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3 years ago

Which retirement plan specifies the benefits you'll receive at retirement age based on your total earning and years on the job

Business

1 answer:

Zarrin [17]3 years ago

6 0

Answer:

A. Defined benefit plan.

Explanation:

These are options for the question

A. Defined benefit plan.

B. Money-purchase plan.

C. Defined contribution plan.

D. Profit-sharing plan.

E. 401(k) plan.

Defined benefit plan can be regarded as a plan that pledge specified monthly benefit for an employee after retirement. It may use a plan formula for the benefits the formula could be drawn from the employee salary as well as service. It should be noted that the retirement plan that specifies the benefits you'll receive at retirement age based on your total earning and years on the job is Defined benefit plan

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José spends most of his time thinking about Sheila, the love of his life. This had led to José neglecting his course work. From

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Answer:

D. his fixed amount of psychic energy

Explanation:

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3 years ago

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olasank [31]

Answer:

B, C, and E

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3 years ago

Read 2 more answers

In 1895, the first putting green championship was held. the winner’s prize money was $190. in 2014, the winner’s check was $1,49

Ket [755]

Answer:

The interest rate is 7.83%

Explanation:

The winner price in the year 1895 = $190

The winner price in the year 2014 = $1490000

Time duration between, 2014 – 1895 = 119 years

Now we have to find the interest rate at which the winner price has been increased. Thus, use the below formula to find the interest rate.

Future value = present value (1+ r)^n

Future value = $1490000

Present value = $190

n = 119

Now insert the values in the formula.

1490000 = 190(1 + r)^119

1490000 / 190 = (1+r)^119

r = 0.07826 or 7.83%

4 0

3 years ago

If houston company billed a client for $18,000 of consulting work completed , the accounts receivable asset increases by $18,000

Pavlova-9 [17]

The answer is

Revenues increases by 18000

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3 years ago

If the population growth rate is 2 percent, real GDP per person will double in 7 years if real GDP grows by ______ percent per

Valentin [98]

Answer:

With a population growth of 2%, the GDP has to grow 12.6% per year in order to real GDP per person double in 7 years.

Explanation:

It is necessary to state the formula to calculate the GDP growth per person in 7 years and some assumptions. Defining as base of population and GDP the number 100 (aleatory picked) we can write our equation: GDP per person in year 7 = 100(1+x)^7/100(1+0.02)^7=2 In this equation X is the fixed percentage of GDP growth. By iteration process, we get that X=12.6%

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3 years ago