A ten-year annuity pays $100 each year. The market discounts it at a yield of 5%. Which of the following changes will cause its present value to increase? Choose two
a) An increase in its maturity to eleven years
b) An increase in yield to 6%
c) An increase in cash flow to $110
Answer:
a) An increase in its maturity to eleven years
c) An increase in cash flow to $110
Business
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A) n-way ANOVA B) one-way ANOVA C) ANCOVA D) regression
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Monica is a maid in a San Francisco hotel. Monica received $500 in unreported tips during 2016 and owes Social Security and Medicare taxes on these tips. Her total income for the year, including tips, is $4,500 . Is Monica required to file an income tax return for 2016?
Why?
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