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love history [14]

2 years ago

12

Even though federal law mandates that workers and firms each pay half of the total fica tax, the tax burden may not fall equally

on workers and firms.
a. true
b. false

1 answer:

Semmy [17]2 years ago

7 0

True is the correct answer

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How are foreign exchange rates determined

alekssr [168]

Answer:

Currency prices can be determined in two main ways: a floating rate or a fixed rate. A floating rate is determined by the open market through supply and demand on global currency markets. ... 5 Therefore, most exchange rates are not set but are determined by on-going trading activity in the world's currency markets.

7 0

2 years ago

What are the disadvantages of using big macs to measure purchasing power parity? (check all that apply.)?

AnnZ [28]

<span>While a familiar benchmark, the number of people who know of Big Macs are not comparable to those who buy them regularly. Thus, comparing a not-as-commonly purchased product with living essentials (such as staple foods and toiletries) provides a level of disconnect that hinders the very comparison it is intended to support.</span>

4 0

2 years ago

Read 2 more answers

In planning their wedding, a couple creates a website that will allow friends and relatives to donate money to their honeymoon e

Mekhanik [1.2K]

Answer: c. Crowdfunding

Explanation: Crowdfunding is funding by many individuals pooling their money together for a common goal, usually via the Internet. The required amount for the project is raised by pooling small sums of money from a large number of people. Each individual acts as an agent of the offering, by selecting and promoting the projects in which they believe in. A wide range of profit-based ventures such as creative projects, medical expenses, travel etc. have employed crowdfunding as a means of sourcing funds.

6 0

3 years ago

Conchita is applying for a VA loan. She has served in the military, on active service, for ninety days. She is trying to buy a t

LUCKY_DIMON [66]

Answer:

No, Conchita will not be considered for a VA loan.

Explanation:

In order for a Veterans Affairs (VA) loan to be given, the borrower must comply with the following conditions regarding service time:

the borrower must have served for at least 90 days of active duty (service during wartime)
the borrower must have served for at least 181 days of active service (service during peacetime)

Conchita has not served the 181 days of active service required.

8 0

3 years ago

You plan to retire in 30 years and plan to contribute the same amount of money each year to your retirement fund. The fund earns

tatyana61 [14]

Answer:

$11,215.24

Explanation:

After retirement:

Annual Withdrawal = $100,000

Period = 20 years

Annual Interest Rate = 7%

Amount required at retirement = $100,000 * PVIFA(7%, 20)

Amount required at retirement = $100,000 * (1 - (1/1.07)^20) / 0.07

Amount required at retirement = $100,000 * 10.5940

Amount required at retirement = $1,059,400

Before retirement:

Period = 30 years

Annual Deposit * FVIFA(7%, 30) = $1,059,400

Annual Deposit * (1.07^30 - 1) / 0.07 = $1,059,400

Annual Deposit * 94.46079 = $1,059,400

Annual Deposit = $11,215.24

So, you should contribute $11,215.24 each year into your retirement fund.

3 0

2 years ago