when adam and tori got married 15 months ago, adam moved into the house that toni had owned and lived in for the prior 3 years. they recently decided to move to a more suburban neighborhood and sold the house. what is the maximum amount of gain from the sale of the personal residence that adam and tori can exclude from income taxation?
Answers
Based on the given information, the maximum amount of gain from the sale of the personal residence that Adam and Tori can exclude from income taxation is Zero. Thus the correct option is A.
What is Tax?A tax is referred to a certain amount that is collected by the government of any country from its citizens which is later on used in the development process of the country including building hospitals, roads and maintaining transportation, and so on.
Determine Your residency in the property for the 5-year period before the sale 2. The interval between the sale and the day you last sold a house for which you claimed the exclusion.
Therefore, option A is appropriate.
Learn more about Tax, here:
https://brainly.com/question/16423331
#SPJ1
The comnplete question is Probably
Adam and Tori got married and bought a house 15 months ago. Tori’s job recently transferred her to an office in a different state, so Adam and Tori sold their house. What is the maximum amount of gain from the sale of the personal residence that Adam and Tori can exclude from income taxation?
$0
$250,000.
$312,500.
$500,000.
Related Questions
A tax on the buyers of cameras encourages Select one: o a. sellers to supply a larger quantity at every price. O b. buyers to demand a smaller quantity at every price. O C. buyers to demand a larger quantity at every price. O d. sellers to supply a smaller quantity at every price.
Answers
A tax on the buyers of cameras encourages buyers to demand a larger quantity at every price.
A tax is a mandatory financial burden or other type of levy imposed on a taxpayer by a government agency to fund government expenditures and various public expenditures, and which allows the taxpayer to pay an appropriate amount of tax.
Refers to policies and actions of individuals aimed at ensuring that Get the right tax credits and relief at the right time. Late payments and tax evasion or resistance are illegal and will be prosecuted by law. Taxes can be either direct or indirect and can be paid in cash or in labor equivalents.
Hence the correct option is C
To know more about Tax here-
https://brainly.com/question/16423331
#SPJ4
when the price of good is RS4 the demand for the good is 25 units if the price increses to RS5 the demand falls to 15 units claculate the price elasticity
Answers
Original demand - New demand =
25 - 15 = 10
10/ 25 = 0.4%
Original price - New price =
4 - 5 = -1
-1/4 = -0.25%
0.4%/-0.25%
= -1.6
Price Elasticity = -1.6 %
Table 1 contains information about the number of new business start-ups in four cities in the UK in 2016.
Using the information in Table 1, calculate, to 2 decimal places, the number of new start-ups in Birmingham as a percentage of the number of new start-ups in London. You are advised to show your workings.
Answers
The number of start-ups in Birningham as a percentage of the start-ups in London is 8.51%.
What are percentages?
Percentage is a measure of frequency. It is the fraction of an amount that is usually expressed as a number out of hundred. The sign used to represent percentages is %.
The number of start-ups in Birningham as a percentage of the start-ups in London = (17473 / 205320) x 100 = 8.51%
To learn more about percentages, please check: https://brainly.com/question/25764815
Which of the following developments made the emergence of the sport business industry possible?
a. growth of the rural population
b. entrepreneurs with little knowledge about the sport industry
c. technology such as the railroad and telegraph
d. the modernization of sports such as basketball and soccer
Answers
The development that made the emergence of the sport business industry possible was c. technology such as the railroad and telegraph. The correct answer is option c).
Before the introduction of these technologies, sports events were limited to local audiences and had a limited reach. The railroad allowed for athletes and spectators to travel to and from events much more easily, which led to larger crowds and greater exposure for the sports.
The telegraph also played a crucial role in spreading news about sports events, allowing for fans and spectators to follow games from afar. This increased exposure and accessibility to sports events led to the rise of entrepreneurs who saw the potential for profit in the industry.
These entrepreneurs were able to capitalize on the growing interest in sports, and with the help of these technologies, they were able to create a thriving sport business industry. While the modernization of sports such as basketball and soccer did play a role in the growth of the industry, it was the accessibility and exposure provided by technology that made it possible for the industry to emerge and thrive. Hence the answer is option c).
