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lukranit [14]
3 years ago
15

Derek plans to retire on his 65th birthday. However, he plans to work part-time until he turns 75.00. During these years of part

-time work, he will neither make deposits to nor take withdrawals from his retirement account. Exactly one year after the day he turns 75.0 when he fully retires, he will wants to have $2,552,589.00 in his retirement account. He he will make contributions to his retirement account from his 26th birthday to his 65th birthday. To reach his goal, what must the contributions be
Business
1 answer:
slavikrds [6]3 years ago
5 0
Pension plans are a type of retirement plan in which the employee and employer make contributions. These contributions are invested and to be received upon retirement. In most all cases pension plans are tax exempt. The two types of pension plans are defined benefit plans and defined contribution plans. A defined benefit plan guarantees an amount upon retirement no matter how the investment performed. A defined contribution plan is not a guaranteed amount and heavily depends on the investment performance.
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3 years ago
If the cost of the beginning work in process inventory is $50,000, direct materials cost is $340,000, direct labor cost is $206,
posledela

Answer:

The cost of goods manufactured is $860,000

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The cost of goods manufactured = The cost of the beginning work in process inventory + direct materials cost + direct labor cost + overhead cost - the ending work in process inventory.

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If i'm a freshman in 2017 when will i graduate
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The expected return on a portfolio: Group of answer choices can be greater than the expected return on the best performing secur
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is limited by the returns on the individual securities within the portfolio

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