1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
7nadin3 [17]
3 years ago
7

The customer is covered by a company defined benefit plan that will pay about $40,000 per year upon retirement at age 70. This c

ustomer wishes to maintain his current living standard upon retirement and intends on living in his current house. The customer will receive annual social security payments of about $8,000 per year. To meet the customer's goal of retiring in 10 years with an annual income of $72,000 per year, the best recommendation is to_______________.
Business
1 answer:
Alexeev081 [22]3 years ago
5 0

Answer:

Explanation:

Based on the scenario being described within the question it can be said that the best recommendation would be to invest $10,000 per year for the next 5 years in Treasury Bonds. Then in about 6-10 years when there are no more recurring mortgage payments to be made, follow that up by increasing the annual investment by another $10,800 per year.

You might be interested in
The website that was the primary catalyst for growing electronic government, and is the official U.S. gateway to all government
kobusy [5.1K]

Answer:

D

Explanation:

The website that was the primary catalyst for growing electronic government, and is the official U.S. gateway to all government information is the firstGov.gov. The website is now the USA.gov

The firstgov.gov website was created by the United States General Services Administration. Part of the reason for its creation is to improve the citizens interaction with the government. The website directs visitors to the services or information they are looking for, it also seems public opinion on how to improve government.

5 0
3 years ago
____ 16. a decrease in the price of domestically produced nuclear reactors will be reflected in
Alchen [17]

I guess the correct answer is the GDP deflator but not in the consumer price index.

A decrease in the price of domestically produced nuclear reactors will be reflected in the GDP deflator but not in the consumer price index.

8 0
3 years ago
A private company is preparing to sign the engagement letter. who would most likely sign this letter?
iris [78.8K]
The people who would most likely to sign the engagement letter are:

a. Officer/s of the professional firm
b. Client/s

The engagement letter is an agreement between these two parties who are to engage in specific terms. Terms would most likely involve compensation packages and how the services are to be rendered.
7 0
3 years ago
Which of the following statements indicate a disadvantage of using the discounted payback period for capital budgeting decisions
lapo4ka [179]

Answer:

A & B

a. The discounted payback period does not take the project’s entire life into account

b. The discounted payback period does not take the time value of money into account

Explanation:

3 0
3 years ago
Read 2 more answers
Kaplan, Inc. produces flash drives for computers, which it sells for $27 each. The variable cost to make each flash drive is $13
horsena [70]

Answer:

Contribution per unit

= Selling price - Variable cost per unit

 = $27 -$13

= $14

Contribution margin ratio

= Contribution per unit

  selling price

= $14

  $27

=  0.518518518

Break-even point in dollars

= $1,400

  0.518518518

= $2,700

               

Explanation:

Break-even point in dollars  equals fixed cost divided by contribution margin ratio. Contribution margin ratio is equal to contribution per unit divided by selling price. Contribution per unit is selling price minus variable cost per unit.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          

4 0
4 years ago
Other questions:
  • Odonnel Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-ho
    13·1 answer
  • Which printing method is best for Bath Bomb Container?
    5·1 answer
  • the yellow company has a current ratio of 2.65 . The acid test ratio is 2.01 . The current liabilities of the are company $45,00
    12·1 answer
  • Consider the following transactions by a corporation: On July 5, billed a customer for $6700 for services performed on that day.
    10·1 answer
  • Fun facts: <br> everyone is beautiful, nobody is ugly ^_^
    5·1 answer
  • Consider two bonds, F and G. Both bonds presently are selling at their par value of $1,000. Each pays interest of $90 annually.
    8·1 answer
  • Marin Company's accounts receivable arising from sales to customers amounted to $131000 and $114000 at the beginning and end of
    8·1 answer
  • Ospry Company has working capital in the amount of $ 1,240,000 . For the following transactions, determine whether working capit
    8·1 answer
  • A(n) ________ is an internet business model that provides an online meeting place where people with similar interests can commun
    10·1 answer
  • A company estimates that warranty expense will be 2% of sales. The company's sales for the current period are $146,000. The curr
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!