Answer:
After 10 years the investment A will be bigger than investment B.
Step-by-step explanation:
In Investment A, 50 increases each year by 8% and in investment B, 60 increases by 3 each year.
If after x years the investment A will be equal to investment B, then we can write the equation as
⇒ 50 + 4x = 60 + 3x
⇒ x = 10
Therefore, after 10 years the investment A will be bigger than investment B. (Answer)
Answer:
-13/40 or -0.325
Step-by-step explanation:
Step-by-step explanation:
I think so option b Is answer
"Traditional IRA contributions are made with pretax dollars, while Roth IRA contributions are made with after-tax dollars" statement describes the key difference between a traditional IRA and a Roth IRA.
<u>Option: D</u>
<u>Explanation:</u>
A traditional IRA that is an individual retirement account enables investors to channel pre-tax income into assets that can increase tax postponed. Donations to a traditional IRA might be tax deductible focusing on the earnings, tax filing record and other considerations of the taxpayers.
A Roth IRA is a tax-favored retirement savings account that enables you to tax-free withdraw your savings. These are sponsored with after-tax dollars; tax-deductible investments are not. But the cash is tax-free until one begin withdrawing funds.
