1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sertanlavr [38]
3 years ago
7

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

You might be interested in
An investor wants to purchase an annuity that will pay her £80,000 per year for the next 10 years. If the constant, annual effec
kondaur [170]

Answer:

£718,607

Explanation:

Annuities are investment opportunities that require an initial settlement  and gives  a series of returns of a fixed amount for a specific number of periods.

In simple terms, the question requires us to calculate the amount to be paid today (Present Value) of an annuity that pays £80,000 per year for the next 10 years.

To establish the [Present Value of the Annuity, the future Cash Flows must be discounted to the Present Value using the appropriate discount rate. In our case, we will use the annual effective interest rate of 2%.

Present Value = PMT × [ 1 - 1/(1+r)^n ÷ r ]

Where,

PMT = £80,000

n = 10

r = 2%

Therefore,

Present Value = £80,000 × [ 1 - 1 / (1.02) ^ 10 ÷ 0.02]

                         = £718,606.80 or £718,607

Conclusion :

She be willing to pay £718,607 today for the annuity.

4 0
3 years ago
French homework. (two questions)
wlad13 [49]

Odd consecutive integers are odd integers that follow each other. They have a difference of 2 between every two numbers. If n is an odd integer, then n, n+2, n+4 and n+6 will be odd consecutive integers. the first number in the pattern is always the variable on its own or in this case, "n". Examples.

6 0
3 years ago
Alpha Inc. and Beta Co. are sheet metal processors that supply component parts for consumer product manufacturers. Alpha has bee
Dmitriy789 [7]

Answer: A. Higher

B. The implication for Beta Co. is that because of its lower ROI, its ability to raise capital will be reduced.

Explanation:

a. What would you expect Alpha’s ROI to be relative to the ROI of Beta Co.? Explain your answer.

In this case, Alpha’s ROI to be relative to the ROI of Beta Co. will be higher. Since Alpha's investment cost is lower when compared to that of ‘Beta Co. while both companies have thesame operating income, then the return on investment of Alpha will then be higher than that of Beta due to the lower investment cost that Alpha incurred.

b. What are the implications of this ROI difference for a firm seeking to enter an established industry?

The implication for Beta Co. is that because of its lower ROI, its ability to raise capital will be reduced.

5 0
3 years ago
A manager has a gut feeling that some members are contributing more to the organization than other members. The first step the m
balandron [24]

Answer: This certain manager should be able to reach out to other the employes to join more organizations. I think that if these other employees are contributing to more organization than others, Then they will  be more selected. The other employees that are not contributing will certainly be fired. Thanks this is my way of reasoning:)

4 0
3 years ago
If the number of employed persons in a country equals 24 million, the number of unemployed persons equals 8 million, and the num
goldenfox [79]

Answer:

Unemployment rate is 25%

Explanation:

The percentage of people eligible for job and not currently involved in paid work or self employed and available for work as well is called rate of unemployment. It is the percentage of people who is not currently woking seeking the job.

Labor Force = Employed persons + Unemployed persons

Labor Force = 24 million + 8 million

Labor Force = 32 million

Unemployment rate = ( Unemployed persons / Labor force ) x 100

Unemployment rate = ( 8 million / 32 million ) x 100 = 25%

3 0
3 years ago
Other questions:
  • a firm decided to spent 2% of its profit onn free education to the children of nearby area. indicate the value involved in this
    13·1 answer
  • The specific meaning of goodwill in accounting is: Multiple Choice The amount by which a company's value exceeds the value of it
    7·1 answer
  • It can be argued that nonprofits have an advantage over for-profit companies in
    8·1 answer
  • The marginal social benefit received from pollution is equal to its marginal social cost in the market for highly polished glass
    8·2 answers
  • A company has two products: A1 and B2. It uses activity-based costing and has prepared the following analysis showing budgeted c
    15·1 answer
  • HD had reported a deferred tax asset of $130 million with no valuation allowance. At December 31, 2021, the account balances of
    9·1 answer
  • During 2021, Deluxe Leather Goods issued 707,000 coupons which entitles the customer to a $5.00 cash refund when the coupon is s
    12·1 answer
  • You are a freshman in college and are planning a trip to Europe when you graduate from college at the end of four years. You pla
    15·1 answer
  • Romero Inc.manufactures paper products from 100 per cent recycled scrap.One set of workers at Romero Inc.has the full-time job o
    7·1 answer
  • Leppard Corporation sells DVD players. The corporation also offers its customers a 2-year warranty contract. During 2014, Leppar
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!