Answer:
less than $1 million.
Explanation:
According to my research, I can say that based on the information provided within the question this next change is likely to save less than $1 million. We can predict this since the first change saved $1 million but was a reduction of 3%, the second change is a reduction of 2% so it will most likely not reach 1$ million in savings
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Answer:
$22,897.74
Explanation:
Given:
Loan amount (P) = $22,000
rate (R) = 8% = 8/100=0.08/365 = 0.000219178082
Number of days(n) = 6 month = (6 x 365)/12 = 182.5
Total Amount = ?
Therefore, he have to pay $22,897.74 to the bank.
Referred to as a stock certificate, hope this helped!
In a traditional IRA there is either an equal or near to equal contribution made by employer. So, if $3,500 is to be invested let's assume that another $3,500 to be invested by employer with a total contribution (of 3500+3500=7000) the net contribution would be the same as the total contribution, tax rate is not given. Let's assume tax assume tax slab of 28%. Traditional IRS-matching contribution from employer Net contribution-$3,500+3,500=7,000 Roth IRA Assumption-Tax bracket of 28% Net contribution= amount invested minus tax=$3500 minus (28% on 3500)= $3500- $980=$2520 Hence net contribution is not of taxes in case of Roth IRA Once the traditional IRA or Roth IRA is established, you decide to invest the proceeds in a mutual fund. Identify the type of mutual fund you would select.
