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anastassius [24]
3 years ago
11

401(k) accounts are those that are partially funded by employers using a portion of wages before tax: true or false?

Mathematics
1 answer:
olga nikolaevna [1]3 years ago
7 0

Answer:

FALSE

Step-by-step explanation:

It is false because 401(k) accounts are not funded by employer's wages but  <em>employees' </em>wages ; the latter voluntarily make contributions to a retirement account that is taken out of their wages before taxes . Employers on the other hand may partially or fully match a portion of these contributions.

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If you invest $100 into an account that earns 9% interest each year, how many years will it take for you to have $200?
Helga [31]
It does not say simple or compound interest.
Simple interest is rarely used these days, so assume compound.
Use the standard formula:
future value = present value*(1+rate/n)^(nt)
n=number of times interest is compounded per year (=1)
t=number of years
Plugging values,
200=100(1.09)^t
1.09^t = 2
take log
t(log(1.09))=log 2
t=log(2)/log(1.09)=0.6931/0.08618=8.04 years.
8 0
3 years ago
PLEASE HELP step by step
Katen [24]

Answer:

The length of the line segment is 10 units.

Step-by-step explanation:

Let us call the given two points: (x₁, y₁) = (2, -3) and (x₂, y₂) = (8, 5).

The distance between two points, d = $ \sqrt{(x_1 - x_2)^2 + (y_1 - y_2)^2} } $

Here, $ (x_1, y_1) = (2, -3) $ and

$ (x_2, y_2) = (8, 5) $

Therefore, distance, d = $ \sqrt{(8 - 2)^2 + (5 - (-3))^2 $

$ = \sqrt{6^2 + 8^2} $

$ = \sqrt{36 + 64} $

$ = \sqrt{100} $

= 10 units.

Hence, the answer.

3 0
3 years ago
What radical expression is not simplified?
rodikova [14]
B 2/10 is not simplified because you can divide each number by 2 reducing it to 1/5.
5 0
3 years ago
What to numbers can go into 72 and 45
ratelena [41]

Answer:

3 and 9

Step-by-step explanation:

3 * 24 = 72

9 * 8 = 72

3 * 15 = 45

9 * 5 = 45

8 0
3 years ago
Read 2 more answers
Seventh grade
alexandr402 [8]

Answer:

$690.86

Step-by-step explanation:

100% from the original cost is: 2 x 863.57 = $1,727.14

40/100 = X/1727.14 (40 percent is what of 1,727.40) (%/100 = is/of)

(40 * 1,727.14) / 100 = $ 690.86

6 0
2 years ago
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