Answer:
Barry cannot contribute any amount to Roth IRA
Explanation:
For a single/ unmarried individual to be able to contribute to Roth IRA plan, his Adjustable Gross Income (AGI) should range between $117,000 and $132,000. Since Barry's annual income is $190,000, which is higher than the maximum AGI required for a single to be able to contribute to Roth IRA, he cannot contribute to Roth IRA.
Answer: D) $2.7 million
Explanation:
Debentures are sold per $1,000 which means that out of $30 million there are;
= 30,000,000/ 1,000
=30,000 bonds.
Each bond is entitled to 3 shares;
= 30,000 * 3
= 90,000 shares.
Price of $30
= 90,000 * 30
= $2,700,000
Answer:
1.)a
2.)b
3.)c
4.)c
I think this could be the answer
Answer:
Total amount= $600,000
Explanation:
Giving the following information:
Suppose that you start working for a company at age 25.
<u>Option 1:</u>
$20,000 for each year of work.
Number of years of service= 55 - 25= 30 years
<u>Now, the total retirement plan:</u>
Total amount= 30*20,000= $600,000
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