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KiRa [710]
3 years ago
10

What is one of the main differences between a 401(k) and a Roth 401(k)

Mathematics
2 answers:
Leviafan [203]3 years ago
8 0

Answer:

Contributions are taxed differently Apex

Step-by-step explanation:

Dennis_Churaev [7]3 years ago
3 0
The difference between a 401(k) and a Roth 401(k) is that 401(k) is the income taxes on distribution whereas the Roth 401(k) is the income taxes on contribution.
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2 years ago
p borrowed Rs. 16000 from a person at 12 % per Annum simple interest and lent the whole amount to Q at the same rate of annually
hichkok12 [17]

Answer:

P earned $ 718.85.

Step-by-step explanation:

Given that P borrowed $ 16000 from a person at 12% per annum simple interest and lent the whole amount to Q at the same rate of annually compound interest, to determine how much did he gain after 3 years the following calculation must be performed:

16,000 x 0.12 x 3 = X

1,920 x 3 = X

5,760 = X

16,000 x (1 + 0.12 / 1) ^ 3 = X

16,000 x 1.12 ^ 3 = X

16,000 x 1.404928 = X

22,478.85 = X

22,478.85 - 16,000 = 6,478.85

6,478.85 - 5,760 = X

718.85 = X

Therefore, P earned $ 718.85.

5 0
3 years ago
Evaluate 5x – 2y + (7x – y) for x = 7 and y = –2
Lynna [10]

Answer:

90

Step-by-step explanation:

5x – 2y + (7x – y)

Combine like terms

12x -3y

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90

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2 years ago
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