Which of these situations would follow the general rule for basis of inherited property?
Louis died on August 12, 2019, leaving his house to his sister, Etty.
On August 15, 2018, Leroy gave his brother Ralph appreciated stock. Leroy's brother Ralph died on February 16, 2019. Ralph's only heir was Leroy.
Mick died on June 30, 2019. He named his brother Emmett as the beneficiary of his 401(k) plan.
Janet died on January 1, 2019. At that time, she had an IRA with a balance of $32,640. She named her daughter, Emily, as the beneficiary of her IRA.
Amon the following situation 2 cases follow the general rule for basis of inherited property
Given , Statements of inheritance.
1. Louis died on August 12. 2019 leaving his house to his sister, Etty.
This is a case of inheritance of property as it justifies conditions of the definition of Inheritance of Property i.e Louis died and as a consequence his property is transferred to his sister which is her relative as per law. So, this is a valid case of inheritance. Even a person can transfer his property to some unrelated person, if he so mentions in his will.2. On August 15, 2018, Leroy give his brother Ralph appreciated stock. Leroy's brother died on February 16, 2019, Ralph's only heir was Leroy.
In this case, transfer of stock from Leroy to Ralph is outside the definition of inheritance, since Leroy was not died at that time. On second instance, when stock was transferred to Leroy after Ralph death in February 2019. It is a case of inheritance but it is the case of inheritance of stock, not inheritance of property. Stock of a company is not considered a property.3.Mick died on June 30, 2019. He named his brother Emmett as the beneficiary of his 401(k) plan.
A 401(k) plan is a retirement savings account that allows an employee to divert a portion of his or her salary into long-term investments. The employer may match the employee's contribution up to a limit.This is also a case of inheritance but not the case of inheritence of property. Retirement Savings account is not considered as property.
4.Janet died January 1, 2019. At that time, she had a IRA with balance of $32640. She named her daughter, Emily, as the beneficiary of her IRA.
This is also a case of inheritance but not the case of inheritence of property. IRA (Individual Retirement Account) is not considered as property.Know more about inheritance of property,
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Solve for y:
76y = 19
A. y = 4
B. y = 2/3
C. y = 1/4
D. y = 38
Answer:
C. y=1/4
Step-by-step explanation:
76y=19
y=19/76
7=.25 or 1/4
Answer:
Hi! The correct answer is C. y = 1/4
Step by step explanation:
Divide each term by 76 and simplify.
On Wednesday, how many total kilograms of flour were prodľiced at plant #1 and
plant #2 combined?
Answer:
110,000 kg
Step-by-step explanation:
Just look at the kilos of flour produced on Wednesday from both plants and add them together :)
Find the equation of the given line.
Answer:
y=2/3x+1
Step-by-step explanation:
m= (slope)
b= (y-intercept
Marcus rolled a number cube and recorded his results in the table. What is the experimental probability that the next roll is a five? Round your answer to the nearest whole percent.
Answer:
The probability is 13.33%
Step-by-step explanation:
Probability
The probability of an outcome is defined as the frequency of the number of times the outcome occurs (f) relative to the number of times that it could have occurred (n).
The formula to calculate the probability is:
[tex]\displaystyle P=\frac{f}{n}[/tex]
Marcus rolled a number cube and the results are recorded in a table where it can be noted that the number five rolled f=24 times. The total number of trials is n=30+45+30+28+24+23=180.
The probability that the next roll is a five is:
[tex]\displaystyle P=\frac{24}{180}[/tex]
Simplifying:
[tex]\displaystyle P=\frac{24}{180}[/tex]
[tex]\displaystyle P=\frac{2}{15}[/tex]
Dividing:
[tex]\displaystyle P=0.1333 = 13.33\%[/tex]
The probability is 13.33%
11. Twyla and Tony have a 30/5 balloon mortgage for $389,900 with a rate of 4.85%. How much will they pay in interest over the life of the loan? (3 points)
O $81,373.41
$92,263.82
O $107,536.50
O $121,390.73
Answer:
Explanation:
Twyla and Tony with a balloon mortgage of 30/5 will make constant payments over the space of 5 years and then complete the bulk balloon payment for 25 years remaining.
Given mortgage loan value of $389900
Interest rate of 4.85%
We are asked to calculate the interest over the life of the loan.
