Answer:
$326,622.73
Explanation:
Calculation to determine How much will you have in your account if you make deposits for 20 years
Using this formula
Future value = Annuity × {( 1 + interest rate) ^ time period - 1} ÷ interest rate
Future value = $5,900 × {( 1 + 0.097 ^ 20 years - 1} ÷ 0.097
Future value= $5,900 × 55.3597842916
Future value= $326,622.73
Therefore the amount you will have in your account if you make deposits for 20 years is $326,622.73
A motorcycle or scooter would be the best option for Jim. Couple means two, so for two years, buying a very poor car would be the only option as to not go over two years of paying a loan on the car. What would cost Jim most is the fuel. A poor car will get very poor mpg, and short, stop and go, type trips is what takes the most fuel from any given vehicle. Commuting motorcycles and scooters alike can reach over one hundred miles per gallon. You can pay downward from five thousand dollars for a top of the line scooter if Jim so chooses.
I hope this helps.
Answer:
Cognitive dissonance
Explanation:
Cognitive dissonance refers to conflicting ideas or beliefs that cause discomfort to an individual. Individuals tend to seek consonance between their expectations and reality.
In this case Lester expected to feel good about his purchase of a luxury since it should be a much better car than his old hatchback, butt he actually doesn't like to drive the larger and more luxurious sedan.
Answer:
The answer is: 4,500 miles
Explanation:
Lesa can only deduct 4,500 miles as transportation expenses form her taxable income. She could include any other related expenses like parking fees, tolls, etc., that she spent during her business related trips.
The 7,000 miles she drove to and form work are not considered business expenses, since going to work is not an actual part of working. It's like an employee trying to get paid for the time he or she spends in a bus going to work.