Know more about telegraph here:
https://brainly.com/question/19406580
#SPJ11
Type the correct answer in the box. Spell all words correctly.
Ideally, what should more than one member of the family contribute to for a better financial position?
A family can have more than one person contributing to the household _______
for a better financial position.
Answers
A family can have more than one person contributing to the household income for a better financial position.
\(\huge{\mathfrak{\colorbox{black}{\textcolor{lime}{I\:hope\:this\:helps\:!\:\:}}}}\)
♥️ \(\large{\underline{\textcolor{red}{\mathcal{SUMIT\:\:ROY\:\:(:\:\:}}}}\)
when blueberry designs launched their online delivery portal, they emphasized their expansion from designer wear into sportswear and activewear. they included in their message the number of consumers who have switched to blueberry designs brand because it stands for quality. blueberry designs is demonstrating group of answer choices price appeal advertising appeal product/service popularity appeal emotional appeal
Answers
When blueberry Design launched its online delivery portal, it emphasized its expansion from designer wear into sportswear and activewear. they included in their message the number of consumers who have switched to the blueberry designs brand because it stands for quality. blueberry designs is demonstrating product/service popularity appeal. Option C
What is product/service popularity appeal?Generally, An appeal to popularity makes the assumption that there is no way that a significant number of customers could all be mistaken about the quality or worth of the product or service being advertised.
On the other hand, it is not impossible for a big number of individuals to be mistaken, particularly if only a small percentage of customers investigate their available choices before making a purchase.
Read more about product/service popularity appeal
https://brainly.com/question/29563349
#SPJ1
Devon was surprised that his pay check was less than he had expected. His
paycheck was reduced because
had been withheld by his employer.
OA. incentives
B. commissions
C. gross pay
OD. deductions
Answers
The answer is C. Gross pay. Devon's paycheck was reduced because it had been withheld by his employer as gross payment.
"Gross pay" mean?Before any taxes, benefits, or other payroll deductions are done , an employee's gross salary is what they are paid. Net pay, often known as take-home pay, is the amount that is given after all withholdings have been taken into consideration.
Calculate my gross pay?Start by determining the total amount need for each pay period in order to see an employee's gross compensation. Hourly workers multiply their total hours worked by their hourly rate, plus any overtime. Employees on a salary split their yearly earnings by the number of pay periods.
To know more about Gross Payment visit:
https://brainly.com/question/30099743
#SPJ1
You see that the price of wooden chairs increased, while the quantity decreased. Which of the following is most likely to have caused this change? An increase in the number of suppliers of wooden chairs A decrease in the price of wooden tables (a complement to wooden chairs) An increase in the price of wood (an input into the production of wooden chairs) A decrease in the popularity of wooden chairs
Answers
An increase in the price of wood (an input into the production of wooden chairs) is most likely to have caused the change in the price and quantity of wooden chairs. Option C.
When the price of wooden chairs increases and the quantity decreases, it suggests a shift in the supply curve or a change in the factors affecting the production of wooden chairs.
Among the given options, an increase in the price of wood (an input into the production of wooden chairs) is the most likely cause. Wood is a key resource in the production of wooden chairs, and if its price increases, it raises the production costs for chair manufacturers.
As a result, suppliers may reduce the quantity supplied of wooden chairs to maintain profitability, leading to higher prices and reduced availability in the market.
An increase in the number of suppliers of wooden chairs would likely have the opposite effect. With more suppliers, the competition would increase, potentially leading to lower prices and a greater quantity of wooden chairs available.
A decrease in the price of wooden tables (a complement to wooden chairs) would not directly impact the price and quantity of wooden chairs. Complements are typically consumed together, but a decrease in the price of one does not necessarily affect the other.
A decrease in the popularity of wooden chairs might impact demand, but it would not directly explain the increase in price and decrease in quantity. A decrease in popularity would generally result in a decrease in both price and quantity.
Therefore, an increase in the price of wood is the most likely factor to have caused the change in the price and quantity of wooden chairs. So Option C is correct.
