Question 5 [1 point} ABC Co. is a large Australian company with aggregated turnover usually more than 50 million dollars per year. .At the end of financial year 2021-22, ABC has $56million net before-tax income. How much is their corporate income tax payable (in million $)? Hint: If your answer is 11.5 million dollars, please input 11.5. rather than 11500000. or $11.5million. or $11500000. You r Answer: E Answer:16.80 Question 6 [1 point} What is the future value of your investment if you invest 4.079 dollars today for next 104 days at a simple interest rate of 9.1% p.a.? Your Answer: :] Answer Answer is: 4184.76 Question 6 (1 point) Nationwide Bank offers a term deposit paying 11% interest (compounded annually). If you deposit $7,009, how much will you have at the end of year 3? Your Answer: Answer:9585.73Question 6 0 / 1 point Steve has deposited 5,026 dollars in an account which pays simple interest. The deposit is mature in 8 months and Steve receives 5,131 dollars at maturity. How much is the interest rate of Steve's account? Hint: if your answer is 5.14%, please input as 5.14, rather than 0.0514, or 5.14%, or 5.14 per cent. Answer is 3.13.Question 7 1.5 l 1.5 min Sally's assessable income for 2021/22 is $1,16900. She has $666 allowable deduction. How much is Sally's individual income tax payable? Taxable Income Tax on this income 0 - $18,200 0 $18,201 - $45,000 19c for each $1 over $18,200 $45,001 - $120,000 $5,092 plus 32.5c for each $1 over $45,000 $120,001 - $180,000 $29,467 plus 37c for each $1 over $120,000 $180,001 and over $51,667 plus 45c for each $1 over $180,000 Answer: 28,243.05 V Question 7 (15 points) Sally's assessable income for 2021/22 is $212000. She has $2,062 allowable deduction. How much is Sally's individual income tax payable? Taxable Income Tax on this income 0 - $18,200 0 $18,201 - $45,000 19c for each $1 over $13,200 $45,001 - $120,000 $5,092 plus 32.5c for each $1 over $45,000 $120,001 - $180,000 $29,467 plus 37c for each $1 over $120,000 $180,001 and over $51,667 plus 45c for each $1 over $180,000 Your Answer: l: Answer Answer is 65,139.10