If you are a salaried employee, then chances are that you have an Employee’s Provident Fund (EPF) account that you regularly make contributions from your salary deductions. You might know what the latest EPF interest rates are, but do you knowhow to calculate interest on your EPF account b...
How to Calculate Opportunity Cost 6:11 10:57 Next Lesson Production Possibilities Curve | PPC Definition, Graph & Examples Production Possibilities Frontier | PPF Definition, Curve & Graph 8:00 Opportunity Cost | Definition, Calculation & Examples 6:00 Ch 2. Comparative Advantage, Specializa...
To calculate the power required for LED strip lights, you need to know the wattage per meter of your LED strip. Multiply the W/m value by the length of the LED strip light to get the total theoretical wattage. You can also use online calculators to determine the LED wattage for LED str...
monthly salary is there, but you may get a yearly bonus or Leave Travel Allowance as a lump sum amount. Hence, you have to take a total of annual income and expenses and calculate the surplus.
Step 3: Calculate the payable tax amount according to the applicable tax slab.Step 4: Now, subtract the TDS amount that is deducted or the TDS, which will be deducted as per the tax slabs for different earnings.If the tax liability at any time after the deduction of TDS exceeds Rs.10,...
Suppose the expected inflation rate is 5% and the actual inflation rate is 7%. According to Friedman, is the economy in long-run equilibrium? Explain your answer. How to calculate the rate of inflation, specifically the percentage change in the CPI-U?
What determines the shape of the ppf? What is the formula for finding the natural unemployment rate? Assume that the demand for a commodity is given by Q_1 = 1400 - 5P_1, where Q_1 represents the quantity demanded and P_1 stands for the price of the commodity 1. Calc...
the comparison more reasonable it is better to calculate the 2.5 percentile of the Beta distribution (95% confidence interval). Luckily, with the Bayesian approach our result is not a single value, but the whole distribution, thus we can calculate percentile using percentile point function (PPF)...
How to calculate confidence interval? Confidence interval (CI) can be calculated using the following formula: CI= sample mean ± confidence level * sample standard deviation / √sample size The result received using the "+" symbol is the upper limit of the confidence interval, while the result...
Advance Tax: If the tax on other income is above Rs. 10,000 in a year, the assessee is required to calculate and deposit the advance tax. This advance tax is to be paid on a quarterly basis such as in, June, December, September and March....