Opal earned 6% in her savings account

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WebOpal earned 8% in her savings account. If she is in the 25% tax bracket, what is her after- tax savings rate of return? C. 6% After-tax rate = Return (1 - tax rate) = 8% (1 - .25) = .06 = 6% C. 6 % After-tax rate = Return ( 1 - tax rate ) = 8 % ( 1 - .25 ) = .06 = 6 % 109. Evan had three accounts as listed below. WebStudy with Quizlet and memorize flashcards containing terms like The rising or falling of prices that causes changes in buying power is referred to as _____ risk, The major …

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WebYour account has an annual interest rate of 2%, compounded monthly. This means that, each month, you'll earn about 0.167% (which is 2% divided by 12 months) on your balance. This includes any interest paid in the previous months. After one month, you have $100 in your account and will earn only $0.17 interest on that balance ($100 x 0.167%). WebStudy with Quizlet and memorize flashcards containing terms like Common payment choices for everyday activities include all of the following except A. Cash. B. Check. C. Credit … software for listening to cell phones

Solved Opal earned 10.0% in her savings account. If she is

WebA woman deposited $10,000 into an account at her credit union. The money was left on deposit for 10 years. During the first 5 years, the woman earned 9% interest, compounded monthly. The credit union then changed its interest policy; as a result, in the second 5 years the woman earned 6% interest, compounded quarterly. WebShe already has $100 in her savings account, and the phone costs $400. If Amanda has $200 in her savings account after cleaning out the garage, ... you invested 100 dollars and earned 6% simple interest? a. $18 b. $100 c. $106 d. $118 2. Which form of interest provides the greater return? a. simple b. compound c. complex d. fragment ... Web14 de out. de 2024 · Say you have a savings account with $10,000 that earns 2% interest per year. Expressed as a decimal, the interest rate is 0.02, so the formula would be: … slow fill toilet

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WebThis can be determined by. Adding up basic monthly expenses and subtracting this total from take-home pay, plus figuring out what to give up to make the monthly loan … WebTool to analyze any linked checking account for safe-to-save money: Yes - Surprise Savings Annual Percentage Yield 3.75% Advantage Savings monthly maintenance fees $8 minimum opening deposit $100 Tool to organize your savings—no additional account required: Yes Tool to analyze any linked checking account for safe-to-save money: No slow financial independenceWeb1 de abr. de 2024 · If you got an average 6% return the following year, it means your investment would be worth $11,236. Over the years, that money can really add up: If you kept that money in a retirement account... slow filter flow betta

"WebOpal earned 6% in her savings account.If she is in the 25% tax bracket,what is her after-tax savings rate of return? A) 2% B) 2.5% C) 4.5% D) 5% E) 25%. Choose question tag. … " - Opal earned 6% in her savings account

Opal earned 6% in her savings account

[Solved] Sally deposited $100 a month in her savin SolutionInn

WebThis problem has been solved! You'll get a detailed solution from a subject matter expert that helps you learn core concepts. See Answer. Question: Judi earned 6% in her … WebSally deposited $100 a month in her savings account for 24 months. For the next five years she made no deposits. What is the future worth in Sally's account at the end of seven years if the account earned 6% interest annually, compounded monthly? Expert Answer 100% (2 ratings) Amount deposited for 24 months = $100 Rate of … View the full answer

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Web2,735,100. Assume the apparel industry average rate earned on total assets is 8.0%, and the average rate earned on stockholders’ equity is 10.0% for the year ended April 2, … Web1 de ago. de 2024 · "If I'm gonna get that free money, I might as well just contribute the 6%," she says. Over time, she began to contribute closer to the IRS's maximum limit — in 2024, contributions are capped at...

WebQuestion: Opal earned 10.0% in her savings account. If she is in the 28% tax bracket, what is her after-tax savings rate of return? (Round your answer to 2 decimals.) Multiple … Web24 de jan. de 2024 · Sally deposited $100 a month in her savings account for 24 months. For the next 5 years she made no. Ans : Given the sally deposited $100 a month in her savings account for 24 months are 6% annual interest compounded monthly =... Posted one year ago Q: Sally deposited $100 a month in her savings account for 24 months.

WebWhat is the future worth in Sally's savings account at the end of the 7 years, if the account earned 6% annual interest, compounded monthly? This problem has been solved! See the answer Do you need an answer to a question different from the above? Ask your question! Answer P = $100 (P/A, 18%, 10) + $… View the full answer Related Book For WebTimothy Carter has net monthly income of $3,800. He has a monthly auto loan payment of $350, a student loan payment of $150, a mortgage payment of $1,200, and a credit card …

Web1 de abr. de 2024 · We started with $10,000 and ended up with $3,498 in interest after 10 years in an account with a 3% annual yield. But by depositing an additional $100 each …

software for logitech 1100 and macWebASK AN EXPERT. Business Finance Michelle’s savings account earns 6% interest which is compounded semi-annually. For four years, she did not deposit or withdraw any money. Her account now has $633.39 in it. how much was initially deposited into the account. Michelle’s savings account earns 6% interest which is compounded semi-annually. slow finderWeb17 de fev. de 2015 · The maximum balance increases monthly by £250, which means if you deposit £50 in month one, you could add £450 in month two. If you have one HSBC's Advance Account you'll be eligible for a 6... software for logitech brioWebA small business charges 4% quarterly on the unpaid balance in its credit card accounts. The effective interest rate is approximately. An engineer deposits $500 semiannually in his savings account for 5 years at 8% interest compounded semiannually. Then, for 6 years he makes no deposits or withdrawals. slow filtrationWeb11 de fev. de 2024 · Top-pick savings accounts. Easy-access savings: allows withdrawals. Chip – 3.55%. Notice savings: give notice to withdraw. Market Harborough – 4% for 180 days. Cynergy Bank – 3.65% for 120 days. Fixed-term accounts: must lock cash away. Allica Bank – 4.1% for six months. Secure Trust Bank – 4.15% for nine months. slow fineWeb25 de jul. de 2024 · 9- Sally deposited $250 a month in her savings account for 36 months. For the next 6 years she 2 made no deposits. What is the future worth in Sally's savings account at the end of the 9 years, A if the account earned 2% annual interest,... software for llc tax returnWeb20 de nov. de 2024 · Q: Sally deposited $100 a month in her savings account for 24 months. For the next 5 years she made no. Ans : Given the sally deposited $100 a month in her savings account for 24 months are 6% annual interest compounded monthly =... Posted one year ago Q: This problem has been solved! slow finishers