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3 years ago

5

When Social Security was first instituted by President Franklin Roosevelt in 1935, the payroll tax rate on wages used to fund th

e program was

1 answer:

MrRa [10]3 years ago

3 0

Answer: Social security retirement program .

Explanation:

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Suppose an investment of 10,000 doubkes in value every 13 years. how much is the investment

nadezda [96]

130000 I think I hope so

5 0

4 years ago

You are scheduled to receive a $500 cash flow in one year, a $1,000 cash flow in two years, and pay an $800 payment in three yea

Sunny_sXe [5.5K]

Answer:

present value = $9320.06

Explanation:

given data

cash flow 1 year C1 = $500

cash flow 2 year C2 = $1000

pay 3 year C3 = $800

interest rates r = 10 percent per year = 0.10

solution

we get here present value that is

present value = $\frac{C1}{(1+r)} +\frac{C2}{(1+r)^2} +\frac{C3}{(1+r)^3}$ ....................1

put here value and we will get

present value = $\frac{500}{(1+0.10)} +\frac{10000}{(1+0.10)^2} +\frac{800}{(1+0.10)^3}$

present value = $9320.06

7 0

3 years ago

On January 1, 2021, Bangle Company purchased 30% of the voting common stock of Sleat Corp. for $1,100,000. Any excess of cost ov

skad [1K]

Answer:

$1,058,000

Explanation:

Calculation to determine the balance in the investment account on December 31, 2021

Using this formula

December 31, 2021 Balance in the investment account=Voting common stock-Net loss-Dividends

Let plug in the formula

December 31, 2021 Balance in the investment account=$1,100,000 -(30%*$112,000)-(30%*$28,000)

December 31, 2021 Balance in the investment account=$1,100,000 - $33,600 - $8,400

December 31, 2021 Balance in the investment account=$1,058,000

Therefore the balance in the investment account on December 31, 2021 is $1,058,000

5 0

3 years ago

What problem makes public goods necessary?

NARA [144]

There are several problems that make public goods necessary, but the primary one is that without access to certain public goods and services like parks and schools, poor people would have practically no chance at advancement.

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3 years ago

A Registered Investment Adviser (RIA) is formed as a partnership. The RIA intends to charge an incentive fee that is based on in

hram777 [196]

Answer:

Explanation:

NASSA rules are set of laws enacted to guide the administration of business and trading activities. Some of the NASAA are protection of vulnerable adults from financial exploitation and guides against unethical practices by investment advisers.

NASSA rules does not forbid RIA from charging an incentive fee based on investment performance, however , it must be able to prove that the fee charged is fair , reasonable and affordable by the customer , in as much as the customer is not being financially exploited.

4 0

3 years ago

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