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Devry BUSN 380 Week 2 Problem Set 2 Latest<br>Just Click on Below Link To Download This Course:<br>https://www.devrycourses.com/product/devry-busn-380-week-2-problem-set-2-latest/<br>Problem Set 2<br>1.t1.Thomas Franklin arrived at the following tax information:<br>Gross salary, $46,660<br>Interest earnings, $225<br>Dividend income, $80<br>
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Devry BUSN 380 Week 2 Problem Set 2 Latest Just Click on Below Link To Download This Course: https://www.devrycourses.com/product/devry-busn-380-week-2-problem- set-2-latest/ Or Email us help@devrycourses.com Devry BUSN 380 Week 2 Problem Set 2 Latest Problem Set 2 1. 1.Thomas Franklin arrived at the following tax information: Gross salary, $46,660 Interest earnings, $225 Dividend income, $80 One personal exemption, $3,400 Itemized deductions, $7,820 Adjustments to income, $1,150 What amount would Thomas report as taxable income? 2. 2.What would be the net annualcost of the following checking account? Monthly fee, $3.75; processing fee, 25 cents per check; checks written, an average of 22 a month. 3. 3.What would be the average tax rate for a person who paid taxes of $4,864.14 on a taxable income of $39,870? 4. 4.A payday loan company charges 4 percent interest for a two-week period.What would be the annual interest rate from that company? 5. 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. Download File Now