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A tax-differed retirement account is used for taxpayers to postpone paying taxes on the money invested until it is withdrawn (usually after retirement).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

Which equation justifies why 9 1/3 = 3 square root of 9?

kozerog [31]

Answer: answer is A

Step-by-step explanation:

8 0

3 years ago

The balance of an account earning compound interest is found using the formula A=p(1+r)t , where p is the principal (the amount

Nataly [62]

Hi there

A=1,000×(1+0.08)^(6)
A=1,586.87

5 0

3 years ago

If F(x)=4x-1 and g(x)=x^2+7, what is g(f(x))

VashaNatasha [74]

Answer

$g(f(x)) = = 16 {x}^{2} - 8x + 8$

step by step Explanation

The functions given are

$f (x)= 4x- 1$

$g(x)= {x}^{2} + 7$

We want to find:

$g(f (x))= g( 4x- 1)$

This implies that

$g(f (x))= ( (4x- 1)^{2} + 7)$

Let us now simplify

$( {a - b)}^{2} = {a}^{2} -2ab + {b}^{2}$

This implies that

$( (4x- 1)^{2} + 7) =( {(4x)}^{2} - 2(4x) \times 1 + 1$

Combine the terms to get,

$= 16 {x}^{2} - 8x + 1 + 7$

$= 16 {x}^{2} - 8x + 8$