For more question on quantity visit:
https://brainly.com/question/29636800
#SPJ8
An analyst estimates that XYZ's earnings will grow from $3.00 a share to $4.50 per share over the next eight years. The rate of growth in XYZ's earnings is closest to:4.9%5.2%6.7%
Answers
The rate of growth in XYZ's earnings is closest to 5.2%. Therefore, the correct option is option 2.
To find the rate of growth in XYZ's earnings from $3.00 a share to $4.50 per share over the next eight years, we can use the compound annual growth rate (CAGR) formula:
CAGR = (Ending Value / Beginning Value)^(1 / Number of Years) - 1
In this case, the Beginning Value is $3.00, the Ending Value is $4.50, and the Number of Years is 8. Plugging these values into the formula, we get:
CAGR = ($4.50 / $3.00)^(1 / 8) - 1
First, calculate the ratio of the Ending Value to the Beginning Value:
$4.50 / $3.00 = 1.5
Next, raise this ratio to the power of 1/8:
1.5^(1 / 8) = 1.052
Subtract 1 to get the CAGR:
1.052 - 1 = 0.052
Multiply by 100 to express the CAGR as a percentage:
0.052 * 100 = 5.2%
Hence, the rate of growth in XYZ's earnings is closest to 5.2% which corresponds to option 2.
Learn more about CAGR:
https://brainly.com/question/31326621
#SPJ11
Define the following:
1. Allocation of resources
2. Economic system
3. Market economy
Answers
1. Allocation of resources
apportionment of productive assets among different uses.
2. Economic system
by which societies or governments organize and distribute available resources, services, and goods across a geographic region or country.
3. Market economy
an economic system where two forces, known as supply and demand, direct the production of goods and services.
eg: US, Japan
which amounts on the payroll register reduce federal withholding tax but are not deducted for fica tax computations
Answers
The nature of deduction that reduce from federal withholding tax but not deducted for FICA tax computation will be Social Security benefits and medical expenses.
What FICA stands for?The Federal Insurance Contributions Act is referred to as FICA. Employers are required by federal law to pay and deduct specific taxes from the employee earnings they provide.
There were three different taxes must be deducted from an employee's gross wages in accordance with FICA regulations:
6.2 percent of the first $147,000 an employee earns in 2022 will be withheld as Social Security tax.1.45% Medicare tax is deducted from each employee's paycheck.
Employee wages above $200,000 (or $250,000 for joint filers) per calendar year are subject to a 0.9% Medicare surtax.
Therefore, it does not deduct full the medical as well as social security benefits contribution.
To know more about FICA refer:
https://brainly.com/question/14262294
#SPJ1
Question 3 (15 marks) a) "As we look forward to the rest of the twenty first century, it is clear that satisfying the projected needs of an ever-larger world population with the economy we now have is simply not possible. The western economic model - the fossil-fuel-base, automobile-centered throwaway economy - that so dramatically raised living standards for part of humanity during this century is in trouble. Indeed the global economy cannot expand indefinitely." This quote is attributed to Lester R Brown, an eminent American environmental analyst and commentator. Is this view credible? Discuss. (7.5 marks) b) There is a view in certain economic circles that abject poverty can cause poor people to focus on immediate gain thus discarding long-term environmental sustainability. However, this need not be the case. Indicate what approaches society can take to incentivize poor people to behave responsibly toward the environment. (7.5 marks)
Answers
The view expressed by Lester R Brown, an American environmental analyst, that the current western economic model is not capable of satisfying the projected needs of the growing world population and that the global economy cannot expand indefinitely, is credible.
This is supported by various factors:
1. Population Growth: The world population is projected to reach 9.7 billion by 2050, putting immense pressure on resources and the environment.
2. Finite Resources: The current economic model heavily relies on fossil fuels, which are finite and contribute to climate change. Additionally, the throwaway culture promotes excessive consumption and waste generation.
3. Environmental Challenges: The planet is facing environmental challenges such as climate change, deforestation, and depletion of natural resources. These challenges require a shift towards sustainable practices.
b) To incentivize poor people to behave responsibly towards the environment, society can adopt the following approaches:
1. Education and Awareness: Providing information about the importance of environmental sustainability and its long-term benefits can empower individuals to make informed choices.