We will calculate interest by calculating constant payments over the period of 5 years before balloon payment is due and adding them together then subtracting the mortgage loan given $389900
Formula for constant payments :
A= P×r×r(1+r)^n/(1+r)^n-1
Where A= constant/monthly payments
r= interest rate on the mortgage loan
n= number of payments = 30×12= 360
P= mortgage loan given
A= $389900×0.0485×0.0485(1+0.0485)^360/(1+0.0485)^360-1
=$389900×0.0485×1231340.79/25388468.94
=$389900×0.0485×0.04850
A= $917.142
Payment for five years(with interest)= $917.142×60= $55028.52
Calculate balloon payment:
FV= PV(1+r)^n - P((1+r)^n-1/r)
Where FV= future value of balloon payment
PV= initial loan given
r= interest rate on loan
n= number of payments
P= monthly payments
Substitute:
FV= $389900(1+0.0485/12)^60-917.142((1+0.0485/12)^60-1/0.0485/12)
=$389900×1.2738-917.142(0.2738/0.004041)
=$389900×1.2738-917.142×67.756
= 496654.62-62141.87
FV = $434512.75
Therefore total payment made with interest over the life of the loan= balloon payment+ constant payments for five years= $434512.75+$55028.52
=
Please answer this correctly without making mistakes I want ace expert and genius people to answer this correctly correctly without making mistakes
Answer:
648 cups, 3 fluid ounces
Step-by-step explanation:
You need to know that 1 cup = 8 fluid ounces (fl. oz).
convert to fl. oz:
1296 cups = 10368 fl.oz.
total fl.oz. = 10368+6 = 10374
10374 / 2 = 5187 fl.oz.
= 648 cups and 3 fluid ounces
the diameter of a gigantic Ferris wheel is 185 meters. if a man rides a ferris wheel for one revolution find how far he travels give the exact answer and the approximation using 3.14 for pi
Answer:
Step-by-step explanation:
You need to find out the circumference of the Ferris wheel
C=d*3.14=185*3.14=580.90 m
if JK is the midsegment of triangle GHI, find x
Answer:
C. 11
Step-by-step explanation:
Since JK is a midsegment of ∆GHI, therefore, based in the midsegment theorem:
JK = ½(HI)
HI = 22
Therefore,
JK = ½(22)
JK = 11
Simplify: x^2-16/x-4 What does the given expression simplify to? What is the excluded value of x for the given expression?
Step-by-step explanation:
Difference of Squares: a² - b² = (a + b)(a - b)
(x² - 16) / (x - 4)
= [(x + 4)(x - 4)] / (x - 4)
= x + 4, where x =/= 4.
Answer:
1. (x+4)
2. 4
Step-by-step explanation:
got right on edge
PLEASEE HELPP IM DESPERATE I’LL GIVE BRAINLIEST TO WHOEVER ANSWERS FIRST CORRECTLY
The function below has at least one rational zero. Use this fact to find ALL zeros of the function.
g(x)=5x^3+x^2-20^x-4
If there is more than one zero, separate them with commas. Write exact values, not decimal approximations.
Answer:
x = 2, -2, -1/5
Step-by-step explanation:
g(x)= 5x^3+x^2-20x-4
g(x)= x^2(5x+1)-4(5x+1)
g(x)=(x^2-4)(5x+1)
g(x)=(x-2)(x+2)(5x+1)
x-2=0
x= 2
x+2=0
x= -2
5x+1=0
x= -1/5
solve for x
19.
20.
21.
22.
23.
24.
Answer:
I hope I helped sorry l didn't understand question number 19
Steven wants to buy a couch that costs $475. He has already saved $120. He plans to save $25 a week.
Enter a function to represent the amount Steven will have saved in x weeks. Will he have enough to buy
the couch in 10 weeks? Complete the explanation.
Answer:
f(x)=25x+120. f(10)=370
Answer:
Step-by-step explanation:
f(10)= Which Is 25. This means that he will have saved $250 in 10 weeks. The couch costs $475 whis is $225 more than $250
The price of an item has been reduced by 60%. The original price was $52
28 decreased by 2.6%
Answer:
Please check the explanation.
Step-by-step explanation:
Given
28 decreased by 2.6%First we need to determine the percentage decrease such as:
Percentage decrease = 2.6% of 28
= 2.6/100 × 28
= 0.026 × 28
= 0.73
New value can be determined using the formula
New vaue = 28 - percentage decrease
= 28 - 0.73
= 27.27
Select the correct answer.
Find the solution(s) for x in the equation below.
A. x = -5
B. no solutions
C. x = 5
D. x = 5; x = -5
Answer:
Step-by-step explanation:
X=5; X=-5 this is the answer i put and got off math:::way
Nathan made an error when he used
1 tsp salt instead of 1 tsp of salt
13 tsp baking powder instead of 1į tsp baking powder
3c shortening instead of fc shortening
15 c flour instead of 4 c flour
Answer:
Sorry but this makes no scine sorry
PLS HELP (pls pls pls pls pls)
Answer:
Step-by-step explanation:
Basically, since we know that the ticket gives the $2.50 discount we know that the d value will be always $2.5 less than the corresponding p value. The only table that follows that rule is option A).
