Answer:
c. 1.6 percent.
Explanation:
GDP Deflator = Nominal GDP / Real GDP * 100
year 1
Real GDP = $2250 billion/72*100
= $ 3125.
year 2
Real GDP = $2508 billion/79*100
= $3175
Real GDP rose by = Real GDP (2nd year) - Real GDP (1st year)
= $3175 - $3125
= $ 50
% increase = $50/$2,250*100
= 1.6%
Therefore, The Real GDP rose by 1.6%.
Answer:
sorry need koren po ng point kasi mag a ask lang din nmn po ako thnks po:(
Answer:
the amount in the fund after 10 years will be $785,075.04
Explanation:
The computation of the amount after 10 years is shown below"
As we know that
Future value = Present value × (1 + rate of interest)^number of years
= $150,000 × (1 + 0.18)10
= $785,075.04
Hence, the amount in the fund after 10 years will be $785,075.04
Answer:
4.524%
Explanation:
Jackson's marginal tax rate = 22%
after tax return of Sundial Incorporated bonds = 5.8% x (1 - 22%) = 4.524%
since municipal bonds are not taxed by the federal government, in order to compare the yields we must calculate the after tax return of corporate bonds. On the other hand, federal bonds do not pay state and local taxes.
