1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
elena55 [62]
3 years ago
14

What is the maximum amount a 45-year-old taxpayer and 45-year-old spouse can put into a Traditional or Roth IRA for 2019 (assumi

ng they have sufficient earned income, but do not have an income limitation and are not covered by another pension plan)?
Business
2 answers:
puteri [66]3 years ago
8 0

Answer:

If you are single, head of household or married filing separately, your contribution limit of $5,500 begins to phase out when your modified AGI reaches $61,000 and is zero beginning at $71,000. If you are married, filing jointly, or a qualified widow or widower, your contribution limit of $5,500 begins to phase out when your modified AGI reaches $98000 and is zero beginning at $118,000. So since they dont have an income limitation and are not covered by another pension plan, they both should be able to contribute $5,500 for a combined result of $11,000 to a Roth IRA

exis [7]3 years ago
4 0

Answer:

12000.00

Explanation:

You might be interested in
Ace Products has a bond issue outstanding with 15 years remaining to maturity, a coupon rate of 7.4% with semiannual payments of
frutty [35]

Answer:

Current yield is 6.17%

<em>YTD is 5.43%</em>

<em>YTC is 4.26%</em>

Explanation:

Tenor: 15 years

-> number of payment (NPer) is 30 (= 15 years * 2 for semiannual)

Coupon rate: 7.4%

- > semiannual payments (PMT): $37 = ($1000*7.4%/2)

Future value (FV): $1000

Present value (PV): $1200

Current yield = annual coupon/ current price = $37*2/$1200 = 6.17%

<u>Extra: </u>

We use excel to calculate  yield to date (YTD) or nominal yield:

= Rate(Nper, PMT, - PV,FV) = Rate(30,37,-1200,1000) = 2.717% semiannual

-> annual rate is 5.43%

The bond issue is callable in 5 years at a call price of $1,074, then FV is $1074

Yield to call = rate(10,37,-1200,1074) = 2.13% semiannual

-> annual rate is 4.26%

5 0
3 years ago
Drag the tiles to the boxes to form correct pairs.
Katyanochek1 [597]

Answer:

The customer returned the shirt, because the athlete’s team number was incorrect - Purchasing Department

The concert venue store ran out of packaging supplies - Production Department

The band’s performance was well received in the market due to good promotional schemes - Marketing Department

The budget for the next year included an additional component for promoting improvements to the arena - Finance Department

Explanation:

Got right on plato

4 0
3 years ago
Where is a more popular place a thief would go to troy to steal your personal information?
pantera1 [17]
A cafe or restaurant with a free unprotected network
6 0
3 years ago
The larger the coefficient of price elasticity of demand for a product, the: larger the resulting price change for an increase i
patriot [66]

Answer:

The correct answer is smaller the resulting price change for increase or rise in supply.

Explanation:

Coefficient of price elasticity is the one which is defined as measuring or evaluating the elasticity of price of the demand in coefficient. In retaliation to the change or variation in the price, demand for the product could be inelastic, elastic, perfectly inelastic or the perfectly elastic grounded on the coefficient.

When the coefficient of price elasticity of demand for the product is larger, then it will result in the smaller price change for the rise or increase in the supply.

5 0
3 years ago
"when acquiring and integrating it systems, senior it professionals must pay attention to the business value of it because…"
Rom4ik [11]
<span>When acquring and integrating IT systems, senior professional must pay attention to the business value of it because most companies today cannot afford to invest in IT systems unless they serve the purpose to increase the equity of the company as well. If senior professionals do not pay attention to the details of the monetary value of acquring and/or integrating IT systems, no one else will. It is imperative that senior professional take this task very seriously.</span>
3 0
3 years ago
Other questions:
  • On January 1, JC Co. accepted a 60-day, 6%, note in the amount of $10,000 from a customer. On March 2, the due date of the note,
    10·1 answer
  • Keynes advanced the position that capitalism works best when
    15·1 answer
  • 9. Gallagher is planning on
    12·1 answer
  • Avi sells paint to shops that repair wrecked vehicles. when avi called on elwood body shop, he wanted to sell the body shop owne
    15·1 answer
  • Informal organization suggests that cliques and other social groups can affect employee behavior.a. Trueb. False
    5·1 answer
  • Journalize the following transactions of Trapper Jon’s Productions. Assume 360 days in a year.
    12·1 answer
  • Which of the following is an example of a substitute for leadership within an organization?
    13·1 answer
  • It is possible to succeed in practicing business etiquette by simply ______. A. Being courteous and thoughtful b. Sticking to yo
    12·1 answer
  • The types of companies that make particularly attractive acquisition targets would be:_______
    9·1 answer
  • the two types of shopping products are: group of answer choices unsought and convenience generic and family exclusive and intens
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!