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masha68 [24]
3 years ago
10

Samuel's full retirement age is 65 years old and his monthly benefit at that age is $1,000. According to the Social Security Adm

inistration retirement program, if Samuel decides to take retirement as early as age 63, his monthly benefit will be
Business
1 answer:
Marina86 [1]3 years ago
8 0

Answer:

Assuming that Samuel's retiring age is exactly 65 years old, and he starts collecting benefits 24 months before his full retirement age (exactly on his birthday number 63), then he will receive $867 per month (or 86.7% of his full benefits).

This calculation varies depending on the number of months, e.g.

months before full retirement age                   % of full retirement benefit

24                                                                     86.7%

23                                                                      87.2%

22                                                                      87.8%

21                                                                      88.3%

20                                                                      88.9%

19                                                                      89.4%

18                                                                      90.0%

17                                                                      90.6%

16                                                                      91.1%

15                                                                      91.7%

14                                                                      92.2%

13                                                                      92.8%

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hich scenario is an example of an industry in monopolistic competition? Sprint, AT&T, Verizon, and T-Mobile own a large port
Anton [14]

Answer:

Within walking distance from your home, there are a plethora of fast-food restaurants including Koala Express, Cabo Bob's Burritos, Oodles of Noodles, and Hanz's Hearty Hamburgers.

Explanation:

Monopolistic competition refers to a market where there are a large of suppliers that offer differentiated products to a large number of consumers. The restaurant industry are the most common example of monopolistic competition.

The other options are wrong:

Sprint, AT&T, Verizon, and T-Mobile own a large portion of the U.S. cellular market share. OLIGOPOLISTIC MARKET (FEW SUPPLIERS AND MANY CONSUMERS)

Farmers grow navel oranges throughout the United States. PERFECT COMPETITION (MANY SUPPLIERS AND MANY CONSUMERS THAT SUPPLY SIMILAR PRODUCTS)

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6 0
3 years ago
Q. An urban planner is designing a new urban housing development. It will have fiveapartment buildings, two basketball courts, a
Scrat [10]

Complete Question:

An urban planner is designing a new urban housing development in a currently rural area near an existing city. The urban development will have five 10-story apartment buildings, two basketball courts, a playground with permeable foam pavers, a 10-acre green space with a small man-made pond, one 5-story parking deck, and direct access to the mass transit train line. Which of the following aspects of the design for this new urban development will best help to reduce the amount of carbon dioxide released into the atmosphere?

A. The land cleared to build the new development occurs in a rural area rather than within the city limits.

B. The playground is made with permeable foam pavers rather than with impervious concrete.

C. Access to the mass transit train line will provide inhabitants an alternative to driving personal vehicles.

D. Food and other resources must be transported to the development from up to 200 miles away.

Answer:

Access to the mass transit train line will provide inhabitants an alternative to driving personal vehicles.

Explanation:

The best option that will help to reduce the amount of carbon dioxide released into the atmosphere is to create access to the mass transit train line which will consequently provide inhabitants an alternative to driving personal vehicles.

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3 years ago
Anna is a team leader at Shine Design Inc Gavin is her least preferred employee because he makes silly mistakes in his reports.
hammer [34]

Answer: (A) Relationship-oriented

Explanation:

 The relationship-oriented is one of the type of leadership style whose aim is to focus on motivating other people and also provide the satisfactory solution to the different types of team members by establishing an emotional and a meaningful relationship.  

According to the given scenario, Anna has a relationship oriented as Anna is the team leader and he also believed that the he can provide a valuable resource to an organization because of hardworking and the sincere nature towards the work.      

 Therefore, Option (A) is correct answer.

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3 years ago
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What is the PV of an ordinary annuity with 5 payments of $4,700 if the appropriate interest rate is 4.5%? a. $17,690 b. $18,621
hammer [34]

Answer:

PV= $20,632.89

Explanation:

Giving the following information:

Annual payments= $4,700

Interest rate= 4.5%

Number of years= 5

First, we need to calculate the future value using the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual payment

FV= {4,700*[(1.045^5) - 1]} / 0.045

FV= $25,712.34

Now, we can determine the present value:

PV= FV/(1+i)^n

PV= 25,712.34/(1.045^5)

PV= $20,632.89

3 0
3 years ago
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