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muminat
3 years ago
8

A 68-year old retiree has a pension savings of $43,000, a 401k of $75,000, and an IRA account of $62,000. Before 2008, he had 2%

more cash in the pension, 12% more in the IRA, and −1% in the 401k. He wants to take out 2% from each account before he turns 72, which will cost him a penalty of an extra 3% from the current total amount in his pension, 4% from the 401k, and 6% from the IRA. What is the highest amount that will be taken from a single account, including the penalty, if the retiree takes the money out now from each?
Mathematics
2 answers:
Natalija [7]3 years ago
6 0

Answer:

The answer is the IRA

Step-by-step explanation:

If he takes out 2% from each account,  the highest penalty will be for the IRA account which is, 6% of 62,000 is $3,720. He will also take 2% of that 62,000 which will be $1,240. The total will be $4,960.

For the 401k account the withdrawal is $1,500 and the penalty is $3,000. That is $460 less than the IRA account.

I hope this answer helps.

Harlamova29_29 [7]3 years ago
3 0

Answer:

54280

Step-by-step explanation:

2+6=8

.08 * 59000=4720

59000-4720=54280

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MAXImum [283]
A)
Let's pick point (4,4) and point (2,2). If you divide the new point by the old point you will see that both the x-value and the y-value were multiplied by 2 to gt the new x-value and new y- value. So the scale factor is 2.

The perimeter of the first square can be found by subtracting the x-values from two points to get the length of one side and then multiply the result by 4 to get the perimeter of the whole square.
2-(-2)=4
The length of one side of the first square is 4. (I just subtracted the x-values.)
4 times 4 = 16.
The perimeter of the first square is 16.

Similarly, 4-(-4)=8 and 8 times 4 = 32.
The perimeter of the second square is 32.

b)
Let's pick point (6,6) and point (3,3). If you divide the new point by the old point you will see that both the x-value and the y-value were multiplied by 2 to gt the new x-value and new y- value. So the scale factor is 2.

The perimeter of the first square can be found by subtracting the x-values from two points to get the length of one side and then multiply the result by 4 to get the perimeter of the whole square.
3-(-3)=6
6 times 4 = 24.
The perimeter of the first square is 24.

Similarly, 6-(-6)=12 and 12 times 4 =48.
The perimeter of the second square is 48.

c)
If a figure is dilated to a scale factor of 2 then the perimeter of the figure will also be doubled.
3 0
3 years ago
A $65 coat is now on sale for $52. What percent discount is given?
leonid [27]
20%, because if 65 is 100, then 52 is 80% out of 65; so 100 - 80 is 20
3 0
3 years ago
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A tennis coach took his team out for lunch and bought eight hamburgers and five fries for $24 the players were still hungry so t
andrezito [222]

Answer: The cost for one hamburger is $2.5

Step-by-step explanation:

Let x represent the cost of one hamburger.

Let y represent the cost of one fry.

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8x + 5y = 24- - - - - - - - - - - -1

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3 0
4 years ago
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Gelneren [198K]

Answer:

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Step-by-step explanation:

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-2/3 * c = -2/3c

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5 0
3 years ago
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Alla [95]

Answer:

0.5

Step-by-step explanation:

8x+6=10

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x=4/8=0.5

5 0
3 years ago
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