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faltersainse [42]
3 years ago
12

You are trying to determine how much money to save (invest) each year in your 401(k) Plan to fund your retirement in order to pa

y yourself 70% of your final salary each year (that increases with inflation).
Business
1 answer:
Klio2033 [76]3 years ago
7 0

Answer:

the money you will invest per year to fund 70% of your salary after retirement is given by,

\frac{401000}{100} X 70%=280 700.

Explanation:

you will need to save 280 700 in order to pay yourself 70% of 401 000.

since percentage is by 100, you will divide the salary by 100 and multiply the result by the new percentage.

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emmasim [6.3K]

Answer:

$462,094

Explanation:

Depletion expense is a charge against profits for the use of natural resources. It is calculated by multiply the number of consumed units of the natural resources by the cost per unit.

Cost per unit = Total cost / total number of units expected to be extracted = $5,300,000 / 32,000,000 = 0.165625

Depletion expense = Cost per unit x  extracted units =  0.165625 x 2,790,000 = $462,094

5 0
3 years ago
if the marginal tax rate is equal to the average tax rate as taxable incomme increases, the tax structure is
gregori [183]

Answer:

B) proportional

Explanation:

In the case of the proportional tax structure the marginal tax rate should be equivalent to the average tax rate without considering the high level of taxable income or low level of taxable income

Therefore in the given case, the tax structure should be proportional

hence, the correct option is B

And, the same is to be considered

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7 0
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PlastiPharm produces a foundational product that sits on a shelf until it is needed and added to another product. In reviewing t
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PlastiPharm would want to perform the additional testing because:

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The aggregate demand (AD) for finished commodities and facilities in the market at a certain time is aggregated. Strong demand is often named, but this term is often used in many ways. This is the market for a country's gross national product.

When the Fed sells debt in the international market, the world economy money supply is expanded by exchanging debt for cash from the general public. Instead, when the Fed sell bonds, the supply of money is reduced by cash being pulled out of the market in return for bonds. The Fed also sells bonds.

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