the car and the interest rate, the amount Tracy is to pay is $638.41.
<h3>How much should Tracy pay?</h3>
The cost of the car is the present value of an annuity because Tracy's payment will be constant.
First find the monthly rate:
= 11% / 12 months
= 0.92%
The number of periods:
= 3 x 12 months
= 36 months
Amount to be paid is:
19,500 = Amount x (1 - ( 1 + 0.92%) ⁻³⁶) / 0.92%
Amount = 19,500 / 30.544874328
= $638.41
Find out more on the present value of an annuity at brainly.com/question/25792915.
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Answer:
a. $24,000
b. $9,000
Explanation:
a. The amount of income or loss from the partnership is limited to the share of the loss rather than its partnership interest
In the given case, the partnership interest is $45,000 and the share of his loss is $24,000
So, $24,000 is reported in his individual income tax return
b. The computation of the Wilson's basis in his partnership interest is shown below:
= Basis in his partnership interest - share of the loss - cash distribution received from the partnership
= $45,000 - $24,000 - $12,000
= $9,000
The goal of AFTB is to assist family members of soldiers by educating them to better manage deployment, long time separation and other challenges of militarily life. This will enable the soldiers to stay focus on military mission. AFTB assist family members by providing them with skills and tools to successfully manage the army system, understand the military way of life and access the resources and services available to them.
Answer:
paid in capital from treasury stock = $10000
Explanation:
on 3rd jan
treasury stock = 2150*9 = 19,350
cash = 19,350
30 jan
cash = 1000*19 =19,000
treasury stock = 1000*9 = 9000
paid in capital from treasury stock = 19000- 9000 = $10000
