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3 years ago

List any two features of a 401(k) retirement plan.

Mathematics

2 answers:

zzz [600]3 years ago

6 0

Answer:

Employees can contribute to a retirement fund that the company invests on their behalf. In some cases, the employer also contributes to this fund.

Contributions to the plan are made on a pretax basis, which reduces the amount of your income subject to tax.

Many plans are portable, which means they can move with you even when you change jobs.

Most plans have penalties for early withdrawal (before 59.5 years old).

Step-by-step explanation:

answer on pluto

Aleksandr [31]3 years ago

5 0

Easy Engagement and Value

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4 years ago

Ask Your Teacher Consider a binomial random variable with n = 5 and p = 0.8. Let x be the number of successes in the sample. Eva

Readme [11.4K]

Answer:

0.942 is the required probability.

Step-by-step explanation:

We are given the following in the question:

x is a binomial random variable with n = 5 and p = 0.8.

Then,

$P(X=x) = \binom{n}{x}.p^x.(1-p)^{n-x}$

where n is the total number of observations, x is the number of success, p is the probability of success.

We have to evaluate:

$P(x \geq 3) = P(x = 3) + P(x = 4) +P(x=5)\\\\= \binom{5}{3}(0.8)^3(1-0.8)^2 +\binom{5}{4}(0.8)^4(1-0.8)^1 +\binom{5}{5}(0.8)^5(1-0.8)^0\\\\= 0.2048 +0.4096+0.3276=0.942$

0.942 is the required probability.

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4 years ago

What is the volume of a cylinder that has the height of 4 inches and radius of 7 inches?

nordsb [41]

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Step-by-step explanation:

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3 years ago

What is the greatest common factor of 16 and 40?

myrzilka [38]

Answer:

Step-by-step explanation:

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3 years ago