Business finance answer 3 questions

  

1. By going to Money Chimp, you can either enter your own information or calculate a married couple filing jointly that makes $62,000. In the textbox section of the assignment link, record what amount you used (either $62,000 or your taxable income), the tax amount, “as a percentage of income,” and the tax bracket. You must have 4 numbers in your submission.

  

2.Use Time Value of Money (financial calculator or Excel) to answer the following prompt: 

I owe $5,000 in taxes. I have to make 12 monthly payments at 18%. Calculate what the monthly payment would be. Please make sure that you show your inputs and round 2 decimal points.

  

3. In your reading, you discovered that everyone has the option to take the standard deduction or itemize their deductions. Assume someone (age 35) is married. Combined, they make $50,000, and own a house on which they owe $100,000. They give 10% of their income to charity, pay 6% interest on their mortgage (they have an interest-only loan and have made no principal reductions), and had $3,200 in medical expenses. Would they be better off to use the standard deduction or itemize? Read the information in your notes and look at the information at http://www.bankrate.com/finance/taxes/standard-or-itemized-tax-deduction.aspx to decide. Please compare the actual standard deduction that they can deduct versus the itemizations that they can deduct from the given information. Whichever amount is higher is the one that you would want to use, as that will lower the tax amount.







Calculate Your Essay Price
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Order your essay today and save 10% with the coupon code: best10