2. Economic Incentives: Implementing financial mechanisms such as subsidies for sustainable practices, renewable energy, and eco-friendly businesses can encourage responsible behavior.
3. Community Engagement: Encouraging community participation through initiatives like tree planting, waste management, and conservation projects fosters a sense of ownership and responsibility towards the environment.
4. Access to Resources: Ensuring access to clean water, renewable energy, and sustainable agricultural practices can help alleviate poverty while promoting responsible environmental behavior.
In conclusion, Lester R Brown's view is credible, given the challenges posed by population growth, finite resources, and environmental issues. By implementing education, economic incentives, community engagement, and resource access, society can incentivize poor people to behave responsibly towards the environment.
To know more about the population, visit:
https://brainly.com/question/30300842
#SPJ11
NEED ASAP PLEASE
Select the correct text in the passage.
Hussein is writing a response rejecting a customer’s request for a product replacement. Select the text in the passage that shows the reasons he gives for the negative message.
Thank you for writing to us regarding your request for a replacement fan.
To guarantee customer satisfaction, we extend a warranty of 90 days on this product for all our customers. If returned within 90 days, we offer replacements free of charge.
Based on the receipt you attached to your email, we see that you purchased this product 120 days ago. We regret that we are unable to offer a replacement.
As an alternative, we can offer a 20 percent discount on any other product you wish to purchase from our store. We look forward to doing business with you again.
Answers
Answer:
Based on the receipt you attached to your email, we see that you purchased this product 120 days ago. We regret that we are unable to offer a replacement
Explanation:
Hope it helps!
when you buy stocks, you are buying a small percentage of everything owned by the company except their computers, desks, bookshelves, and other material assets. true false
Answers
The statement "when you buy stocks, you are buying a small percentage of everything owned by the company except their computers, desks, bookshelves, and other material assets" is false.
When you purchase shares of stock in a company, you are purchasing a small percentage of the company's ownership. This means that you are entitled to a share of the company's profits, and you have a say in how the company is run at shareholder meetings.
However, you are not buying a small percentage of everything owned by the company except their computers, desks, bookshelves, and other material assets. When you buy stock in a company, you are buying a small percentage of everything owned by the company, including their material assets.
This means that you have a share in the company's assets, which could include things like buildings, equipment, and inventory. Material assets are an important part of a company's value, and they are included in the overall value of the company's shares.
When you buy shares of stock in a company, you are essentially buying a piece of the company's overall value, which includes both tangible (material) and intangible (non-material) assets.
So, the given statement is false. When you buy stocks, you are buying a small percentage of everything owned by the company, including their material assets.
For more such questions on material assets
https://brainly.com/question/14826727
#SPJ4
True or false
the given statements refer to the pricing, economic efficiency, and resource allocation for monopolistically competitive firms. label the statements as being either true or false. each term is used more than once.
statement 1: monopolistically competitive firms will produce where price=marginal revenue=marginal cost in the short run.
statement 2: monopolistically competitive firms are inefficient in their use of resources since they produce at the point where marginal revenue=marginal cost, which means that price>marginal cost in the short run.
statement 3: monopolistically competitive firms will have positive profits even in the long run.
statement 4: monopolistically competitive firms will have demand curves tangent to the left of minimum average total cost. this means that monopolistically competitive firms will not experience economies of scale in the long run
Answers
For the given statements referring to the pricing, economic efficiency, and resource allocation for monopolistically competitive firms.
Statement 1: False
Statement 2: True
Statement 3: False
Statement 4: True
Statement 1: Monopolistically competitive firms will produce only where the marginal revenue equals the marginal cost in the short run.
Statement 2: Monopolistically competitive firms are inefficient in their use of resources since they produce at the point where marginal revenue equals the marginal cost, which means that price>marginal cost in the short run. This is a correct statement.
Statement 3: Monopolistically competitive firms will have positive profits even in the long run. This statement is incorrect. In the long run they will have zero profit due to the no cost entry (free entry) and the exit of firms.
