Answer:
amount of tax saving is $4320
Explanation:
given data
tax deduction = $18000
marginal tax rate = 24%
effective tax rate = 20%
to find out
amount of tax saving
solution
we know tax saving formula that is
tax saving = tax deduction × marginal tax ........................1
so now put here all value in equation 1
tax saving = tax deduction × marginal tax
tax saving = 18000 × 24%
tax saving = 18000 × 0.24
tax saving = 4320
so amount of tax saving is $4320
So first you know that if a is apple pies and b is blueberry that
$460=11a+13b in terms of price and you also know that the number
a+b=38
I solved that for either a or b (I chose a)
So
A=38-b
Them I plugged it in to the money equation to solve for b
460=11(38-b)+13b
460=418-11b+13b
460=418+2b
42=2b
B=21
Therefore you can do 38(total pies)-21(what b equals) to find the apple pies which would be 17 so a=17
Therefore the answer is B (17 apple and 21 blueberry)
Answer:
a. Yes. It is a probability density function because \sum f(x) =1
. b. probability MCC will obtain more than 30 new clients=P(40)+P(50)+P(60)= 0.20+0.35+0.20=0.75
c. probability MCC will obtain fewer than 20 new clients= P(10)= 0.05
d.
x f(x) x*f(x) x*x*f(x)
10 0.05 0.5 5
20 0.1 2 40
30 0.1 3 90
40 0.2 8 320
50 0.35 17.5 875
60 0.2 12 720
1 43 2050
expected value = \sum xf(x) = 43
Variance = 2050-43^2= 201
Explanation:
Answer:
The answer is $138.92
Explanation:
Solution
Given that:
Daryl today's Age = 30
The Retirement Age = 64
The Total Monthly Deposits = ( 64 - 30 ) * 12 = 408
Now,
In case of 12% Compounded Monthly , Interest Rate per month = ( 12% / 12 ) = 1%
Then,
The Effective Interest Rate per year = ( 1 + 0.12/12 )12 - 1 = 1.1268 - 1 = 0.1268 = 12.68%
So,
The Present value of Annual 25 Years withdrawal of $100,000 at time of Retirement = $100,000 * PVAF ( 12.68% , 25 )
= $100,000 * 7.4864
= $748,642.20
The Present Value of Money for nephew at time of Retirement = $1,000,000 * PVF ( 12.68% , 25 )
= $1,000,000 * 0.050535
= $50,534.52
Now
The Present Value of total Amount Required at time of Retirement = $748,642.20 + $50,534.52
= $799,176.70
Now
The monthly deposit be X
Which is,
= X * FVAF ( 408 , 1% ) = $799,176.70
= X * 5752.85 = $799,176.70
X = $138.918
Therefore, Monthly Deposit for his retirement plan is = $138.92
Answer:
Explanation:
The person who spoke says that, if the the brand is very huge, (so also it will have a huge baggage ), by this , the force that will be needed to change its positioning will be high. An example is companies like
Unilever, P&G like to keep all the brands they have differently like Pringles and cornflakes and another example is companies like Hoover found it very hard to convince the world that they were more than vaccum cleaners as a brand.
