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For the loan below, calculate principal interest portion of the payment listed in the last column.
Amortization
Payment
Nominal
Pricipal/Interest
Original
period
interval
rate (%)
portion of
Principal ($)
(years)
monthly
12% compounded monthly
Payment #
30,000
10
99
2. What will be the balance in 25 years of an investment plan that requires year-end contribution of $1000 for 25 years if it earns 7.5% compounded annually for the first 10 years and 8% compounded annually thereafter?
3. If Hans contributes $1500 to his rrsp on February 1, 1990 and every 6 months thereafter up to and including February 1, 2017, what amount will he accumulate in the RRSP by August 1, 2017? Assume that the RRSP will earn 8.5% compounded semi-annually. How much of the total will be interest?
Sales tax, as compared to VAT is the percentage of revenue imposed on the retail sale of goods. Unlike VAT, sales tax is levied on the entire value of goods and services purchased.
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The XYZ Corporation has total earnings of $20 million and decides to pay its stockholders a dividend of $8 million. If the corporate tax rate is 30% and the personal tax rate on in
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Ask qmanaging dicrete assignmentuestion #Minimum 100 words accepted#
John and Ellen Brite are married and file a joint return. John owns an unincorporated specialty electrical lightning retail store, Brite-On had the following assets on January 1, 2
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