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Fantom [35]
3 years ago
6

Lorinda has started to think about saving for retirement. She reads a recommendation that says she should save at least 3/10 of

her income because she is over 40 years old. Lorinda makes $44,000 a year. How much should she save in one year according to this recommendation
Business
1 answer:
Bumek [7]3 years ago
3 0

Answer:

          \large\boxed{\large\boxed{\$ 13,200}}

Explanation:

This is an algebra question about fractions.

You need to find 3/10 of the income, and the income is $44,000.

You must muliply the fraction 3/10 by the $44,000 income.

To multily one fraction by a whole number you convert the whole number to a fraction with denominator 1. Then multiply numerator with numerator and denominator with denominator. This is how:

                     \dfrac{3}{10}\times \dfrac{\$ 44,000}{1}=\dfrac{3\times \$ 44,000}{10}=\\\\\\=\dfrac{\$ 132,000}{10}=\$ 13,200

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Answer:

The correct answer is A. What goods will be​ produced, how will they be​ produced, and who will receive the​ goods?

Explanation:

- Questions about what goods and services should be produced have always overwhelmed entrepreneurs. There are very few guarantees that a new product, once it has entered the market, has in the case of a country and from an economic point of view, this question should be asked about the resources available instead of asking about some specific product.

- Knowing what is produced is half the battle won, but knowing how it is produced is the most important thing. This idea encompasses much more than the infrastructure and resources available.

Again, in developed economies the problem lies mainly with companies, but in many cases, companies depend on the government to create these conditions.

- If nobody buys the product, it makes no sense that it is produced. In a modern economy, thanks to communications, companies do not start to produce something until they are sure that there is a market that will buy it, but sometimes a company's product does not achieve success exactly like that. Therefore, the definition and importance of the economy must be taken into account, so future evils will be avoided.

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4 years ago
What is the purpose of a lien when you get a secured loan?.
Alex73 [517]

Answer:

If you have trouble paying the loan, the lender can put a lien on the collateral (a lien is the legal term for the lender's claim to the borrower's collateral.) The lender can keep the lien active until the loan is fully paid. At that point, the lien is lifted, and the collateral ownership reverts back to the borrower.

Explanation:

4 0
3 years ago
You need to have $35,000 on hand to buy a new Lexus five years from today. To achieve that goal, you want to know how much you m
Minchanka [31]

Answer:

:(A) present value factors

Explanation:

Given that you  need to have $35,000 on hand to buy a new Lexus five years from today. To achieve that goal, you want to know how much you must invest today in a certificate of deposit guaranteed to return you 3% per year.

i.e. we have to calculate how much to invest when we want to have 35000 dollars on hand after 5 years from today.

Rate is given as 3% per year.

So we have to find the present value factor

The formula used is if P is to be invested

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So P = 35000 (1.03)^(-t)

Thus we are calculating present value factor

Answer is

:(A) present value factors

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3 years ago
The _____ premium is that portion of the bond yield that represents compensation for potential difficulties that might be encoun
xz_007 [3.2K]
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3 years ago
Read 2 more answers
the following payoff matrix is for two players, each with two strategies: what is player 2's dominant strategy in this game? alw
barxatty [35]

Player 2 does not have a dominant strategy in this game.

What is dominant?
To be dominant is to exercise power. One male wolf in a pack engages in combat with the others, prevails, and rises to the position of leader. Dominus, which means "lord or master" in Latin, is where the word dominant originates. This is one of many names for God that you may be familiar with if you attended a Latin mass as a child. If you treat others as though you are their master, you are dominant. The word dominant can also be used to describe something frequent as well as typical. For instance, making calls was the primary function of cell phones when they first became available. Some people hardly ever make calls on their cell phones because they can do so much more now.

A dominant strategy is one that provides the best outcome regardless of what strategies the other player chooses. In this game, if Player 1 cooperates, then Player 2's best strategy is to also cooperate. However, if Player 1 cheats, then Player 2's best strategy is to cheat. Therefore, Player 2 does not have a dominant strategy because the best strategy depends on what Player 1 does.


To learn more about dominant
brainly.com/question/28326325
#SPJ4

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