The benefit would decrease by $7,020 annually would be the answer.
According to the 2022 Annual Report of the Social Security Board, the surplus of trust funds paying severance, disability, and other social security benefits will be exhausted by 2035. This is a year behind what the Board of Trustees predicted in its 2021 report.
If you are less than the full retirement age and exceed your annual income limit, your benefits may be reduced. If you haven't reached full retirement age throughout the year, you will be deducted $ 1 from your benefits for every $ 2 you earn over your annual limit. For 2022, the limit is $ 19,560.
Learn more about Social Security payroll here:brainly.com/question/1156607
#SPJ4
Answer:
IRR = 12.92%
Explanation:
<em>The IRR is the discount rate that equates the present value of cash inflows to that of cash outflows. At the IRR, the Net Present Value (NPV) of a project is equal to zero
</em>
<em>If the IRR greater than the required rate of return , we accept the project for implementation </em>
<em>If the IRR is less than that the required rate , we reject the project for implementation </em>
A project that provides annual cash flows of $24,000 for 9 years costs $110,000 today. Under the IRR decision rule, is this a good project if the required return is 8 percent?
Lets Calculate the IRR
<em>Step 1: Use the given discount rate of 10% and work out the NPV
</em>
NPV = 9000× (1-1.10^(-4)/0.1) - 27,000 =1528.78
<em>Step 2 : Use discount rate of 20% and work out the NPV (20% is a trial figure)
</em>
NPV = 9000× 1- 1.20^(-4)/0.2 - 27000 = -3701.38
<em>Step 3: calculate IRR
</em>
<em>IRR = a% + ( NPVa/(NPVa + NPVb)× (b-a)%</em>
IRR = 10% + 1528.78/(1528.78+3701.38)× (20-10)%= 0.12923
= 0.129230153 × 100
IRR = 12.92%
Answer:
Require the issuer to set aside assets at specified amounts to retire the bonds at maturity.
Explanation:
Sinking fund is defined as amounts of money that are set aside to pay off a bond or debt. When a company incurs a debt it will take a large allocation of revenue to offset it. So they start setting aside sinking funds to cushion the hardship of repayment.
This is a way to avoid lump sum payment at bond maturity.
Sinking funds gives some level of security and reduces default risk, so interest rate is usually lower. Cash flow and profitability is increased
Answer:
b. false
Explanation:
Regression analysis is a commonly used type of statistics that helps one to infer or determine if there is a relationship between two variables. One variable is dependent while the other is independent.
In the above question, a R² value of 0.70 means that the variation between the dependent and independent variables have more effect on the population and can be said to be a strong effect size.
Cheers
Answer:
Explanation:
Mainly there are three types of cost i.e variable cost, fixed cost, and the mixed cost. The variable cost is that cost which is change when the production level change in the same proportion like as in double units. whereas the fixed cost is that cost which remains constant whether production level changes or not
. The mixed cost is that cost which include some part of variable cost and the fixed cost
So, the variable cost includes indirect material, indirect labor, and factory supplies
The fixed cost includes supervision, taxes ,and depreciation expense.
The mixed cost includes utilities,maintenance,etc
So, the categorization is shown below:
Indirect labor - Variable cost
Property taxes - Fixed cost
Direct labor - Variable cost
Direct material - Variable cost
Depreciation - Fixed cost
Utilities - Mixed cost
Maintenance - Mixed cost
