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kicyunya [14]
3 years ago
8

Alexis is choosing between a job in the National Parks Service, which offers a pension plan, and a forestry contracting job with

a 401(k) plan. Why would Alexis choose the 401(k) plan over the pension plan?
Business
1 answer:
liraira [26]3 years ago
3 0
One advantage of the 401(k) plan over the job with the pension plan is that a pension plan is dependent on the employer in a specific way in which if the employer announced bankruptcy, the company is no longer required to pay the pensions. A 401(k) gives more security to the employer as it protects them from this situation.
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Muhammad, a 21-year old computer engineer, is opening an individual retirement account (IRA) at a bank. His goal is to accumulat
zavuch27 [327]

Answer:

The first annual depoisit will be of 3,373.49 dollars

Explanation:

Given the formula for future growing annuity

we need to solve for the yearly payment:

grow rate:  0.04

annual effective rate: 8% compounding semiannually:

(/1+0.08/2)^2-1 = r_e\\

r= 0.0816

FV 2,500,000

n 46

<em><u>Formula for future value fo an ordinary annuity:</u></em>

C_0 \times \frac{(1+r)^n-(1+g)^n}{r-g}  = FV

C_0 \times \frac{(1+0.0816)^{46}-(1+0.04)^{46}}{0.0816-0.04}  = 2,500,000\\C_0 = $3,373.4855

The first annual depoisit will be of 3,373.49 dollars

3 0
3 years ago
The United Kingdom currently has a trade deficit with New Zealand. If the U.K. pound sterling appreciates relative to the New Ze
monitta

The correct answer to the given question is that the trade deficit would increase since with the appreciating pound means <em>more goods will be imported</em> from New Zealand.

Based on the given question, we are asked to show the effects of the trade deficit between New Zealand and UK based on the appreciation of the pound sterling relative to the New Zealand dollar.

With this in mind, we are aware that when there is a strong domestic currency, then it would encourage more imports and hamper exports, therefore, the trade deficit will increase, since an appreciating pound means more goods will be imported from New Zealand.

Therefore, the correct answer is option D

Read more about trade deficit here:

brainly.com/question/24473707

4 0
2 years ago
A landlord will usually check your credit report before renting an apartment to you.
Vlada [557]
It is true that a landlord will check your credit report before renting to you.
5 0
3 years ago
Read 2 more answers
If the fed believes the economy is about to fall into​ recession, it should
Otrada [13]
<span>If the Fed believes the economy is about to fall into​ recession, it should use an expansionary monetary policy to lower the interest rate and shift AD to the right. When using an expansionary monetary policy a central bank will use its tools to stimulate the economy. They increase the supply of money, lower interest rates and increase aggregate demand. 

</span>
5 0
3 years ago
The staffing policy that seeks the best people for key jobs throughout the organization, regardless of nationality, is called
Juli2301 [7.4K]

The question is incomplete:

The staffing policy that seeks the best people for key jobs throughout the organization, regardless of nationality, is called:

a. Ethnocentric staffing policy

b. Polycentric staffing policy

c. Geocentric staffing policy

d. None of the above

Answer:

Geocentric

Explanation:

-Ethnocentric staffing policy is when a business that has global operations seeks the people for key positions from the home country.

-Polycentric staffing policy is when a company seeks employees in the home country for positions in the headquarters and people from other places for the other offices abroad.

-Geocentric staffing policy is when a company seeks the best person for each position without considering the nationality or culture.

According to this, the answer is that the staffing policy that seeks the best people for key jobs throughout the organization, regardless of nationality, is called geocentric staffing policy because the company only focuses on the person that best fits the position without considering the nationality.

6 0
3 years ago
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