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In the world of finance, an annuity is a contract between you and a life insurance company in which you give the company a lump sum or series of payments, and in return, the insurer promises to ...
The input section is moved with the end crank until the lefthand digits of the two numbers line up. The operation crank is turned and the divisor is subtracted from the accumulator repeatedly until the left hand (most significant) digit of the result is 0.if it shows any other number, that is the remainder. [citation needed]. The number showing ...
A partially disassembled Curta calculator, showing the digit slides and the stepped drum behind them Curta Type I calculator, top view Curta Type I calculator, bottom view. The Curta is a hand-held mechanical calculator designed by Curt Herzstark. [1] It is known for its extremely compact design: a small cylinder that fits in the palm of the hand.
In the position shown, the counting wheel meshes with three of the nine teeth of the Leibniz wheel. A Leibniz wheel or stepped drum is a cylinder with a set of teeth of incremental lengths which, when coupled to a counting wheel, can be used in the calculating engine of a class of mechanical calculators.
A lump sum could be $10,000, $50,000, $200,000 or any amount that is large given your situation. You might find yourself with a lump sum for any number of reasons. Perhaps you received an inheritance.
A stepped-up basis can be higher than the before-death cost basis, which is the benefactor's purchase price for the asset, adjusted for improvements or losses. Because taxable capital-gain income is the selling price minus the basis, a high stepped-up basis can greatly reduce the beneficiary's taxable capital-gain income if the beneficiary ...
A pinwheel calculator is a class of mechanical calculator described as early as 1685, and popular in the 19th and 20th century, calculating via wheels whose number of teeth were adjustable. These wheels, also called pinwheels, could be set by using a side lever which could expose anywhere from 0 to 9 teeth, and therefore when coupled to a ...
A lump sum is a single payment of money, as opposed to a series of payments made over time (such as an annuity). [1] [2] [3] [4]The United States Department of Housing and Urban Development distinguishes between "price analysis" and "cost analysis" by whether the decision maker compares lump sum amounts, or subjects contract prices to an itemized cost breakdown.