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grigory [225]
2 years ago
7

Which is the largest source of tax revenue in the united states?

Business
1 answer:
Snezhnost [94]2 years ago
3 0

Answer:

Individual income taxes.

Explanation:

This has been the largest single source of federal revenue since 1950.

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Determine the monthly payment of a loan for $3,000 at 7. 5% interest compounded monthly for 36 months. A. $93. 32 b. $95. 40 c.
den301095 [7]

The correct statement is that the monthly payment of a loan of $3000 will be $104.11. The calculations obtained are not relevant with the options of the statement quoted above.

The calculations can be done by applying the values to the formula of compounded interest and then further multiplying the values obtained with the number of monthly payments.

<h3>Calculation of Compounded Monthly Payments </h3>

  • The formula to calculate compound interest is as below.

  • \rm Compounded\ Annuity= 3000(1+ \dfrac{0.075}{12})^1^2\ ^x\ ^3\\\\\\\rm Compounded\ Annuity= 3000(1+ 0.00625)^3^6\\\\\\\rm Compounded\ Annuity= $3754.11

  • The values obtained will now be derived into the following formula,

  • \rm Compounded\ Payments = \dfrac{Annuity}{No.\ of\ Monthly\ Payments}\\\\\\\rm Compounded\ Payments = \dfrac{3754.11}{36}

  • Continuing further,

  • \rm Compounded\ Payments= \$104.11

So, it is clear that the compounded monthly payments will be $104.11.

Hence, the monthly payment of loan for 36 months will be $104.11 which will be paid monthly at the rate of 7.5%.

To know more about Compounded payments, click the link below.

brainly.com/question/8441564

6 0
2 years ago
Borrowing money to pay for expensive items like student loans and home mortgages with the intent to pay it back in fixed monthly
Leno4ka [110]

Answer:

Installment Credit

Explanation:

8 0
3 years ago
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How does real fingerprint analysis differ from the fingerprint analysis shown on television programs such as CSI?
Zolol [24]
Nowadays the FBI and all that take ink and put your finger prints in your file, but in CSI they just have your finger prints on the data base over the computer saved... Hope this helped!!
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3 years ago
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Kingbird Company sells 290 units of its products for $18 each to Logan Inc. for cash. Kingbird allows Logan to return any unused
tensa zangetsu [6.8K]

Answer:

Kingbird Company

a. The amount of Net Sales = $5,040.

b. The amount of the estimated liability for refunds = $180

Explanation:

a) Data and Calculations:

Units of products sold to Logan Inc. = 290

Selling price = $18

Sales revenue = $5,220 ($18 * 290)

Cost of each unit = $11

Expected returns = 10/290 = 0.03448

Net sales = $5,220 * (1 - 0.03448)

= $5,040

Estimated liability for refunds = $180 ($5,220 - $5,040)

8 0
2 years ago
Patagonia goes to great lengths to minimize work-family conflict by offering interesting benefits like on-site childcare. As a r
Llana [10]

Answer:

A. Increased perception of quality by customers

Explanation:Work-family conflict is a term used to describe the imbalance created by the incompatible Demands by the responsibilities of a person at work and the person's responsibility at home.

WORK-FAMILY CONFLICT IS A MAJOR FACTOR CAUSING LOW EMPLOYEE MORALE ESPECIALLY FOR NURSING WOMEN,REDUCED WORK PERFORMANCE AND HIGH ABSENTEEISM ETC AMONG WORKERS.

When an employer puts systems in place to helps reduce the impact of this Work-family conflicts most of the performance related backslides in Organisations will be effectively managed.

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