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lakkis [162]
3 years ago
15

William is a single writer (age 35) who recently decided that he needs to save more for retirement. his 2017 agi is $65,000 (all

earned income). (leave no answer blank. enter zero if applicable.)
a. if he does not participate in an employer-sponsored plan, what is the maximum deductible ira contribution william can make in
Business
1 answer:
saw5 [17]3 years ago
5 0

$5,500

This is the maximum deductible contribution for people under 50 in 2016, 2017, and 2018 tax years. (For people 50 and over, the max deductible  is $6,500)

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You hurt your back at work by falling of a ladder and are out of work for a month
elixir [45]

Answer:

Uh, of course I'm not at work! I brutally broke my back. Ouch.

8 0
4 years ago
Jim is in the market for a car that will last for the next 10 years and has saved up some money for the purpose of a car. What’s
Ivanshal [37]

The best transportation option for Jim is C. Utilizing his saving as a down payment and buying the car using an auto loan.

<h3>Further explanation </h3>

Auto loan is a loan secured for the expressed purpose of purchasing a car. We can save money by paying off your car loan early. Because we are most likely more than halfway through our loan, most of our payment is currently going toward the principal.

There are four basic building blocks of a car loan:

1. Loan Cost : the principal and the interest. The principal is the negotiated cost of the vehicle itself.  The interest refers to the total amount of the costs accrued over the life of the loan based on the principal amount and the stated interest rate.

2. Interest Rate : a basic rate charged to the borrower for the money loaned.

3. Down Payment : an upfront amount of cash paid by the borrower at the time of the purchase of the vehicle.

4. Terms and Conditions : all of the other items that make up a car loan, including the term of the loan, normally stated in a number of months or years; insurance and registration requirements; loan payoff and resale terms;  etc

<h3>Learn more</h3>
  1. Learn more about auto loan of car brainly.com/question/12389122
  2. Learn more about Leasing car brainly.com/question/3068511
  3. Learn more about Renting car brainly.com/question/11856182

<h3>Answer details</h3>

Grade:  9

Subject:  business

Chapter:  car

Keywords:  the market for a car, money,  the best transportation option, saving, auto loan.

5 0
3 years ago
Read 2 more answers
According to the capital asset pricing model (CAPM), a capital budgeting project that has a beta equal to zero should be evaluat
lara [203]

Answer:

a. True

Explanation:

from the CAPM formula we can derive the statemeent as true.

Ke= r_f + \beta (r_m-r_f)

risk free = 0.05

market rate = 0.12

premium market = (market rate - risk free) 0.07

beta(non diversifiable risk) = 0

Ke= 0.05 + 0 (0.07)

Ke 0.05000

As the beta multiplies the difference between the market rate and risk-free rate a beta of zero will nulify the second part of the equation leaving only the risk-free rate. This means the portfolio is not expose to volatility

6 0
3 years ago
Which certificate is the lowest level certification that a personal finance manager requires to sell mutual funds, trusts, and v
Law Incorporation [45]

Which certificate is the lowest level certification that a personal finance manager requires to sell mutual funds, trusts, and variable annuities?

The answer is option B - series 6 certificate.

The series 6 certificate helps an individual to purchase or sell mutual funds, variable life insurance, municipal fund securities, variable annuities and unit investment trusts.

3 0
4 years ago
Read 2 more answers
MTH Bank has given the McKelvey's a written pledge to lend $250,000 on a new construction home, for 30 years, at 6.53%. The McKe
ra1l [238]

Answer:Conditional approval

Explanation:This is a loan that has been approved but there are still conditions which are still pending that need to be met such as some outstanding documents or other conditions such as in this case they still need to take this pledge to the subdivision sales agent.

8 0
3 years ago
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