subject
Business, 19.09.2019 00:00 babydani11

Jake's parents were able to save $60,000 for his college tuition by the time jake graduated from high school. jake is trying to determine if he needs to work part time to make up any differences in his tuition over the next four years. he is currently estimating that tuition will be $18,000 per year, and he can earn eight percent on the balances remaining at the end of each year. how much will jake be able to withdraw each year for his college tuition if he withdraws an equal amount each year for four years? (use exhibit 1-d and round your answer to the nearest dollar amount.)

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 20:20
Avx home entertainment, inc., recently began a “no-hassles” return policy. a sample of 500 customers who recently returned items showed 400 thought the policy was fair, 32 thought it took too long to complete the transaction, and the rest had no opinion. on the basis of this information, make an inference about customer reaction to the new policy. (round your answers to 1 decimal place.)
Answers: 3
question
Business, 21.06.2019 21:10
Strawberry plants reproduce by
Answers: 1
question
Business, 22.06.2019 02:00
Benton company (bc), a calendar year entity, has one owner, who is in the 37% federal income tax bracket (any net capital gains or dividends would be taxed at a 20% rate). bc's gross income is $395,000, and its ordinary trade or business deductions are $245,000. ignore the standard deduction (or itemized deductions) and the deduction for qualified business income. if required, round computations to the nearest dollar. a. bc is operated as a proprietorship, and the owner withdraws $100,000 for personal use. bc's taxable income for the current year is $ , and the tax liability associated with the income from the sole proprietorship is $ . b. bc is operated as a c corporation, pays out $100,000 as salary, and pays no dividends to its shareholder. bc's taxable income for the current year is $ , and bc's tax liability is $ . the shareholder's tax liability is $ . c. bc is operated as a c corporation and pays out no salary or dividends to its shareholder. bc's taxable income for the current year is $ , and bc's tax liability is $ . d. bc is operated as a c corporation, pays out $100,000 as salary, and pays out the remainder of its earnings as dividends. bc's taxable income for the current year is $ , and bc's tax liability is $ .
Answers: 2
question
Business, 22.06.2019 07:30
Awell-written business plan can improve your chances of getting funding and give you more free time. improved logistics. greater negotiating power.
Answers: 1
You know the right answer?
Jake's parents were able to save $60,000 for his college tuition by the time jake graduated from hig...
Questions
question
Biology, 24.06.2019 16:40
question
Mathematics, 24.06.2019 16:40
Questions on the website: 13722367