"how would the distribution of income change if social security were privatized?"

1 answer:

4 0

To make Social Security to private it would imply that it is never again an ensured framework that Americans can rely upon. Rather, it would be more similar to a benefits program, and many annuity programs have finished on the grounds that privately owned businesses have discovered them too expensive. It isn't justified regardless of the danger of such a vital program finishing or being scaled back. Individuals are extremely not going to put something aside for there retirement money..that why we have this program so when we resign we can securely realize that we have cash.

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Which of the following is an example of a general partnership?

vesna_86 [32]

Answer:

d. Ken and Paul start a graphic design business together. When Ken fails to deliver on a contract with a customer, Ken and Paul are held equally responsible when the customer sues for damages.

Explanation:

A general partnership is one where more than two people are involved in the running of a business and each bears an unlimited liability in the obligations of the business.

The partners share profit and losses from the business activities.

The scenario where Ken fails to deliver on a contract with a customer, Ken and Paul are held equally responsible when the customer sues for damages. Is a perfect example of a general partnership.

Both partners share in the loss that results from business activity.

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3 years ago

1. Mr. Knox is planning to deposit $100 per year for the next 18 years for his grandson’s birthday. If the account earns an annu

aleksandr82 [10.1K]

Answer:

a. $2953.9

b. $2813.24

Explanation:

To calculate the future value of an annuity paid at the beginning of the period, you have:

$VF = A\left[\frac{(1+i)^{n+1} - (1+i)}{i}\right] = 100\left[\frac{(1.05)^{19} - (1.05)}{0.05}\right] = 2953.9$

To calculate the future value of an annuity paid at the end of the period, you have:

$VF = A\left[\frac{(1+i)^{n} - 1)}{i}\right] = 100\left[\frac{(1.05)^{18} - 1)}{0.05}\right] = 2813.24$

Mr. Knox will have $2953.9 at the end of the 18 years, if he pays $100 at the beginning of each year. On teh other hand, Mr Knox will have $2813.24 at the end of the 18 years, if he pays $100 at the end of each year.

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4 years ago

Homeowners insurance provides what two basic types of coverage?

ki77a [65]

I think b is the correct answer

7 0

3 years ago

Read 2 more answers

What are two characteristics of a commerical bank

uysha [10]

Safe place to put money. Your money if stolen is insured by the FDIC.

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