Annual rate of return for investment
Samuel Johnson invested in gold U.S. coins ten years ago, paying $216.53 for one-ounce gold "double eagle" coins. He could sell these coins for $734 today. What was his annual rate of return for this investment?
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What amount relating to the policy (if any) must be included in Femi's Gross Income for the year (assume Femi was covered for all twelve months)?
Supply has increased more rapidly than demand? In which of the three cases, if any, do you think that demand has increased more rapidly than supply? Explain your reasoning.
What amount of the annuity payments may be excluded from Jennifer's Gross Income for 2013 (assume all 12 monthly payments are made in 2013)?
Mary Lou took a $7,000 distribution from her educational savings account and used $6,500 to pay for qualified higher education expenses. On the date of the distribution, her educational savings account had a $28,000 balance including the $21,000 s
"When a person has an absolute advantage in producing a good, the person necessarily has a lower opportunity cost of producing it." Is this assertion true or false? Explain your answer.
Compute the largest tax deduction possible in 2013 for the equipment (consider the Section 179 election, Bonus Depreciation, and MACRS, if applicable):
What amount should Margo deduct as an itemized deduction for state income taxes on her 2012 federal income tax return, assuming she elects to deduct state and local income taxes?
If all her time is devoted to clothing and they still want more, then Bill can help with clothing production. What does the household production possibilities frontier look like now?
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