Statement 4: Monopolistically competitive firms will have demand curves tangent to the left of minimum average total cost. This means that monopolistically competitive firms will not experience economies of scale in the long run.
We can learn more about monopolistically competitive firms here:
https://brainly.com/question/17241373#
#SPJ4
Please help I will mark you as brainliest!!
The marketing manager at a company producing laundry products sees great
long-term profits from selling to many consumers worldwide who care about
low prices. Which of the following tactics would best support this manager's
low-price strategy?
A. Develop products with more features than the competition offers
B. Design simple, inexpensive packaging
C. Offer a customer help line for advice in using the products
D. Work with retailers that specialize in speedy checkout and fast
delivery
Answers
The tactics that would best support this manager's low-price strategy is Designing simple, inexpensive packaging. Thus option B is correct.
What is the manager?A manager refers to a person who is responsible head of any project and helps in arranging the resources, checking the progress, and timely completion of it in order to achieve the vision and goal of the organization.
In order to cater to a large number of potential consumers the low pricing strategy is used where the manager focuses on simple and inexpensive designs which help in the affordability of consumers.
Therefore, option B is appropriate.
Learn more about managers, here:
brainly.com/question/29023210
#SPJ1
PO Pte Ltd manufactures kettles. Demand is 750 units a month. Set-up cost is $5,000 and holding cost is $1.50 a unit a month. What is the optimal manufacturing size?
Answers
The optimal manufacturing size (or order quantity) for PO Pte Ltd would be approximately 1,000 units. This quantity minimizes the total cost of ordering and holding inventory based on the given set-up cost and holding cost per unit per month.
To determine the optimal manufacturing size, we need to consider the economic order quantity (EOQ) formula. The EOQ formula calculates the quantity that minimizes the total cost of ordering and holding inventory. The formula is as follows:
EOQ = √((2 * D * S) / H)
Where:
D = Demand per period (in this case, 750 units per month)
S = Set-up cost ($5,000)
H = Holding cost per unit per period ($1.50)
Plugging in the values into the formula:
EOQ = √((2 * 750 * 5000) / (1.50))
EOQ = √(1,500,000 / 1.50)
EOQ = √1,000,000
EOQ ≈ 1,000 units
Therefore, the optimal manufacturing size (or order quantity) for PO Pte Ltd would be approximately 1,000 units. This quantity minimizes the total cost of ordering and holding inventory based on the given set-up cost and holding cost per unit per month.
To learn more about MANUFACTURING click here:
brainly.com/question/14155569
#SPJ11
regarding earnest money deposits, a broker a) must report to the irs the receipt of more than $5,000 in cash. b) must deposit the funds within one business day after receipt. c) may not accept a postdated check under any circumstances, because such instruments are illegal in florida. d) is not responsible if the check fails to clear, provided the broker deposited the check within three business days.
Answers
Earnest money refers to the deposit paid by a buyer to a seller, reflecting the good faith of a buyer in purchasing a home.
When must a broker deposit earnest money?In our market, the escrow business must receive the earnest money deposit three days after the offer is accepted. Although the earnest money deposit could potentially be held by the broker, most brokerages work to keep client money separate from their own. A sort of deposit given by homebuyers to sellers is known as an earnest money deposit, or EMD. EMD is paid by buyers to sellers of real estate and other public and private projects. It is typically a little sum given to the seller as a sign of interest in purchasing real estate. Neither party may hold the earnest money deposit in a dishonest manner. This means that the deposit should be released as soon as feasible in the absence of a legitimate, reasonable demand.To learn more about broker deposit refer to:
https://brainly.com/question/30145335
#SPJ4
silverville in 2008, exports were $200, gdp was $2000, government purchases were $300, imports were $130, and investment was $400. what was sevierville's consumption in 2008?
Answers
Sevierville's consumption in 2008 was $1,530.
What was the total expenditure by Sevierville in 2008?Sevierville's consumption in 2008 can be calculated using the formula:
Consumption = GDP - Government Purchases + Imports - Exports + Investment
Substituting the given values:
Consumption = $2000 - $300 + $130 - $200 + $400
Consumption = $1,530
Therefore, Sevierville's consumption in 2008 was $1,530.
