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grin007 [14]
3 years ago
12

If you choose a Roth IRA, how much income will you pay taxes on?

Business
1 answer:
eduard3 years ago
5 0

Answer:

the investment earnings in the account are tax-free. Also, when you reach age 59½ and have had the account open for at least five years, withdrawals are tax-free.

Explanation:

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Which of the following is not true in regard to selling fixed assets?
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For each of the following, compute the future value (Do not round intermediate calculations and round your final answers to 2 de
snow_lady [41]

Explanation:

The computation of the future value is shown below:

As we know that

Future value = Present value × (1 + interest rate)^number of years

In the first case,

Future value = $2,050 × (1 + 0.12)^12

                     = $2,050 × 3.895975993

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In the second case,

Future value = $8,352 × (1 + 0.10)^6

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                     = $14,796.08

In the third case,

Future value =  $72,355× (1 + 0.11)^13

                     = $72,355 × 3.883280163

                     = $280,974.74

In the fourth case,

Future value = $179,796 × (1 + 0.07)^7

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How is revising different from editing?
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Answer:

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8 0
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