Option C. The type of retirement plan that the individual would have to make the maximum contribution is the sep ira.
<h3>What is the retirement plan?</h3>
This is the term that is sued to refer to the plan that is done in such a way that it has to help a person to take care of their post retirement. This is done through the saving of money in such a way that it would help to take care of the periods that they have become old and no longer working.
Hence the SEP IRA is also called the simplified employee pension plan. Therefore the type of retirement plan that the individual would have to make the maximum contribution is the sep ira.
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Answer:
A Smart Display campaign
Explanation:
A Smart Display campaign utilize Artificial Intelligence to automate and optimize the user's targeting and bidding process.
This campaign will target the internet users based on their past activities and presented your ads to the people with the highest likelihood of conversion.
By running this campaign, Sierra does not have to manually target where she should show her advertisement. The program will automatically select it while Serra can focus her time doing other tasks.
Answer:
The answer is below
Explanation:
The three objectives that guide pricing strategies for business owners are:
1. Ensuring the product is accepted
2. maintaining market share as the competition grows
3. Reaping profits.
Among these three objectives, the one that is associated with a
1. slSkimming pricing policy is "Reaping Profits." This is because skimming pricing policy is means of charging higher prices on the commodities at an early stage, and then reduce the prices later in the production life.
2) Penetration policy is "Ensuring the product is accepted." This is because Penetration policy is a means of charging lower prices on the commodities at the early stage of production, and then increase the prices later in the production life.
question text <u>WITH </u>missing information:
After examining the various personal loan rates available to you, you find that you can borrow funds from a finance company at an APR of <em>12 percent compounded monthly</em> or from a bank at an APR of <em>13 percent compounded annually.</em> Which alternative is more attractive?
If you borrow $100 from a finance company at an APR of 9% percent compounded for year, how much do you need to payoff the loan?
Answer:
The finance company option is better as we are taking the loan we want the lower rate possible.
We need $109 to payoff the loan of $100 at 9% annualy after a whole year.
Explanation:
We solve for the effective rate of 12% compounded monthly
= 1.12682503 = 0.126825 = 12.6825%
As this rate is lower than 13% this option is better
If we take 100 dollars after a year we have to pay:
$100 x (1 + r) = 100 x (1 + 0.09) = 100 x 1.09 = $109
