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Eva8 [605]
3 years ago
15

How do you know if you are eligible to open and make contributions to a Roth IRA?

Business
1 answer:
Whitepunk [10]3 years ago
7 0

Answer:

The correct answer is letter "B":You have to earn below a certain amount to make contributions .

Explanation:

A Roth Individual Retirement Account (IRA) is the type of retirement account where contributions grow tax-free and allows individuals to withdraw funds under certain conditions. <em>People are eligible to open a Roth IRA as long as their income is less than $139,000 for singles and $206,000 for married couples- </em>information that applies for the year 2020.

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B. would be my best guess, (it's not D.)
7 0
4 years ago
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n an​ economy, the​ working-age population is 400 million. Of this​ total, 320.0 million workers are employed. 12.0 million work
MatroZZZ [7]

Answer: 83%

Explanation:

The Labour Force Participation Rate is a measure that checks the activeness of a nation's workforce.

It is calculated by dividing the segment of the population that are either working or ACTIVELY seeking employment by the total number of working age people in the economy that are not in prison.

It is assumed that unemployed people are Actively seeking employment.

In the above scenario therefore, the active population are,

= (320 million employed + 12 million unemployed )/400 million

The rest of the population are either unavailable for work or not actively seeking employment.

= 332/400

= 0.83

= 83%

The labor force participation rate in this economy is 83%

3 0
4 years ago
Upper management is considering using a biodegradable packaging which costs $5 more per unit but it produces less waste in the l
bonufazy [111]

Answer:

Check the explanation

Explanation:

Please the answer to this question is in the attached file

You can confirm the answer by planning income statement with the calculated amount of unit so that whenever you’re through with the calculation, you must get an income figure of 240000. As the amount of units are in decimal so +/- of small number could be possible like you will get the operating income of 240005 if you put 13077 units .

4 0
3 years ago
When it comes to market sizing, things tend to be a bit __________ for b2b sellers compared to b2c sellers.
snow_tiger [21]

In relation to market sizing, matters tend to be a bit simpler for b2b sellers as compared to b2c dealers.

The "marketplace sizing" is made from the entire wide variety of capacity shoppers of a service or product inside a given market, and the entire revenue that these sales might also generate. it's crucial to calculate and understand marketplace size for several reasons.

Market sizing research affords insights into market funding decisions and ambitions to discover the ability of a marketplace in terms of length and profitability.

Everyday market length (NMS) is the minimum range of stocks that market makers ought to deal with in a transaction for that specific stock at a specific charge. normal market length way that there may be an assured bid and offer in the inventory to maintain expenses and trades flowing.

Learn more about market sizing here: brainly.com/question/13859545

#SPJ4

4 0
2 years ago
On January 15, 2020, Dolan Corp. adopted a plan to accumulate funds for environmental improvements beginning July 1, 2024, at an
Andreyy89

Answer:

Annual deposit (PMT) = $1,567,060.39

Explanation:

Given:

Future value of annuity due = $8,000,000

Rate of interest(r) = 10% = 0.1

Number of year (n) = 4 year

Annual deposit (PMT) = ?

Computation of annual deposit :

Future\ value\ of\ annuity\ due = PMT [\frac{(1+r)^n-1}{r} ](1+r)\\\\8,000,000 = PMT [\frac{(1+0.1)^4-1}{0.1} ](1+0.1)\\\\8,000,000 = PMT [\frac{(1.1)^4-1}{0.1} ](1.1)\\\\8,000,000 = PMT [\frac{(0.4641}{0.1} ](1.1)\\\\8,000,000 = PMT [5.1051]\\PMT = 1,567,060.39

Annual deposit (PMT) = $1,567,060.39

6 0
3 years ago
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