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romanna [79]
2 years ago
11

Which would be the best retirement savings option for a 40-year old engineer whose employer offers a five percent contribution m

atch?
A.
401(k)
B.
IRA
C.
basic savings account
D.
money market account
Advanced Placement (AP)
2 answers:
Murrr4er [49]2 years ago
7 0

Answer:

A: 401k

Explanation:

PLATO

gogolik [260]2 years ago
4 0

Answer:

A. 401(k)

Explanation:

A 401(k) can be defined as a type of compensation (savings) plan that is being sponsored by a business firm or company (employer) to avail its employees the opportunity to contribute into. As a company-sponsored and defined-contribution retirement savings plan, it offers tax advantages to the employees because it reduces their income tax for the particular year while taxing their withdrawals.

Hence, a 401(k) would be the best retirement savings option for a 40-year old engineer whose employer offers a five percent contribution match.

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Answer:

f(x)= 50+4.25x

g(x)= 40+6.25x

(5, 71.25)

Explanation:

they are asking for the number of garmets and price of those garmets where both shops charge the same amount

if you make the two shops prices into equations you will be trying to find the line intercept

to make the lines equations

they said f(x) is cleaning company 1

g(x) is cleaning company 2

and x in the number of garmets cleaned

you can see from prices that the price does not start at 0 it has a baseline price to clean

that baseline price is the +____

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=21.25

21.25/5 to find raise in price per 1 garmet

=4.25

now we know its 4.25x+b

baseline price = b

to find b plug in the values on the chart (first row)

4.25(5)+b=71.25

21.25+b=71.25

b=50

baseline price = 50

store 1 price is= f(x)= 50+4.25x

im gonna run out of space ill do the second one short

103.75-72.5=31.25

31.25/5=6.25

71.25=6.25(5)+x

71.25-31.25=x

x= 40= base price

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f(x) = y

y=y

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50+4.25x=40+6.25x

10+4.25x=6.25x

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10=2x

x=5

to find y intersection put in x to equation

y= 50+4.25x

y= 50+4.25(5)

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