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Gwar [14]
2 years ago
7

Harry starts receiving reduced retirement benefits at age 62. these benefits:______.

Business
1 answer:
boyakko [2]2 years ago
3 0

Harry starts receiving reduced retirement benefits at age 62. These benefits increase when he reaches the normal retirement age.

Retirement is the cessation of one's employment, occupation, or active working life. Another way to semi-retire is to work fewer hours or with fewer jobs. When they are old or unable to work due to health issues, many people decide to retire. A person may become eligible to receive superannuation or other government benefits, such as a state pension, at retirement age, which is often the age at which they are expected or obligated to stop working.

If you were born between 1943 and 1954, you can retire at the full age of 66. If you were born between 1955 and 1960, your full retirement age will steadily rise until it reaches 67. Full retirement benefits begin to accrue for people born in 1960 or later at age 67. The entire retirement age is displayed in the following table per birth year.

To know more about retirement refer to:  brainly.com/question/20751552

#SPJ4

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Jake is the maker of a $2,000 promissory note payable to Kim. Kim indorses the note toLou who, in turn, indorses it to Mona, who
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3 years ago
Thyme, Inc. owns 16,000 of Sage Co.'s 20,000 outstanding common shares. The carrying value of Sage's equity is $500,000. Sage su
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The total non controlling interest after the additional shares are issued is equal to $252,000.

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=        $28

NON CONTROLLING INTEREST = Minority shares x Price per shares

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8 0
4 years ago
You need to accumulate $10,000. To do so, you plan to make deposits of $1,100 per year - with the first payment being made a yea
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Answer:

Explanation:

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Fv = Pmt ( (1+r)ⁿ -1 )/ r

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In ( \frac{FVr}{Pmt} + 1) = n In ( 1+r)

n =  In ( \frac{FVr}{Pmt} + 1)  / In ( 1 + r)

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the last year payment will actually be less than $1,100

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4 years ago
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