1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Leya [2.2K]
3 years ago
6

What is the benefit of a 529 education saving plan?

Business
1 answer:
Fofino [41]3 years ago
7 0

Answer:

The second statement is true.

Explanation:

  • The school is dependent on what state the 529 is registered with.
  • Option 3 is not a benefit
  • 529 contributions are made with after tax dollars, only interest earned and distributions are tax deffered.
You might be interested in
Choose a real or made up example of a company, and describe at least three variable costs the company has.
Eduardwww [97]

Answer:

yoooo

Explanation:

4 0
2 years ago
Read 2 more answers
You invest $1,000 in a complete portfolio. The complete portfolio is composed of a risky asset with an expected rate of return o
gladu [14]

Answer:

The rate of return on the risky asset is 16% and on treasury bill is 6% and we need a return of (1100-1,000)/1000= 10% or 0.1

If we think of x as the percentage investment in risky asset and 1-x as the investment in non risky asset we can mathematically find what proportion we need to invest in each asset to get this return.

16x+ 6(1-x)=10

16x+6-6x=10

10x=4

x=4/10

x= 0.4

This equation tells us that we should invest 40% in risky assets and 1-x which is 60% in treasury bills. We can test our answer by putting these values and see if the return is 10 %

(0.4*16)+(0.6*6)= Rate of return

Rate of return=10%

10% of 1000 = 100

100+1000=$1100

Explanation:

7 0
2 years ago
Shaq and Kobe are parties to a business contract containing a binding arbitration clause. A dispute between Shaq and Kobe is sub
sveta [45]

Most likely, Shaq will ask that the court overturn the award based on the acceptance of the bribe by Pat.

Option - b

<u>Explanation: </u>

Arbitration is a method to solve quarrels outside the court. The quarrel will be decided by the arbitral tribunal which gives the arbitration award. This award is lawfully compulsory from both the parties and enforceable in the courts.

The court can impose but these awards will be overturned by the court only in special cases. The court will declare void, or ignore to accept an arbitration award if it is a fraud product or misbehavior by the arbitrator.

7 0
2 years ago
Those who exhibit similarities in​ occupations, education, and income​ level, and have similar tastes in style and activities ar
juin [17]

Answer: The correct answer is "B. social class".

Explanation: Those who exhibit similarities in​ occupations, education, and income​ level, and have similar tastes in style and activities are members of​ a <u>social class.</u>

In a society the general range of people can be defined as the social class. Within these classes people tend to be similar in terms of occupation, income level, tastes, education, etc.

8 0
2 years ago
encourage outsourcing of production units. protect domestic producers by limiting foreign competition. lower the prices of impor
NARA [144]

Answer:

lower the prices of imported components

Explanation:

In simple words, Job outsourcing allows American businesses to compete more effectively in the international economy. It enables them to advertise to international markets through their abroad operations. They keep labor costs cheap by recruiting in developing countries with poorer living conditions.  As a result, the pricing of the items they send back to the United States are lower.

4 0
2 years ago
Other questions:
  • Accounting profit is equal to a. total revenue minus the opportunity cost of producing goods and services. b. average revenue mi
    15·1 answer
  • "7 out of 10 dentists recommend brand x toothpaste". this finding is based on the results of a survey of 10 randomly selected de
    5·1 answer
  • List the four ways to become a business owner
    14·2 answers
  • What are the three workplace violence prevention strategies covered in this module? A. Employer and employee involvement, remain
    7·1 answer
  • The company allocated manufacturing overhead of using a predetermined overhead rate of per machine hour. The total actual manufa
    12·1 answer
  • 4) The management of Stanforth Corporation is investigating automating a process. Old equipment, with a current salvage value of
    9·1 answer
  • What is a key factor you should consider when determining asset allocation
    7·1 answer
  • Reasons for consumers to prefer one product over another to satisfy the same need
    11·1 answer
  • How to calculate direct labor
    13·1 answer
  • problem 08-07 (algo) you are the manager of a monopolistically competitive firm, and your demand and cost functions are estimate
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!