Answer:
<em>Traditional IRA</em>
Explanation:
A traditional IRA <em>is a form of personal retirement fund that allows tax advantaged growth in your earnings.</em> Only when you make withdrawals after retirement, you pay taxes on your investment returns.
Advantages include:
- You will subtract the full amount of your IRA allocation on your income tax return if you are not provided by a pension plan at work.
- There is no maximum limit on earnings.
Answer:
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Explanation:
- <u>#</u><u>C</u><u>a</u><u>r</u><u>r</u><u>y</u><u>O</u><u>n</u><u>L</u><u>e</u><u>a</u><u>r</u><u>n</u><u>i</u><u>n</u><u>g</u>
<span>Given:
check written year 1 year 2 year 3
yes 225 175 125
no 275 325 375
</span><span>The expected number of shoppers who pay by check in year 1 if there is no difference in the proportion of shoppers who pay by check among the three years is 175.
Each year has 500 customers, and its proportion of customers paying in check gradually decreased from 45% to 25%. If there is no difference in proportion, I am assuming that the data is averaged. Thus, (225+175+125) / 3 = 525 / 3 = 175.</span>