If you have $100 in savings and deposit $500 at the end of year 1, add...

 

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If you have $100 in savings and deposit $500 at the end of year 1, add $750 at the end of year and add $1000 at the end of year 3, how much will you have in total if the interest rate in year 1 was 4%, year 2 was 5% and year 3 was 6% (all compounded annually) (round your answer) Mr. K arrived at the following tax information: Gross Salary Interest Earnings Eligible dividend income Basic personal amount Union dues Moving expense (50 km for employment) Dividend Gross up Rate $49,300 $590 $170 $3,650 $8,020 $1,850 38% What amount will Franklin report as taxable income? (Round your answer to the nearest dollar amount. Omit the "$" sign in your answer.) If you have $100 in savings and deposit $500 at the end of year 1, add $750 at the end of year and add $1000 at the end of year 3, how much will you have in total if the interest rate in year 1 was 4%, year 2 was 5% and year 3 was 6% (all compounded annually) (round your answer) Mr. K arrived at the following tax information: Gross Salary Interest Earnings Eligible dividend income Basic personal amount Union dues Moving expense (50 km for employment) Dividend Gross up Rate $49,300 $590 $170 $3,650 $8,020 $1,850 38% What amount will Franklin report as taxable income? (Round your answer to the nearest dollar amount. Omit the "$" sign in your answer.)

Answer rating: 100% (QA)

To calculate the taxable income we need to consider the various components of income and deductions ... View the full answer