Answer:
$0
Explanation:
The credit rate for retirement savings depend upon several factors. General credit rates are 10%, 20% and 50%.
In case of a couple married and filing jointly the credit rate in case of modified AGI being more than $63,000 = $0.
The limit of $63,000 is revised to $64,000 in year 2019, and further revised to $65,000 in year 2020.
Here, in the given case the contribution credit rate = 0% as the AGI in case of joint filing is more than $65,000 as for year 2020.
Thus, retirement savings contribution credit = $2000 
0% = $0.
In my further research and understanding, the amount P that is invested now to allow withdrawals of $900 per year for the next 13 years and to permit $320 to be withdrawn is $100. I hope you are satisfied with my answer and feel free to ask for more if you have questions and further clarifications
Answer:
a. revenue (R), affecting owner's investment (I)
b. not affecting owner's equity (NOE)
c. expense (E) and affecting owner's investment (I)
Explanation:
Revenues and Expense form Profits which are included in the statement of changes in equity through the Retained Income line item, thus these two also affect owners investment.
The correct option is D.
To progress in life and to achieve one's desires one has to set short and long term achievable goals which will drive one toward one's desires.
The goals should be very specific and it must has a time frame, it must be an achievable goal whose achievement will drive you towards achieving a greater one.<span />
