Annuity payment-includible in a gross income

Assignment Help Accounting Basics
Reference no: EM13121256

How would I calculate an annuity contract that pays $800 per month. The annuity cost $60,000 and it has an expected return of $100,000. How much of each monthly annuity payment is includible in a gross income?

Reference no: EM13121256

Questions Cloud

Find the probability that a male resident who was diagnosed : Find the probability that a male resident who was newly diagnosed with AIDS in 1998 contracted it via homosexual contact. Find the probability that a female resident who was newly diagnosed with AIDS in 1998 contracted it via intravenous drug use.
Bacteria synthesize for nucleotides using which pathway : Bacteria synthesize ribose for nucleotides using which pathway?
Determine value of ending inventory if the sales value : Determine value of ending inventory if the sales value at splitoff method is used for product costing. Round to 3 decimal places when necessary.
How much money allocated for investment in ratio : Suppose that $126,000 is to be allocated for advertising, research, and investment in the ratio 10:4:2. How much money will be allocated for each?
Annuity payment-includible in a gross income : How would I calculate an annuity contract that pays $800 per month. The annuity cost $60,000 and it has an expected return of $100,000. How much of each monthly annuity payment is includible in a gross income?
What molecule serves as the way of entry for lipid-derived : What molecule serves as the way of entry for lipid-derived fatty acids in the TCA cycle?
Parabolas and quadratic functions word problems : The formula h(s) = -32s2 + 400s + 8 models a rocket's height, h, in feet, s seconds after launching. Find the height, h(s), five seconds after launch.
Complex solution to quadratic equation : Find the complex solution to this quadratic equation: x^2 + 6x + 10 = 0.
Develop a joint probability table and show : Develop a joint probability table and show the marginal probabilities. What is the probability of a household whose income exceeds $40,000 and who rejects the offer?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd