Answer:
The amount to be paid for the contract today = $220,908.32
Explanation:
<em>The amount to be paid for the contract today will be equal to the present value of the annuity of $22,500 payable for 20 years discounted at a rate of 8% per annum.</em>
Present Value = A ×( 1 - (1+r)^(-n))/r
A- 22,500, r- rate of return - 8%, n -no of years 20 years
PV = 22,500 ×( 1-(1.08)^(-20) )/ 0.08
PV = 22,500 ×9.8181
PV = $220,908.32
The amount to be paid for the contract today = $220,908.32
Karen is prospecting, which does occur within the larger category of preapproach. She is actively identify prospective customers to differentiate those who would most likely to buy her product, but she has yet to carry out interactions, she is still organizing her ideas and identifying her likely customers, but not actively engaging with a presentation or approach, as such this is prospecting.
Answer:
b.0.22
Explanation:
Return on investment (ROI) = Operating income/ Beginning Operating Asset = $ 92,000/ $440,000 = 0.22
<span>The current state of the US economy is in growing strength with respects to the former cabinet. Globalization is affecting the US economy. Primarily through technology and social feeds. We are in the information Era. As far as jobs, off shoring in our economy was once always a viable option. Now that we have a president who insists on the "American Made" branding has emboldened some companies to minimize their operations abroad and increase facilities at home. I work on software, and my job requires me to be in a wireless world. It is hard to compete with companies who hire third party IT hosts in other countries because it is simply cheaper. But, I find other means for work.</span>
<u>Solution and Explanation:</u>
As per the income tax, if the income of a single taxpayer lies in the range of $65000 and $80000, the taxpayer is elgibile for a prtial deduction on his/her education on loan interest.
The partial interest deduction amount is calculated as follows:
Partial interest deduction allowed = 
= $320
Therefore, the allowed interest deduction in this case is $320.
