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Author Question: Gabriel defaulted on her tax worth $4189.00. CRA audited her and after 31 months sent her the tax ... (Read 45 times)

eruditmonkey@yahoo.com

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Question 1

Meridian Credit Union expects an average annual growth rate of 3% for the next four years. If the assets of the credit union currently amount to $11.4 billion, what will the forecasted assets be in four years?
◦ $32.56 billion
◦ $12.85 billion
◦ $12.83 billion
◦ $1.43 billion
◦ $1.45 billion

Question 2

Gabriel defaulted on her tax worth $4189.00. CRA audited her and after 31 months sent her the tax bill, which also included an interest rate compounded annually at 3.75% p.a. What is the total tax due, if Gabriel pays it immediately on receiving the notice?
◦ $4222.90
◦ $4592.83
◦ $4614.12
◦ $4606.94
◦ $13 114.19


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Marked as best answer by eruditmonkey@yahoo.com on Jun 6, 2019

Edwyer

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Edwyer

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