Answer:
B. Step-up/Step-down CD
Explanation:
A bank certificate of deposit (CD) can be defined as a secured form of time-bound deposit and a special low-risk savings account, wherein money (lump-sum) are left with the bank for a specific period of time in exchange for an interest rate premium.
Generally, a certificate of deposit pays a higher interest rate to its holder than the regular savings account because the banks invest the money in a business.
Additionally, the bank certificate of deposit is protected and insured by the Federal Deposit Insurance Corporation (FDIC) for up to $250,000.
A Step-up/Step-down certificate of deposit (CD) is a type of CD that changes the rate of interest for a deposit based on the prevailing market interest rate.
Answer: $5510
Explanation:
For organizations cost up to $50,000, there'll be a deduction of $5000. The remaining non deductible expense will then be spread out for 180 months. Here, the non deductible cost will be:
= ($13200 + $7100) - $5000
= $20300 - $5000
= $15300
The capitalized cost will then be:
= $15300 / 180
= $85 per month.
Since there's an ammortization of 6 months from July, then the capitalized cost will be:
= $85 × 6
= $510
Therefore, the amount that should be deducted on its first tax return will be:
= $5000 + $510
= $5510
GIVEN -> Voltage in circuit = 12 V
Current in circuit = 2 A
To find resistance we will use the well known equation or Ohms Law equation,
which is; V = IR
hence R = V/I
R = (12 V) / 2 A
R = 6 ohm
therefore, ideally the resistance in the circuit would be equal to 6 ohms.
The answer to the statement above is TRUE. Program plans in a reinforcement type of reinforcement usually aim in the preservation and development of support for the public. The purpose of reinforcement here is to maintain public confidence. What is done in reinforcement is that the established organizational policy are being reiterated for the preservation of the good of the public.
