TRENDING NEWS

POPULAR NEWS

What Is The Payment Amount For Payment Number 2

Please enter your minmum pay rate as a number with 2 decimals and no other characters?

Are you asking what this question means?
On an application this question is where you you get to tell a potential employer how much you think you are worth. If you're making $10 an hour at your current job, but you think you deserve $2.50 an hour more you would write "12.50" in this spot.

Are you asking if you should fill this in? Well, most employers ask future employees what salary or pay rate the employee is looking for. This does not ensure that you'll make your requested amount, it should be a realistic number. If you're working as wait staff or a cashier you're probably not going to put 30.00 as your minimum pay rate - it'll probably be closer to 10.00. If you're a technician of some sort doing contract work you very well may ask for 50.00 an hour (if that's the typical compensation for your type of work.)

I personally have not had an hourly job since I was 19, but then my minimum pay rate was 10.00 - I made $10 an hour, and I would not work for less than that. In my mind I was worth at least $10 an hour.

1. Determine the amount of interest owed after 2 years on a $850 loan at 12 1/4% if no payments are made.?

A. $104.13
B. $208.25
C. $1058.25
D. $745.87

2. According to the 2000 Census, about 0.3% of the people in Indiana were of Native American descent. If Indiana has a population of 6,080,485, estimate the number of people who were of Native American descent.
A. 12,000
B. 30,000
C. 24,000
D. 18,000

3. At Central High School, the number of sophomores who rode the school bus decreased from 212 at the beginning of the school year to 94 at the end of the school year. Find the percent decrease for sophomores riding the school bus.
At Central High School, the number of sophomores who rode the school bus decreased from 212 at the beginning of the school year to 94 at the end of the school year. Find the percent decrease for sophomores riding the school bus.
A. 55.70%
B. 79.70%
C. 125.50%
D. 44.30%

4. Recently, basketball player Steve Nash made 231 free throws in 258 attempts. What percent of free throws did he make? Round to the nearest whole percent.
A. 95%
B. 88%
C. 90%
D. 85%

If i pay extra for my mortgage payment, will that extra go to my principle?

Whenever you make an extra payment, you need to specify that is is an extra payment of PRINCIPAL, otherwise it might
go to escrow, early payment for next month, etc. It's on the coupons, and you fill in the line or check off a box.

Paying extra principal in first 5-10 years of your loan can have huge impact over life of your loan, because almost all of your payment is going to interest otherwise. It will reduce total dollar amount you pay over time and it will reduce the length of time you pay. It's a wonderful thing to do whether it's $200 a month or a lump sum of $1000 from Christmas bonus or even smaller increments. As long as it is accompanied by coupon, it doesn't have to be by separate check, but you need something stating that it is extra PRINCIPAL.
Some loans have prepayment penalties, not many now existing, but if yours does, there are limitations on prepayments or penalties for prepayment, usually for a set time period. Read your loan docs carefully, and ask. You can make extra payments without talking to a loan officer, as long as there are no prepayment penalties.

If I pay the minimum amount due on a credit card, and then pay the full amount the day after, does it negatively affect my credit score?

Not really. Paying the minimum will mean you are current, and have not missed payments, which is the main part reported on your credit score.However, you will be affected financially as the remainder of the balance would have interest applied to it. If your APR is 24%, you will be paying an extra 2% by not paying on time potentially.Paying the minimum is better than not paying at all, but paying as much as possible or the full balance is best.

I paid my US visa fee via NEFT. How do I get the "Receipt Number"?

[May 2018] For NEFT transfers, you won’t get a “receipt number” unlike the direct bank transaction. But no need to panic. This entire process will take some time.Add the payee using the bank details of the beneficiary [Unique Account Number (TIER***********), IFSC, Account name etc will be provided for you on the cgifederal website [https://cgifederal.secure.force/]. Need to wait for some time, so that the beneficiary is added.Make the visa payment with the exact amount mentioned for your application.Once the US Embassy in Mumbai receives the payment [it might take 3–4 hours minimum], you will receive a notification on the website https://cgifederal.secure.force/ where you need to take an appointment. You will not receive any email or SMS regarding this. Therefore, the only option is to log in to the portal after 4–5 hours.You will see the notification “There are receipts available, you want to use them or create a new one” only once you reach the payment gateway and it will not appear on its homepage.After you approve the notification, the receipt number will be automatically added.[If there are dependents along with you, their payment number will also be updated at the same time.]Hope this helps you!

A tennis club offers two payment options Option 1 $42 monthly fee plus $5/hour for court rental Option 2 No?

The cost for either option is the monthly fee plus the amount spent o the court rentals.

Option 1: C = 42 + 5*x
Option 2: C = 0 + 8.50*x = 8.50*x

The inequality is simply (cost of option 1) < (cost of option 2) so:
42 + 5*x < 8.50*x

And you want the x value that makes this true. x is number of hours so it must be an integer. You can find x by equating the two sides of the inequality.

42 + 5*x = 8.50*x
42 = 3.50*x
x = 12

So when x = 12 the two costs will be the same. But, since we want cost 1 to be less than cost 2, we will have to rent an additional hour so we must rent the court for 13 hours.

What happens if you miss an estimated tax payment?

In answer to your question - the IRS computers calculate a small penalty for late payments, which your tax preparer will show you on Form 2210. To answer each of your questions:

Q1: "I have clearly missed the deadline and am wondering if I should just save what I have put aside for taxes and pay it all at once when I pay third quarter's taxes?"
Q1: No, every day that you do not pay causes the penalty to increase a little. If you have the money now, you should pay now. Waiting will only increase penalties. Do not think of the 3rd quarter as a "special" time to pay taxes. Taxes are due continously as you earn them. That's why payroll companies for larger businesses make payments every week.

Q2: "Or should I pay it as soon as possible?"
A2: Yes, and save the date of the check or payment for your tax preparer or computer program when you file taxes next year.

Q3: "Or would it be okay just to continue with my payment plan and pay what I owed this quarter in the 3rd quarter and pay what I owe from the third and fourth quarters in the fourth quarter payment?"
A3: You could, but that drags out the payments and cause a little more interest to accrue. Actually, if you make 4 equal payments - your computer can use an easy worksheet for calculating penalties. If you skip even one payment, your tax program or preparer may have to annualize your income on Form 2210.

In my experience, the penalties are rather small right now. The last few quarters, the interest penalty has been 3%. Below is a link that should help. I don't know the size of your quarterly payment, but if you pay it off now, it should be rather small. Try to pay it off before the end of the month. The IRS works with end-of-month periods for penalty assessment. So it is late from after the due day, through the end of month, then it is late more on the 1st of the next month.

TRENDING NEWS