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bearhunter [10]
3 years ago
14

Why would a deferred annuity or annuities due be preferred as a retirement investment?

Mathematics
1 answer:
ruslelena [56]3 years ago
4 0

I believe the answer is: The tax deferred nature.

Investment is considered to has tax deferred nature if the tax payment for the investment can be made years later after its due. This favoured as a retirement plan because it make the investors have more money to spend during the productive years prior to retirement.

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Paul has $2,400 in a savings account earning 3.4% simple interest. How much more interest would he earn in 5 years if the intere
bija089 [108]
Amount using compound interest = 2400(1 + 0.034)^5 = 2400(1.034)^5 = 2400(1.1820) = $2,836.70

Amount using simple interest = 2400(1 + 5 x 0.034) = 2400(1 + 0.17) = 2400(1.17) = $2,808

Difference = $2,836.70 - $2,808 = $28.70

Therefore, <span>he will earn $28.70 more interest in 5 years if the interest were compounded annually</span> .
7 0
4 years ago
If you rolled a six sided die 2 times how many possible outcomes are there
Ludmilka [50]
Believe the answer would be 12 because 6×2 = 12
3 0
3 years ago
Simplify -2b3 + +2b3​
oksano4ka [1.4K]

Answer:

Add −2b3 and 2b3

0

7 0
4 years ago
Evaluate 3^2 + (5-2) X 4 - 6/3
muminat

Answer:

The result is 19

Step-by-step explanation:

3^{2}  + (5-2)x4 - 6/3

Step 1: Parenthesizing (5-2)=3

3^{2}  + 3x4 - 6/3

Step 2: Exponentiation 3^{2}=9

9  + 3x4 - 6/3

Step 3: Multiplication and division 3x4=12 and 6/3=2

9  + 12 - 2

Step 4: Addition and subtraction 9+12=21, and 21-2=19

21-2

19

The operations are ordered from highest to lowest in the order:

1. Parenthesizing,

2. Factorial,

3. Exponentiation,

4. Multiplication and division,

5. Addition and subtraction.

Hope this helps!

6 0
3 years ago
Read 2 more answers
Which of the sets of ordered pairs represents a function? A = {(1, −5), (8, −5), (8, 7), (2, 9)} B = {(7, −4), (7, −2), (6, −3),
jek_recluse [69]

Answer:

Neither A or B

Step-by-step explanation:

Hello There!

In order for a set of ordered pairs to represent a function none of the x values can repeat

In answer choice A the x value 7 repeats therefore the set of ordered pairs do not represent a function

In answer choice B the x value 7 repeats therefore the set of ordered pairs do not represent a function

so we can conclude that neither set of ordered pairs represent a function

7 0
3 years ago
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