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Anika [276]
2 years ago
8

In order to go to college, Hank goes from working full-time making $28,000 per year to working part-time at half the salary for

two years. The cost of his education will be $5,000. If Hank makes $33,000 per year after getting his degree, approximately how many years will it take him to recover his investment? a. 1 b. 5. 6 c. 6. 6 d. 12. 2.
Business
1 answer:
N76 [4]2 years ago
4 0

The total number of years taken by Hank to recover the total investment he has done in his education is 6.6 years.

Computation of the number of years taken by Hank to recover investment is:

\begin{aligned}\text{Number of Years}&=\frac{ \text{Total Income per Year after degree}}{\text{cost of the education}} \\\text{Number of Years}&= \frac{\$33000}{\$5000}\\\text{Number of Years}&= 6.6\:Years\end{aligned}

Therefore, the correct option is c.

To know more about the computation of a number of years, refer to the link below:

brainly.com/question/1447333

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In each of the following cases, determine how much GDP and each of its components is affected, if at all:
Elanso [62]

Answer:

Follows are the solution to this question:

Explanation:

In option A, Its increase in consumption and GDP is $200.

In option B, Investment decisions increase about $1800, net exports drop by $1800 and therefore GDP should remain constant.

In option C, GDP or investment wasn’t increasing only at present because estimates were produced last year.

In option D, Market growth is $470 million, options trading is rising by $30 million but GDP is growing by $500 million.

GDP is just a misleading indicator, it does not take into account recreation, environmental protection, education and health rates, non-market behaviors, changes in wealth disparity, increases of variety or rises in innovation. HDI's social progress Index could be used to highlight a need for people or their ability to assess national growth as the supreme requirement.

5 0
3 years ago
Which of the following are examples of job amenities?A. a child-care center at work B. health insurance benefits C. pleasant wor
Temka [501]

Answer:

The correct option here is E) all of the above.

Explanation:

Job amenities are nothing but the perks or benefits that a employee receives from his or her employer company . There can be various benefits that a employee can receive like health insurance, pension plan , dental insurance, vacation, or sick days , good working conditions etc.

All of the choices given in the question are examples of job amenities that a employee receives

6 0
3 years ago
in Illinois Mobile homes are generally considered to wich one a. personal property b. real property c.trade fixture d. fixtures
valina [46]

A. personal property


6 0
3 years ago
What do you think of the behavior of the United States to block China's chip research
antoniya [11.8K]

The behavior of the United States to block China's chip research was to encourage its industries to develop theirs.

<h3>What led to U.S. decision?</h3>

Aftermath of the ban of United states platform in China has led to numerous backlashes from the U.S. authorities as well.

For instance, there have been strict restriction on imported goods from China into the United states.

Hence, the behavior of the United States to block China's chip research was to encourage its industries to develop theirs.

Read more about chip research

<em>brainly.com/question/5154911</em>

#SPJ1

3 0
2 years ago
Mr. Bailey would like to gift $515,000 (FMV) of appreciated property (basis $200,000) to his son. Mr. Bailey doesn't want to use
Oliga [24]

Answer:

He should set a grantor retained annuity trust (GRAT).

Explanation:

Mr. Bailey would be the grantor that transfers the asset into the GRAT, but retains the right to receive annuity payments for a number of years. The IRS has set a minimum annuity corresponding to the Section 7520 rate, during the last two years the rate has varied from 2-3%. When the trust expires (pays all the annuities), the beneficiary gets the asset tax free.

Since the grantor is giving up an asset but in exchange is receiving an annuity form it, there is no applicable gift tax, it is called a zeroed-out GRAT.

This type of grant makes sense only if the grantor believes that the future value of the asset will be higher than the current value, since the annuity is based on the current value. In this case, Mr. Bailey would receive payments based on a $200,000 value, but the property's fair market value is already higher and should increase as time passes.

7 0
3 years ago
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