--------------------------------------------------------------------------------------- BUSN 380 Week 2 Quiz Set 1 FOR MORE CLASSES VISIT www. busn380study. com
5. What is the annual opportunity cost of a checking account that requires a $ 350 minimum balance to avoid service charges? Assume an interest rate of 6.5 percent.
--------------------------------------------------------------------------------------- BUSN 380 Week 2 Quiz Set 1 FOR MORE CLASSES VISIT www. busn380study. com
Question 1. 1.( TCO 2) This type of tax is assessed on specific goods and services at the time of purchase.
Estate Inheritance Excise General sales Value added
Question 2. 2.( TCO 2) Interest earnings of $ 2,400 from a taxable investment for a person in a 28 % tax bracket would result in after-tax earnings of
$ 672. $ 1,728. $ 2,400. $ 3,333. $ 8,571.