On your wedding day you leave for the church 30 minutes before the ceremony is scheduled to start. The church is only 10 miles away, but you have to make an unanticipated stop for construction work on the road. As a result, your average speed for the first 15 minutes is only 5 miles per hour. What average speed do you need to go for the rest of the trip to get to the church on time
Answer:
You need to have an average speed of at least 35 miles per hour for the rest of the trip to get to the church on time
Step-by-step explanation:
We use the following relation to solve the question:
[tex]v = \frac{d}{t}[/tex]
In which v is the velocity, d is the distance, and t is the time.
First 15 minutes:
Time of 15 minutes = 0.25 hour, so [tex]t = 0.25[/tex]
Velocity of 5 miles per hour. So the distance is of:
[tex]d = vt = 5*0.25 = 1.25[/tex]
Final 15 minutes:
The will need to drive 10 - 1.25 = 8.75 miles in 15 minutes = 0.25 hours. So, the average speed will need to be of at least:
[tex]v = \frac{d}{t} = \frac{8.75}{0.25} = 35[/tex]
You need to have an average speed of at least 35 miles per hour for the rest of the trip to get to the church on time
The size of a jar of coffee is increased by 1/5. The new size is later reduced by 1/5.
Is the new jar smaller, the same size or larger than the original? Explain how you worked out your answer.
Answer:
The new jar is smaller.
Step-by-step explanation:
Like what the statements says, the normal size of coffee is reduced by 1/5 and it become as the new jar which is smaller than the original.
plz plz plz
i am running out the time
Answer:
mode:7
range:8
Step-by-step explanation:
mode is the most repeated number
range is the greatest -smallest number
Can someone help me please ?
Answer:
1 ==> C
2 ==> A
3 ==> B
hope this helps! lmk if you have any questions about my answer
What is the solution to the equation?
Answer:
C- t=411
Step-by-step explanation:
there is this really cool site/app called
math
way
it helps for everything, just use it
help me pls someone?
Which is the product in the expression 5(z+6)-25+x
Write a function rule for "The output is half of the input x."
Answer:
[tex]y = \frac{x}{2}[/tex]
Step-by-step explanation:
Functions:
Functions have the following format:
y = f(x)
In which y is the output, x is the input, and f is the relation between them.
In this question:
The output is half of the input x. This means that:
[tex]y = \frac{x}{2}[/tex]
Functions can be represented using equations and mathematical statements
The function rule is y = 0.5x
The statement is given as:
The output is half of the input x."
Let the output be y.
So, we have:
y = 0.5 * x
Evaluate the product
y = 0.5x
Hence, the function rule is y = 0.5x
Read more about function rules at:
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mr chowdhary purchased a house for rs 6.1 lakh and spent 30000 on its repairs. he then sold it rs 8 lakh. find his gain percent
Given:
Purchasing price = 6.1 lakh
Amount spent of repair = 30000
Selling price = 8 lakh
To find:
The gain percentage.
Solution:
We have,
Purchasing price = 6.1 lakh
Amount spent of repair = 30000 = 0.3 lakh
So, total cost price is
[tex]C.P.=6.1+0.3[/tex]
[tex]C.P.=6.4[/tex]
The total cost price is 6.4.
Selling price(S.P.) = 8 lakh
Now,
[tex]Gain\%=\dfrac{S.P.-C.P.}{C.P.}\times 100[/tex]
[tex]Gain\%=\dfrac{8.0-6.4}{6.4}\times 100[/tex]
[tex]Gain\%=\dfrac{1.6}{6.4}\times 100[/tex]
[tex]Gain\%=\dfrac{1}{4}\times 100[/tex]
[tex]Gain\%=25\%[/tex]
Therefore, the gain percent is 25%.
2(c+3d) (c-d)
algebra
Answer:
Step-by-step explanation:
Is there any sign of addition or subtraction between (c + 3d) and (c - d) or we have to just multiply
If we have to multiply then
2(c + 3d) (c - d)
= 2(c2 - cd + 3cd - 3d2)
= 2(c2 + 2cd - 3d2)
= 2c2 + 4cd - 6d2
Which of the following equations can be used to find three consecutive odd integers whose sum is 147?
n+n+1+n+3=147
n+n+1+n+2=147
n+n+n=147
n+n+2+n+4=147
Answer:
It’s the last one
Step-by-step explanation:
Plz mark me brainliest
determine the value of x if the measure of the sixth exterior angle of a hexagon is given by -6(3/16x-14)+3
Answer:
24°
Step-by-step explanation:
Assume the hexagon is regular.
