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KengaRu [80]
3 years ago
9

According to the u.s. census, the multigenerational household has increased more than a third between 1990 and 2000, and represe

nts ____% of all households in america.
Business
1 answer:
mixas84 [53]3 years ago
3 0
According to the u.s. census, the multi generational household has increased more than a third between 1990 and 2000, and represents 4.8% of all households in america. A multi generational household is a household that consist of more than two generation living in the same roof. For example, a household that consist of the householder, the child, and the grandparents or the householder parents<span>.</span>
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Emily, age 58, has been a participant in the Icon, Inc. ESOP for fifteen years. She plans to retire at 65. At the end of this ye
Andrej [43]

Answer:

How much must Icon allow Emily to diversify this year?

The answer is $250,000

Explanation:

  • After attaining the age of 55 years and participating already for ten years in the ESOP.
  • Emily will be allowed to diversify the value equal to 25% of investments.
  • 50% of the investment is allowed to be diversified if it is final year of participation but in the present case it is not the final year before the retirement of the Emily so she will not be allowed 50% diversification and only up to 25% is allowed on which the percentage of investment already diversified in previous years will also be reduced.
  • Since here in the past no amount has been diversified by Emily so she will be allowed 25 % of investment to diversify in the current year which comes to $250,000 ($1,000,000* 25%). Thus the answer is $250,000.
7 0
3 years ago
Abardeen Corporation borrowed $90,000 from the bank on October 1, 2016. The note had an 8 percent annual rate of interest and ma
djyliett [7]

Answer:

A) $0, no cash paid in 2016, both interest and principal were paid on March 31, 2017.

B) = [($90,000 x 8%) / 12] x 3 months = ($7,200 / 12) x 3 = $600 x 3 = $1,800

C) = $90,000 + $1,800 = $91,800

D) = ($600 x 6 months) + $90,000 = $3,600 + $90,000 = $93,600

E) = $600 x 3 months = $1,800

3 0
3 years ago
What are 2 different payments relating to insurance that are used for almost all kinds of insurance?
algol [13]

Answer:

family insurance and life insurance

4 0
3 years ago
Suppose a commercial bank has checkable deposit of $100,00 and the legal reserve ratio is 20 percent. If the bank's required and
PIT_PIT [208]

Answer:

C

Explanation:

6 0
3 years ago
What’s the present value of a $900 annuity payment over five years if interest rates are 8 percent? (Do not round intermediate c
MAXImum [283]

Answer:

$3,593.44

Explanation:

The present value (P) of an annuity payment (A) at an annual rate 'r', compounded annually over of period of 't' years, is given by:

P=A*\frac{1-(1+r)^{-t}}{r}

If payments are $900 each at an 8 percent rate for five years, the present value is:

P=900*\frac{1-(1+0.08)^{-5}}{0.08}\\P=\$3,593.44

The present value of the annuity payment is $3,593.44

6 0
3 years ago
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