All categories

3 years ago

What is the purpose of tax-differed retirement accounts

1 answer:

7 0

Answer: A tax-differed retirement account is used for taxpayers to postpone paying taxes on the money invested until it is withdrawn (usually after retirement).

Step-by-step explanation:

Basically, a tax-differed retirement account is an account saved up in your bank, so when you retire you still have money even with no job.

You might be interested in

Pete is a politician. He claims that 32% of the households in his district have total household incomes below the poverty level.

victus00 [196]

Answer:

$z=\frac{0.3867 -0.32}{\sqrt{\frac{0.32(1-0.32)}{225}}}=2.145$

For a bilateral test the p value would be:

$p_v =2*P(z>2.145)=0.0320$

Step-by-step explanation:

Information given

n=225 represent the sample selected

X=87 represent the households with incomes below the poverty level

$\hat p=\frac{87}{225}=0.3867$ estimated proportion of households with incomes below the poverty level

$p_o=0.32$ is the value that we want to test

z would represent the statistic

$p_v$ represent the p value

System of hypothesis

We want to check if the true proportion is equal to 0.32 or not.:

Null hypothesis: $p=0.32$

Alternative hypothesis: $p \neq 0.32$

The statistic is given bY:

$z=\frac{\hat p -p_o}{\sqrt{\frac{p_o (1-p_o)}{n}}}$ (1)

Replacing we got:

$z=\frac{0.3867 -0.32}{\sqrt{\frac{0.32(1-0.32)}{225}}}=2.145$

For a bilateral test the p value would be:

$p_v =2*P(z>2.145)=0.0320$

4 0

4 years ago

N is the set of integers that are greater than - 3 and less than 2.

Schach [20]

The given set is {-1,0,1,2,3,4,5}
(notice the -2 and 6 are excluded)

the subset which contain positive factors of 5 is {1,5}

so the complement set would be
{-1,0,2,3,4) which matches with b)

4 0

3 years ago

Gnesinka [82]

Answer:

Step-by-step explanation:

3 0

3 years ago

Read 2 more answers

Jessica works at a nearby electronics store. She makes a commission of 9% on everything she sells. If she sells a laptop for $37

Cloud [144]

You have to do 0.09 x 378.00 and you will get 34.02.

So basically the answer is 34.02

6 0