An employer can offer a partial match on a Roth 401<span>(k), however the employer contribution must be placed into a regular 401(k). The employee contribution limit is the same as it is for a 401(k) plan — which is much more generous than for a </span>Roth IRA<span>.</span>
Answer:
The bond's yield to maturity is 11.26%
Explanation:
The computation of the yield to maturity is shown below:
Given that
Present value = PV = $1,216
Future value = FV = $1,000
NPER = 20 × 2 = 40
PMT = 1,000 × 14% ÷ 2 = $70
The formula is shown below:
= RATE(NPER;PMT;-PV;FV;TYPE)
After applying the above formula
The bond yield to maturity is
= 5.63% × 2
= 11.26%
Answer:
a. Not all SBA programs provide for $1.5 million in loans.
- This statement is correct since not every business is the same, some types of business will require larger amounts than others.
b. If you cannot get a bank loan with reasonable terms, the SBA has many different lending programs for which your business might be eligible.
- This is true, and the business loans have different amounts and requisites that fit into different categories.
d. The maximum amount available to your business will depend on the specific SBA program for which your business qualifies.
- This statement is correct since not every business is the same, some types of business will require larger amounts than others.
Explanation:
Answer:
Suppose you're in charge of establishing economic policy for this small island country.
Explanation: