Answer:
Answer is $552.74
Refer below.
Explanation:
Standard mileage rate in 2019=0.58.
953 miles for business purposes in 2019.
953×0.58=552.74
I believe the answer is: The tax deferred nature.
Investment is considered to has tax deferred nature if the tax payment for the investment can be made years later after its due. This favoured as a retirement plan because it make the investors have more money to spend during the productive years prior to retirement.
