Answer:
$7,040 is the amount to be retained after taxes to fund the house down payment
Explanation:
In this question, we are asked to calculate the amount of withdrawal that will be retained after taxes to fund the house payment.
We proceed as follows;
Withdrawal amount = $8000
The Non taxable amount is $4000 (this is because the amount deposited is not taxed)
The amount subject to tax is $4000(contributed to the IRA)
Tax rate = 24%
Penalty rate is zero as the purpose is to buy a house
After tax withdrawal retained= 4000+ 4000*(1-24%) = $7,040
I'm taking this pre-test right now. I think the answer is "No, because sides JM and KL have different slopes from sides AD and BC."
After looking closely, it looks like JM and KL are slightly steeper lines than AD and BC.
Answer:
Having a savings account can contribute to your overall financial well-being by providing you with the security to expect the unexpected, allow you to invest when opportunities arise, provide you with the means to fulfill your dreams, and to give back to your community. I hope it will useful
Explanation:
Answer:
The correct answer would be E, Taking Action.
Explanation:
You have received your poor grades in Spanish over the last two semester. Now it is the time to take action and improve your grades. You will have to take proper actions and measures in order to improve your grades in the coming semesters. So you will either have to join an extra coaching or ask your friends to teach you the language if they are getting excellent marks. You will have to work hard. You will have to give more time to study and understand the language. These are the actions that you would have to take.