A public school teacher most likely to have a pension plan.
<h3>What does a pension plan mean?</h3>
A pension plan is a type of employee benefits program created or maintained by an employer, an employee group (such a union), or both that offers retirement income or postpones income until the end of the covered employment period or beyond.
An employer must contribute to a fund that is set aside for a worker's future benefit in order to participate in a pension plan. When the worker retires, the earnings from the investments will provide income for the worker. The pool of cash is invested on the employee's behalf. In the U.S. private sector, traditional pension plans are getting harder to find.
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Answer: $190,000
Explanation:
The recorded value of the new equipment will be the summation of the trade in allowance and the cash that was paid. This will be:
= $108,000 + $82,000
= $190,000
Answer:
Multiply the amount in the account by the nominal interest rate
Explanation:
If the previous year did not see more than a five percent increase in these costs, there is no change in the rent, the clause will be the Escalator clause.
<h3>What is a clause?</h3>
It's a particularly precise clause in a legal agreement that refers to a key point of agreement between the contracting parties. A clause establishes the terms wherein the parties will conduct during the terms of the contract.
Terminology in a sales contract that raises your purchase price by a specific amount above competing offers till the offer reaches its maximum price you're ready to pay is called an escalation clause.
This will help to enhance the appeal of an offer, it also informs the seller of the exact amount you're willing to spend. This will also help to negotiate on price to make the deal close.
Therefore, the correct answer will be the Escalator clause.
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Answer:
Explanation:
The fact that members of that particular community are willing to pay a large sum of money as much as $25,000 demonstrates their willingness to pay for clean air which is actually beneficial to the health because studies have shown that breathing in unclean air can lead to several respiratory illnesses of varying severity.
