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The $2000 contribution to an IRA should be treated as an An adjustment to income in arriving at adjusted gross income.
<h3>The reason Hall has to go with this option</h3>
The individuals that are not in a retirement plan of a company have the option of deducting their cash contributions to their own retirement accounts.
They are able to do this given that the money is 6000 dollars or a hundred percent of their gross income.
Taxes are not paid on interest in this type of account till the earnings from the retirement plan is distributed.
Read more on deductibles here: brainly.com/question/5306277
Answer:
$912.68
Explanation:
Particulars Time PVF at 9.9% Amount Present Value
Cash Flows (Interest) 1.00 0.9099 79.00 71.88
Cash Flows (Interest) 2.00 0.8280 79.00 65.41
Cash Flows (Interest) 3.00 0.7534 79.00 59.52
Cash Flows (Interest) 4.00 0.6855 79.00 54.15
Cash Flows (Interest) 5.00 0.6238 79.00 49.28
Cash Flows (Interest) 6.00 0.5676 79.00 44.84
Cash flows (Maturity) 6.00 0.5676 1,000.00 <u>567.60</u>
Intrinsic Value of Bond or Current Bond Price $<u>912.68</u>
Thus, the Current bond price is $912.68
Answer:
<u><em>But where do we go from here? </em></u>
It depends on the result of more government intervention on quality life standards.
<u><em>Do we need less or more government involvement? </em></u>
It depends on the problems that need to be addressed. For example, to address problems such inequality it is mandatory that the government gets involve and create laws to prevent it. But surely for more movement of capitals there is no need of higher government involvement.
<u><em>Is it a question of the quality of that involvement? </em></u>
Yes. If government has an effective involvement there is even desirable to have its intervention but if it complicates everything then is repeled.
<u><em>Could it be smarter rather than just less? </em></u>
Yes, because it is proved that the economy acts in an effective way to good policy making.
<u><em>How can the cost of government involvement decrease?</em></u>
In this aspect it is important to mention the environmental issues in nowadasy economy. If the measurement of what is defined as "cost" is understand in the long run as conservation and balance between nature and economic explotation of resources.
