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galina1969 [7]
3 years ago
11

What percentage of american employees work for an employer that does not offer a traditional pension or retirement plan?

Business
1 answer:
deff fn [24]3 years ago
6 0
<span>About 1/3 of American employees work without a traditional pension or retirement. This is a problem because when they get closer to retirement age their bank account may not have enough money for them to have a sustainable retirement and can force them to be on government spending such as welfare.</span>
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A person invested $20,000 into two accounts that pays 2.5% and 3% simple interest annually, respectively. find the amount invest
denpristay [2]
Let:
x = amount in the account invested in 2.5%
20000 - x = amount in the account invested in 3%

Solution:
.025x + .03 (20000 - x) = 540
.025x + 600 - .03x = 540
-.005x + 600 = 540
-.005x = 540 - 600
-.005x = -60
x = 12000

Therefore, that person invests 12,000 at 2.5%
and
20,000 - 12,000 = 8,000 at 3%
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<em>I hope this information can help you.</em>

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The description according to another circumstance is summarized throughout the subsection below.

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