Lionel is an unmarried law student at State University Law School, a qualified educational institution. This year Lionel borrowed $24,000 from County Bank and paid interest of $1,440. Lionel used the loan proceeds to pay his law school tuition. Calculate the amounts Lionel can deduct for interest on higher education loans under the following circumstances:
Lionel's AGI before deducting interest on higher-education loans is $50,000. What is the deductible Interest Expense?
Lionel's AGI before deducting interest on higher-education loans is $74,000. What is the Deductible Interest Expense?
Lionel's AGI before deducting interest on higher-education loans is $90,000. What is the Deductible Interest Expense?
In: Accounting
Given the following specification, design a class diagram using PlantUML. To design the class diagram, use abstract, static, package, namespace, association, and generalization on PlantUML
Specification:
In: Computer Science
Among a simple random sample of 322 American adults who do not have a four-year college degree and are not currently enrolled in school, 145 said they decided not to go to college because they could not afford school.
1. Calculate a 99% confidence interval for the proportion of Americans who decide to not go to college because they cannot afford it, and interpret the interval in context. Round to 4 decimal places.
( , )
2. Suppose we wanted the margin of error for the 99% confidence level to be about 3.25%. What is the smallest sample size we could take to achieve this? Note: For consistency's sake, round your z* value to 3 decimal places before calculating the necessary sample size.
Choose n =
In: Math
After reading about Transactional Analysis, Reality Therapy, Adlerian and Person-Centered groups, discuss which group theory you would find most fitting for the following scenario:
You are working as a school social worker and are planning to organize a group address bullying. You are hoping that the group can focus on prevention and plan to begin with a group of first graders. You have screened the first-grade class and selected the students you believe are most passive and the least likely to report being picked on in school.
In explaining your choice, be sure to explain why you think this theory would work best and which aspects of the philosophy, leader role and outcomes would apply in this scenario.
In: Psychology
Crazy Computer Store sells a back-to-school bundle that consists of a laptop computer, printer, and tablet to a customer for $2,400. Crazy Computer also sells the products on a stand-alone basis for the following amounts: the laptop for $1,800, the printer for $350, and the tablet for $500. The customer receives a $250 discount for buying the three products as a bundle. Crazy Computer normally sells the laptop and printer as a package for a price of $1,900. The tablet is normally not discounted.
Required:
| 1. | How should the transaction price be allocated among the products? |
| 2. | Prepare the journal entry when Crazy sells a back-to-school bundle for cash. |
How should the transaction price be allocated among the products?
| Laptop | $____ |
| Printer | $____ |
| Tablet | $____ |
In: Accounting
1-Pick a specific item of clothing (not shoes, not bags, not cosmetics) that you regularly purchase. Then identify four factors that would cause your individual demand for that item to shift in and four other factors that would cause your demand for the same item to shift out.Be specific.
2-Consider very specific products. that you typically purchase.
a) When should the government regulate prices in specific product markets and when should we let supply & demand do their job? (Don't get bogged down in "big issues" such as income distribution or product safety or macro issues)
Think of a product like skirts or blouses. Should the government give out free skirts or blouses to all, or should they be sold in stores? Should the price be kept down by the government, so everyone can afford them? Be sure to justify your answer.
b) Consider the product called 'education.' Why is public school on the elementary and high school level "free" but you need to pay (use supply and demand) for college?.
Hint: Consider/cite specific examples. For example, do we use supply and demand within the family unit? Regulation of housing/construction markets? School vouchers?
In: Economics
According to the USDA Economic Research Center (Links to an external site.), "Any student in a participating school can get an NSLP lunch regardless of the student's household income." Using the Kids Count data provided, calculate regression analyses with scatter diagrams and trendlines in Excel, and compare the differences and similarities between children with at least one parent unemployed and children from low-income working families. One regression analysis will compare total public school students receiving free or reduced price lunches in Indiana with at least one parent unemployed and the other regression analysis will compare total public school students receiving free or reduced price lunches in Indiana with children from low-income working families. Both worksheets should show a Summary Output to include multiple R, R square, adjusted R square, standard error, and number of observations. In addition, include ANOVA calculations and the residual output.
Do you see a trend and if so, what is it? What does the data suggest about working or not working and the influence on student free/reduced lunches? How does Community Eligibility Provision (CEP) potentially impact future data sets?
In: Statistics and Probability
QUESTION 4 (UNIT 2)
a) Why does money have a time value? Does inflation have anything
to do with making a ringgit today worth more than a ringgit
tomorrow?
b) Discuss the present value of an annuity due with an
example.
c) If your parents deposited RM15,000 into an account for you when
you were born as part of a college savings fund and that count is
earning 10% annually, how much will you have in your college
savings fund on your 18th birthday?
BBF302/05 FINANCIAL MANAGEMENT AND ANALYSIS
JULY 2020
ASSIGNMENT 1
Page 5 of 5
d) You have a long-term goal of paying off your school loans in
five years. You will graduate with a loan debt of RM20,000 and an
interest rate of 6%. How much will you need to pay each month to
have the debt paid off in five years?
e) Christina plans to contribute RM1,200 a year to her niece’s
college education. Her niece will graduate from high school in 10
years. If the interest rate is 6%, how much money does Christina
need to save for her by the time she graduates from high
school?
-
In: Finance
While middle childhood is the developmental period centered on the child’s growing inclusion in the wider social world, school-age children are also able to participate more fully in the responsibilities of family life. To earn credit for this post, please respond to the following questions:
1. Imagine that you are the parent of a 7-year-old child. What household tasks would you assign to your 7-year-old son? What household tasks would you assign to your 7-year-old daughter?
2. How might the school child’s responsibilities at home affect his or her ability to cope with everyday problems in adolescence and adulthood—for better or for worse?
3. How often are these tasks performed (or how much time do they take)?
4. What tasks do you think would be appropriate for an 11-year-old son and for an 11-year-old daughter?
5. How often are these tasks performed (or how much time do they take)?
6. In your hypothetical family (indicate the number of members and their ages), how are the decisions made about the division of household responsibilities?
7. If you can remember them, describe your own responsibilities at home during the school years.
In: Psychology
Q1- Identify each of the following statistics as either descriptive or inferential. For each, give a reason to support your response.
1 The average age of students in our statistics class is 20 years old.
2 The average age of undergraduate students in the CUNY system is 20 years old.
3 Seventy-three percent of sixth-graders have cell-phones.
4 The salary of LeBron James is greater than the average salary of his teammates.
5 Eighteen of the twenty three eighth-graders in Mr. Robson's algebra class have smart phones.
6 Less than 50% of all american households have two televisions.
Q2- Classify the following data as nominal, ordinal, interval or ratio. For each, give a reason to support your response.
1 Date of high-school graduation
2 The numbers on the Lakers' jerseys
3 Ranking of the planets by distance from sun
4 Distance of planets from sun
5 Height of children in an elementary school
6 Waiting number at DMV
7 Year at high-school
8 Weight of chickens at a poultry farm
9 Longitude of stars in the night sky
10 Social security number
In: Math