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Artyom0805 [142]
2 years ago
5

Mike is saving his emergency funds in an IRA account. Is his strategy a good one? Select the best answer from the choices provid

ed.
A. Yes, because IRAs have tax advantages over regular bank accounts.
B. Yes, because IRAs usually earn more than savings accounts.
C. No, because only employers can contribute to IRA accounts.
D. No, because some funds cannot be withdrawn from IRA accounts without paying penalties.
Business
1 answer:
alexandr402 [8]2 years ago
4 0

The answer to your question is:

- A. Yes, because IRAs have tax advantages over regular bank accounts.

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Yasmine plans to attend a four-year public university. She expects she will need to contribute $9,000 annually to her education.
mojhsa [17]
It is D. There are 12 months in a year and she needs to save atleast 9,000. 
600x12=7,200
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7 0
2 years ago
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GDP is the: national income minus all non-income charges against output. monetary value of all final goods and services produced
olasank [31]

Answer:

The correct answer is: monetary value of all final goods and services produced within the borders of a nation in a particular year.

Explanation:

GDP of a nation can be defined as the monetary value of all the goods and services that are produced within the geographical boundaries of the nation in a year.

The GDP does not include intermediate goods and services as it may lead to double counting. The reselling of objects is also not included.

It is used to measure the health of a nation's economy. It shows the level of economic activities in a nation. An increase in GDP means economic growth.

6 0
3 years ago
What device is required to connect to the internet
ollegr [7]

Usually the router whether internal or external is the device you are asking about

3 0
3 years ago
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The account that is brought up to date after the closing entries have been journalized and posted is the ____.
yanalaym [24]

Complete/Correct Question:

The account that is brought up to date after the closing entries have been journalized and posted is the ____.

A. Sales account

B. Purchases account

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Answer:

D, retained earnings account

Explanation:

Retained earnings can be defined as the accumulated income of a firm, that is retained by firm, after a certain period of time. After a certain time could be after the reporting period.

Simply put, retained earnings can be said to be the amount of income that a firm keeps after a period such as declaring financial reports.

The retained earnings is always reported and recorded in the stakeholder's equity and the company's balance sheets respectively. Retained earnings signify or represent how much of its profits a firm has reinvested itself.

Cheers.

5 0
2 years ago
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zhuklara [117]
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5 0
3 years ago
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