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

Last year, Forest Products issued both 5-year and 10-year bonds at par. The bonds each have a coupon rate of 5.5 percent, paid s

Anna007 [38]

Answer:

Price at issuance is $1,000 for both bonds.

Price of the 5 year bond after the market rate increased to 7.4% is:

PV of face value = $1,000 / (1 + 3.7%)⁸ = $747.77

PV of coupon payments = $27.50 x 6.81694 (PV annuity factor, 3.7%, 8 periods) = $187.47

Market price = $935.24

this bond's price decreased by 64.76/1,000 = 0.06476 = 6.48%

Price of the 10 year bond after the market rate increased to 7.4% is:

PV of face value = $1,000 / (1 + 3.7%)¹⁸ = $519.97

PV of coupon payments = $27.50 x 12.97365 (PV annuity factor, 3.7%, 18 periods) = $356.78

Market price = $876.75

this bond's price decreased by 123.25/1,000 = 0.12325 = 12.33%

5 0

3 years ago

Which of the following items is included in Japanâ€™s GDP? A. the estimated value of production accomplished at home, such as ba

noname [10]

Answer:

D) None of the above is included in Japanese GDP.

Explanation:

A country's GDP includes the value of all the finished and legal goods and services produced in an economy during one year.

GDP = consumption + investment + government spending + net exports

Vegetables and fruits grown and consumed by an individual are not included in the GDP, unless they sell them to someone else.
Illegal goods ans services are not included in the GDP.
Imports, foreign products sold in a domestic market, lower the GDP since they lower net exports.

8 0

3 years ago

Mischa wants to buy a home. She has looked at the housing market. Now she needs to find a__________ to become_______ for a mortg

Amiraneli [1.4K]

its lender then prequalified just took the test

3 0

3 years ago

Read 2 more answers

A turnkey project includes Multiple Choice government investment. construction up to but not including actual production. direct

Tema [17]

A turnkey project includes construction up to but not including actual production. Option B. This is further explained below.

<h3>What is construction?</h3>

Generally, construction is simply defined as the process of erecting a building.

In conclusion, The building process, but not the manufacturing itself, is included in a turnkey project.

Read more about construction

brainly.com/question/8606089

#SPJ1

3 0

2 years ago

Charles Berkle is the manager of Nogain Manufacturing and is interested in doing a cost of quality analysis. The following cost

Georgia [21]

Explanation:

a. The classification is shown below:

Prevention cost: This cost incurred so that the faults, or defects could be minimized as compare to before. It includes the machine maintenance expense i.e $3,000

Appraisal cost: This cost incurred specially to meet the quality of the customer expectations. It is a quality control cost. It includes the inspection cost of $15,000

Internal failure: This cost is occurred before delivery the product from the factory. It includes Scrap and rework of $8,600 and Machine breakdown cost of $4,000

External failure: This cost is occurred after delivery the product. It includes the warranty expense of $21,000, product return due to defects of $6,000 and Estimated lost sales due to poor quality of $5,000

b. Now the percentage is

= (Prevention and appraisal cost) ÷ (Sales revenue) × 100

= ($3,000 + $15,000) ÷ ($250,000) × 100

= 7.2%

c. The percentage is

= (Internal and external failures) ÷ (Sales revenue) × 100

= ($8,600 + $4,000 + $21,000 + $6,000 + $5,000) ÷ ($250,000) × 100

= 17.84%

Below is the attachment for cost of quality report

7 0

3 years ago