Answer:
The answer is "Option D"
Explanation:
The first bit of wisdom can offer a consumer qualifying for a 401(k) program is to make regular donations to the program, especially when the business provides employee benefits, therefore the correct choice is to make direct payment donations to the 401(k) plan of both the employee at minimum to just the contributing amount of the employee.
Answer:
A. 85% stocks and 15% bonds/cash equivalents.
Explanation:
Being that Miguel is 25 years old, he has a very long time horizon over which his investments can grow. The fact that he has a low financial health means that he needs to adopt an aggressive investment strategy and that complements his high tolerance for risk. Investing majority of his assets should be in stocks since stocks are riskier than bonds and a small proportion in the latter. Therefore, 85% in stocks and 15% in stocks and cash equivalents would be ideal.
Answer:
c
Explanation:
four multiplied by tax percentage
Answer:
It will take 4 years 6 months.
Explanation:
Required here is the period, n for an investment to grow to $50,000 and this is calculated as follows :
Pv = - $15,000
Pmt = - $4,500
P/yr = 1
r = 12 %
Fv = $50,000
n = ?
Using a Financial Calculator, the period, n for an investment to grow to $50,000 is 4.50 or 4 years 6 months.
The answer is found on the Interstate Land Sales Full Disclosure Act in its first component which is the anti-fraud provision. Developers of 25 or more lots must arrange for each purchaser with a disclosure document referred to as a property report. The property report covers appropriate information about the real estate and must be delivered to each purchaser before the signing of the contract. Purchasers who received the property report earlier to signing the contract may withdraw the contract within seven days. Purchasers who did not receive the property report before signing the contract may cancel the contract any time within two years from the date of signing. The sale and purchase contract must clearly state the purchaser's right(s) to cancel.