Consumption represents the total expenditure by individuals, households, and businesses on goods and services within an economy. It is an essential component of a country's GDP calculation, reflecting the overall demand for goods and services. In the case of Sevierville in 2008, consumption was determined by subtracting government purchases, exports, imports, and investment from the GDP. These figures provide insights into the economic activity and spending patterns within the city during that year.
Learn more about Sevierville's
brainly.com/question/15709898
#SPJ11
Gravity is a successful and popular ice cream parlor in the community. It sells a variety of soft-serve and hard ice cream flavors. Its main competitor, dairy twist, is also popular. In addition to offering its customers a robust menu of soft-serve and hard ice cream flavors, it offers a menu of local seafood snacks, which customers love. If gravity were to research whether to add similar food items to its menu, what should it do first?.
Answers
if gravity was to research whether to add similar food items to its menu, what it would d first is Acquire the right kind of data to decide whether Gravity should expand its menu or whether customers want them. Option C
This is further explained below.
What is Gravity?Generally, Gravity should gather the right information and conduct the necessary research before deciding whether to add new items to its menu or not.
It should also poll its customers to determine whether they agree.
Careful research must be conducted, and both internal and external environmental factors must be taken into account.
In conclusion, If gravity were to investigate whether or not to add comparable food items to its menu, the first thing that it would do is acquire the appropriate sort of data to determine whether or not gravity should extend its menu and whether or not consumers desire similar food items. Alternative C
Read more about Gravity
https://brainly.com/question/4014727
#SPJ1
100 free hope you do the same
Answers
Answer:
Explanation:
ma boy
Jan's Jams makes a credit sale for $300 with terms of 2/10,n/30. The cost of the merchandise is $200. The required journal entry to record the sale and the cost of the sale is: _________
a) debit Accounts Receivable $200; credit Sales $200;
b) debit Cost of Goods Sold $300; and credit Merchandise Inventory $300
c) debit Accounts Receivable $300; credit Sales $300;
d) debit Cost of Goods Sold $200; and credit Merchandise Inventory $200
e) debit Sales $300 and credit Cost of Goods Sold $300
f) debit Accounts Payable $300; and credit Sales $300
Answers
Answer: debt Accounts receivable $300; credit Sales $300; debit Cost of Goods Sold $200; and credit Merchandise Inventory $200
Explanation: see attachment for more help
The correct options are C and D respectively. The required journal entry to record the sale and the cost of the sale is debit Accounts Receivable $300; credit Sales $300; debit Cost of Goods Sold $200; and credit Merchandise Inventory $200.
What is the difference between accounts payable and accounts receivable?The terms "accounts payable" and "accounts receivable" refer to the same thing. Accounts receivables represent the money that customers owe your company, as opposed to Accounts Payables, which represent the money that your company owes to suppliers.
An's Jams makes a credit sale for $300 with terms of 2/10,n/30. The cost of the merchandise is $200. The following are required journal entries to pass debit Accounts Receivable $300; credit Sales $300; debit Cost of Goods Sold $200; and credit Merchandise Inventory.
Thus, the proper answers are C and D, respectively.
Learn more about accounts payable and accounts receivable here:
https://brainly.com/question/14524931
#SPJ2
Which person would most likely want to invest all of his or her savings in a
hedge fund?
A. A retiree who is most interested in keeping her deposits safe
B. A student who wants his money to grow as quickly as possible
C. A teacher who would like to have a diversified set of investments
D. A doctor who wants to avoid paying taxes on retirement income
SUBMIT
Answers
Answer:
C. A teacher who would like to have a diversified set of investments
uestion 1 (1 point) One way to practice your entrepreneurial skills with a bit of a safety net, perhaps until you discover the business you want to start or build up the savings you need do it, is to find a career that uses the same kind of hustle and drive to get the job done. O True O False uestion 2 (1 point)
Answers
Answer:
true.
