All categories

2 years ago

Why is expected income a large factor in choosing a retirement plan in which to invest?

2 answers:

8 0

<span>Because you will be investing in it for the rest of your life. The yields should match the amount you are able to contribute. By doing this, you will be able the needs that needed to be made on current year while not throwing away the money for the future since the fruit of your retirement plan will be ripped when you're no longer in a productive age,
</span>

UNO [17]2 years ago

5 0

When you are choosing a retirement plan to invest in, you need to figure out what the expected income from the investment is. When you start to invest, make sure you are aware of your current income and expenses and how those will go up or down once retirement hits. Making sure your end result covers your cost of living and expenses is the end goal, so the steps you take to acheive your goal is important.

You might be interested in

Jasper Company has 70% of its sales on credit and 30% for cash. All credit sales are collected in full in the first month follow

hjlf

Jasper Company Cash Receipts Budget shows the estimated cash receipts from customers and other sources.

<h3>Cash Receipts Budget for April, May, and June:</h3>

April May June Total

Cash Sales 30% $157,500 $160,500 $168,000 $486,000

Credit Sales 70% 400,000 367,500 374,500 1,142,000

Total $557,500 $528,000 $542,500 $1,628,000

Calculations:

a) Cash Sales for April = 30% of April Sales = 30% * $525,000 = $157,500. The difference of 70% is received in May.

b) Sales received on account for April = 100% of Accounts Receivable = $400,000.

c) Cash Sales for May = 30% of April Sales = 30% * $535,000 = $160,500. The difference of 70% is received in June.

d) Cash Sales for June = 30% of April Sales = 30% * $560,000 = $168,000. The difference of 70% is received in July.

To learn more about cash receipts visit the link

brainly.com/question/15561219

#SPJ4

3 0

2 years ago

Cell Phones for Soldiers is a nonprofit organization with a long-term commitment to one cause. Suppose that FedEx volunteered to

Rudik [331]

Answer:

d) social initiative

Explanation:

Being an NGO the cell phone for solders is making a long term commitment to the cases that supports the social initiative and which is volunteer by the Fed Ex company to transport and donate these cell phone for free and thus acts for a social cause and helps the society.

6 0

2 years ago

How to get a workers permit at 14 If you drop out of school in Pennsylvania

lidiya [134]

Well, for one, yes you can work when you are 14 in Pennsylvania.
<span>
To get a work permit, you must go to your school district to get your work permit, as they are responsible. This is for any student in any kind of school (online, traditional, charter, etc)
</span>
hope this helps

8 0

3 years ago

Read 2 more answers

g On June 30, the value of the account is 157.50. On December 31, the value of the account is X. Using the time weighted method,

irga5000 [103]

Answer:

236.23

Explanation:

The computation of X is shown below:-

As per the time-weighted method

The 6-month yield

= (40 ÷ 50) × (80 ÷ 60) × (157.50 ÷ 160) - 1

= 5%

Annual equivalent = (1.05)^2 - 1

= 10.25%

1 - year yield = (40 ÷ 50) × (80 ÷ 60) × (175 ÷ 160) × (X ÷ 250) - 1

= 0.1025

X(0.004667) = 1.1025

X = 236.23

Therefore on December 31st the value of account of X = 236.25

4 0

3 years ago

Describe where you are in life right now. What makes you most excited about where you are now? What questions do you have, and w

Komok [63]

You say: “I'm excited to see there's a lot of opportunity to use advanced computer skills in this position. Being able to build my skills and continue to develop in a growing company is important to me, and there seems to be long-term opportunities here.”

5 0

3 years ago

Read 2 more answers