All categories

3 years ago

When might be the best time to start saving for retirement?

Business

2 answers:

Delvig [45]3 years ago

7 0

It would be d bc it not everyone does all of the things they are saying

AVprozaik [17]3 years ago

4 0

The answer is: C. at the earliest possible date.

People have different situations, income level, and expenditures. So, it is extremely hard to put an exact criteria to start saving for retirement.

You need to start to save for retirement as soon as you achieve economic stability no matter when it is. As a general guideline, economic experts categorized you as financially stable if you can save up 20% of your income after paying all of your expenses.

You might be interested in

As referred to in the NSMIA, the term "covered security" would apply to

koban [17]

Answer:

Correct Answer:

C) I and IV

Explanation:

In stock market, any security equal or senior to one listed on the NYSE is a covered security. Because, it is guaranteed by a Federal law. Municipal bonds are a covered security except in their state of issuance. On the other-hand, Pink Sheet and OTC Bulletin Board securities are not considered covered.

5 0

3 years ago

Ace Leasing acquires equipment and leases it to customers under long-term sales-type leases. Ace earns interest under these arra

raketka [301]

Answer:

The lease payment will be for $ 113,751.173 during 5 years beginning at the moment the lease is signed

Explanation:

First, we discount the payment at the end of the lease

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity $150,000

time 5 years

rate 0.06

$\frac{150000}{(1 + 0.06)^{5} } = PV$

PV 112,088.7259

Now we subtract form the 620,000 to know the amount to be perceived form the lease payment:

620,000 - 112,089 = 507.911‬

Now we solve the PMT which makes the annuity-due of 5 payment at the beginning of the period:

$PV \div \frac{1-(1+r)^{-time} }{rate} (1+r)= C\\$

PV $507,911.0000

time 5

rate 0.06

[tex ]507,911 \div \frac{1-(1+0.06)^{-5} }{0.06}(+0.06) = C\\[/tex]

C $ 113,751.173

3 0

2 years ago

The total assets on the balance sheet was $128,800 before journalizing and posting the adjusting entries for $800 of expired ins

Tanya [424]

Given:

Total assets before journalizing and posting the adjusting = $128,800

Expired insurance = $800

Expired rent = $2,400

Depreciation = $900

To find:

Total assets after journalizing and posting the adjusting

Solution:

To determine the value of the total assets after journalizing and posting the adjustment, we have to subtract all the given values i.e, the expired rent, expired insurance and the depreciation values from the total assets before journalizing and posting the adjusting.

The calculation is as follows,

Total assets after journalizing and posting the adjusting

$\Rightarrow\$128,800 - \$800 - \$2,400 - \$900 = \$124,700$

Therefore, the required value of the total assets after journalizing and posting the adjusting is $124,700.

8 0

3 years ago

A business received an offer from an exporter for 10,000 units of product at $13.50 per unit. The acceptance of the offer will n

OverLord2011 [107]

Answer:

Effect on income= $15,000 increase

Explanation:

Giving the following information:

A business received an offer from an exporter for 10,000 units for $13.50 per unit.

Unit manufacturing costs:

Variable 12

Because it is a special offer and there is unused capacity, we will not take into account the fixed costs.

Effect on income= number of units*unitary contribution margin

Effect on income= 10,000*(13.5 - 12)

Effect on income= $15,000 increase

4 0

2 years ago

What is the maximum days supply of isotretinoin that may be dispensed per prescription?.

soldi70 [24.7K]

30-days is the maximum days supply of isotretinoin that may be dispensed per prescription.

Prescription is a health practitioner's written course for the medicine that a person wishes and the way it's miles for use, or the medicine itself: The doctor gave me prescriptions for antibiotics and cough syrup.5 days ago.

1- simple prescription: those written for a unmarried component or prefabricated product and no longer requiring compounding or admixture by way of the pharmacist. 2- Compound or complicated prescription: the ones written for greater than a unmarried factor and requiring compounding.

Learn more about prescription here:brainly.com/question/1392739

#SPJ4

6 0

1 year ago