Explanation:
Skills (hustle, drive) can be adapted to work within each trade, learning the skills is the work that needs to be done. do the work and the skills will follow. Good sales and customer service can be used in many situations, a key to sales is the alternate close, you give the customer two options, they tend to chose one. This works great socially, hey Friend what restaurant do you want to eat at A or B. You can pick both A and B and your friend gets a choice.
Conider the market for grain in a Wet African nation. Suppoe the United Nation initiate a program to ditribute free grain to houehold in that Wet African nation. The immediate effect of the UN grain ditribution program on houehold and farmer in the Wet African nation would be to
Answers
Distributing the free grains to households in wet African regions by the united nations, it would drive the price up.
What are the objectives of the United Nations?The United States is an international organization made up of 51 states that were founded with the goals of promoting social progress, a greater standard of living, and human rights in addition to preserving world security and peace.
Which three nations don't belong to the UN?Taiwan, Kosovo, and Vatican City are the only three nations in the world that are unable to join the UN. The UN views Taiwan and Serbia as being a component of China and Serbian, respectively, rather than as sovereign states.
To know more about the united nations visit:
https://brainly.com/question/9763405
#SPJ4
Your friend needs money today and can pay you $5,193 in 4 year, $2,805 in 8 years, $7,098 in 11 years and $709 at the end of each quarter starting at the beginning of year 4 and ending at the beginning of year 16. How much would you be willing to lend him today if you both agree that 11.01% interest per year is fair. Assume all interest is compounded quarter. Answer Format: INCLUDE ONLY NUMBERS AND DECIMALS IN YOUR ANSWER. Do not include "\$" "," or any other formatting. Carry interim computations to at least 4 decimals. Enter numerical answers as a positive or negative number rounded to 2 decimal places
Answers
You would be willing to lend your friend $12,753.34 today. To calculate the present value of the cash flows, we need to discount each cash flow back to the present using the given interest rate.
The formula to calculate the present value is:
PV = CF / (1 + r)^n
Where PV is the present value, CF is the cash flow, r is the interest rate, and n is the number of periods.
Calculating the present value for each cash flow:
PV1 = $5,193 / (1 + 0.1101/4)^(44)
PV2 = $2,805 / (1 + 0.1101/4)^(48)
PV3 = $7,098 / (1 + 0.1101/4)^(411)
PV4 = $709 * (1 - 1 / (1 + 0.1101/4)^(416)) / (0.1101/4)
Summing up all the present values:
PV = PV1 + PV2 + PV3 + PV4
Calculating the above equations:
PV1 = $5,193 / (1 + 0.027525)^(16) = $3,147.1895
PV2 = $2,805 / (1 + 0.027525)^(32) = $1,477.0432
PV3 = $7,098 / (1 + 0.027525)^(44) = $2,990.1095
PV4 = $709 * (1 - 1 / (1 + 0.027525)^(64)) / (0.027525) = $5,138.9938
PV = $3,147.1895 + $1,477.0432 + $2,990.1095 + $5,138.9938 = $12,753.336
To learn more about Interest Rate, click here, https://brainly.com/question/28236069
#SPJ11
The buyer of an industrial complex wants the broker to place the earnest money in an interest bearing account. The broker does this, clearly identifying all parties who are to receive the interest and the date the earned interest is to be disbursed. With only the verbal consent of the buyer, he places the money in an insured account in a depository in Florida. When the time comes to disburse the account, the broker will write a check to the buyer for the interest as the buyer agreed. Which statement describing this situation applies?
Answers
Answer:
Explanation:
In this situation, the statement that would best apply would be that the broker does not have the right to ever use an interest-bearing account under Florida Real Estate laws. Since Florida Real Estate laws specifically prohibit a broker from placing a clients money in an interest account then the broker in this scenario is breaking the law and can have his real estate license taken away as well as being fined.
Why is a self-assessment important?
the correct answer is you can use it to organize your interest and experience
Answers
is the lieutenant post bigger than sergeant? pls answer in simple words
Answers
Answer:
yes
Explanation:
beacuse it big u can see it too
Why do you think that agriculture and Forestry related occupation and important? Give reasons?
Answers
Answer:
These careers supply us with a multitude of food products and alternative energies, among many other important resources for sustaining our country and contribution to the world economy.