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
Likurg_2 [28]
3 years ago
13

If your friend Raheem asks you, “What type of account should I use to save for retirement,” what would you tell him?

Business
1 answer:
SSSSS [86.1K]3 years ago
7 0

Answer:

Roth IRA account

Explanation:

The best type of account that you should save money in for Retirement is a Roth IRA account. This will allow you to put and save a maximum of $5,500 USD per year which will compound annually with interest and can be redeemed when you retire. Once you redeem your money at the age of 65 1/2 it will be completely tax-free. Meaning you have no liabilities with that money whatsoever and you can simply enjoy your retirement with that money.

You might be interested in
What is at saturated market like for sellers?
garri49 [273]

The meaning of being saturated or reaching the point of saturation in the business terms is the time in which a market does not generate any more demand for a certain market. This may be due to increase competition, decrease need or the product became unusable. For sellers, saturation means two things, first is that this is the chance for you to give your business a makeover. You can level up your products or service or try a new strategy for your business. The endpoint is that you need to diversify so that the customers will not get tired of the same product of service all over again. If you observed that with all the things you possibly did to keep the product or service growing, you haven't seen any change the market demand then the second thing you may want to do is to stop your business because it will only be a waste of time, research and money.
5 0
3 years ago
A process with no beginning work in process, completed and transferred out 35,000 units during a period and had 14,000 units in
Kay [80]

Answer:

equivalent unit of production for period in conversion cost is 42000 EU

Explanation:

Given data

during period P = 35000 units

ending work W = 14000 units

complete C% = 50%

to find out

equivalent units of production

solution

we know that 35000 units work is complete and transferred during period  and

50% complete with ending work 14000 units

so that

Equivalence unit production is W x C% + P

= 14000 x 50% + 35000 = 42000

so equivalent unit of production for period in conversion cost is 42000 EU

5 0
3 years ago
Read 2 more answers
. The best starting point to developing a presentation is to _____. establish why the presentation is needed analyze the intende
saw5 [17]
The answer would be : Establish why the presentation is needed.

Whether it's to attract investor or for simply give an information, you can decide what should you put on your investor , after you determine what do you want to get from your presentation. If you want to attract investors, you should probably filled it with future cash projection. If you want to give an information about your company, filled it with your company's vision and mission
4 0
3 years ago
An election to choose among candidates nominated by parties is called a(n) ________.
tigry1 [53]
A Republican of which is a multiple person who elects
7 0
3 years ago
Jorge is looking for a new job after finishing his college degree. He is currently working part time to pay the bills, but is al
Marina CMI [18]

Answer:

His current status is that he is employed

3 0
2 years ago
Other questions:
  • A key use of a customer survey used in the operations consulting phase of problem definition is customer loyalty analysis. True
    11·1 answer
  • Although many factors affect the value of real property, what is the primary driver in determining the value of real property?
    15·1 answer
  • The price level in the country is determined by ______ and _______.
    8·1 answer
  • A company is 40% financed by risk-free debt. the interest rate is 10%, the expected market risk premium is 8%, and the beta of t
    8·1 answer
  • You just deposited $4,000 in cash into a checking account at the local bank. Assume that banks lend out all excess reserves and
    10·1 answer
  • A storage tank acquired at the beginning of the fiscal year at a cost of $90,000 has an estimated residual value of $12,000 and
    11·1 answer
  • Marko, Inc., is considering the purchase of ABC Co. Marko believes that ABC Co. can generate cash flows of $6,100, $11,100, and
    5·1 answer
  • What is a product mix ?
    8·2 answers
  • How does the Hockey Stick of Human Prosperity demonstrate changes to economies? Include at least two
    10·1 answer
  • Some risks associated with investing in real estate are?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!