It takes ur money out and away
Answer:
since 
Explanation:
U(q₁ q₂)
Budget law can be given by
Lagrangian function can be given by
First order condition csn be given by
From eqn (i) and eqn (ii) we have
Putting 
in euqtion (iii) we have
since
The borrower may chose to use the funds to invest in a business venture and thus be becomes an investor. Money is channeled through financial institutions such as banks. A saver saving with a bank account seeks to keep the money in the bank as it earns him interest.
The amount that Howard should report as taxable income from pensions and annuities when he files his tax return is $30, 000.
<h3>How to find the taxable income?</h3>
The Taxable income that Howard would report would depend on the contributions he made towards his retirement when he was still working. If these contributions were after - tax, then it would mean that he would not need to pay taxes.
However, as mentioned in the question, Howard did not contribute any after-tax dollars to the plan. This means that his entire income will be taxable.
Howard's taxable income would therefore be the entire $ 30, 000 annually.
Find out more on taxable income at brainly.com/question/26483240
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Answer:
C) Marty has ratified the contract and is now bound by its terms.
Explanation:
Ratified Contract : This refers to a contract in which the terms have been agreed upon by all parties involved but has not yet been fully executed, signed, and delivered. The typical steps in the contract process include the offer, acceptance, consideration, and ratification. So, in the case of Marty, the contract has been ratified and she is bound by it terms.
