Answer:
The maximum amount Harvey can contribute to his retirement plan in 2019 is $30,000.
Explanation:
According to Keogh plan the maximum amount Harvey can contribute to his retirement plan in 2019 is 25% over the amount Harvey earned Or 53,000 Whichever is less.
Thus,
Harvey is a self-employed accountant with earned income from the business of $120,000 and its 25% is $30,000.
Answer:
3.27% change in per capital real GDP between 2018 and 2019.
Explanation:
The Per capital real of GDP = Real GDP / Population
In 2016 Per capital real of GDP:
$1.21 Billion / 9.68 Million(change billion to million)
= $1,210 Million / 9.68 Million
= $125
In 2017 Per capital real of GDP::
$1.5 Million / 11.62 Million
= $1,500 Million / 11.62 Million
= $129.09
Therefore Growth in real GDP per capital = ($129.09 / $125) - 1
= 3.27%
Answer:
Hii
Explanation:
A loan is when money is given to another party in exchange for repayment of the loan principal amount plus interest. Loan terms are agreed to by each party before any money is advanced. A loan may be secured by collateral such as a mortgage or it may be unsecured such as a credit card.
Hope it helps :)
First and foremost, saving money is important because it helps protect you in the event of a financial emergency. Additionally, saving money can help you pay for large purchases, avoid debt, reduce your financial stress, leave a financial legacy, and provide you with a greater sense of financial freedom. I would save money by keeping it secure in a special place like a wallet.
