which is true about child and dependent care credit?Married couple to claim at least one spouse must work, be looking for work or be enrolled as full time student--or credit phases out when taxpayers AGI crosses certain threshold--or single taxpayer may claim credit for the care of certain disabled adult children who lived in household for more than 6 months

which is true about child and dependent care credit?Married couple to claim at least one spouse must work, be looking for work or be enrolled as full time student--or credit phases out when taxpayers AGI crosses certain threshold--or single taxpayer may claim credit for the care of certain disabled adult children who lived in household for more than 6 months

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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Hi, can you help me to solve this question? I have some confused. Please do not copy chatgpt! Thanks! Here is a quick crash-course on how deductibles work. Suppose the insurance policy you purchased on your car comes with a $500 deductible. Then, if you get into an accident the amount you have to pay out-of-pocket follows the following scheme: if the true cost of damages is under $500 then you pay the full cost of damages, but if the true cost of damages is over $500 then you only pay $500 (and your insurance company pays the rest). So, if the true cost of damages is say $1,000 then you only pay $500. Suppose now that your deductible is m, where m is a fixed positive constant. Let X denote the true cost of damages of a particular accident, and let Y denote the amount of money you actually pay as a result of that accident. Further suppose that X is well-modeled by an Exp(λ) distribution for some λ > 0. (a) Express Y as a function of X. In other words, find an explicit formulation…
1. Project Eastcoast Sdn. Bhd. is planning to buy an insurance plan to minimise the risk of losses. The insurance options are as below: Plan North i. South ii. West Project Eastcost Sdn. Bhd. historical losses incurred as below: Insurance Policy An insurance policy that provides RM5,000 of straight deductible attached to it with an annual policy limit of RM22,000. An insurance policy that provides RM22,000 of aggregate deductible attached to it with a coinsurance of 5 percent. Month of claim January April May August November December An insurance policy that required 15 percent coinsurance attached to it with no policy limit. Probability of losses 0.76 0.92 0.37 0.55 0.83 0.44 As a risk management consultant, you are required to advise Project Eastcoast Sdn. Bhd. on the preferable insurance plan. Amount of Possible Loss (RM) 8,200 6,500 10,500 9,600 1,700 5,800 Determine the amount retained by Project Eastcoast Sdn. Bhd. and the amount paid by insurer for Plan North, Plan South and…
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An account that is established for accumulating funds to meet future obligations or debts is called a [Select] fund.
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6) A manufacturing firm may decide to buy an adjacent property so that it can expand its warehouse. If financed through the seller, the property's price is $280,000, with 15% down and the balance due in five annual payments at 10%. The seller will accept 8% less if cash is paid. The firm does not have $240,000 in cash, but it can borrow this amount from a bank. What is the rate of return or IRR for the loan offered by the seller?