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elixir [45]
2 years ago
15

If Chinwe owes $2,164.00, what would her quarterly payments be?

Business
1 answer:
quester [9]2 years ago
4 0

Answer:

$541.00

Explanation:

2164 / 4 = 541

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Social security pays $0. 90/dollar for your first $826 in earnings, $0. 32/dollar for the next $4154 in earnings, and only $0. 1
masya89 [10]

Social Security benefits are typically computed using "average indexed monthly earnings."

<h3>What is the Social Security bonus trick?</h3>

That's a myth: 62 is the earliest age you can claim your benefit, but it's not the only age to do so.

Waiting to claim Social Security after age 62 comes with a bonus: roughly 8% additional monthly income per year for each year you delay claiming (up to age 70).

<h3>What is the lowest Social Security monthly benefit?</h3>

The first full special minimum PIA in 1973 was $170 per month.

Beginning in 1979, its value has increased with price growth and is $886 per month in 2020.

The number of beneficiaries receiving the special minimum PIA has declined from about 200,000 in the early 1990s to about 32,100 in 2019.

Learn more about social security here:

<h3>brainly.com/question/22048159</h3><h3 /><h3>#SPJ4</h3>

7 0
2 years ago
Combined Communications is a new firm in a rapidly growing industry. The company is planning on increasing its annual dividend b
den301095 [7]

Answer:

Current Market value of the stock at 8.5% return: 105.88

Explanation:

We will calculate the present value of the dividends:

\left[\begin{array}{ccc}Year&Cash \: Flow&PV\\1&1.722&1.59\\2&2.12&1.8\\3&2.61&2.04\\4&3.21&2.32\\5&3.40&98.13\\&&105.88\\\\\end{array}\right]

We will do the following:

each dividends we multiply by the previous, by the grow rate of 23%

D1 1.40 x ( 1 + 23%) = D2 = 1.722

D2 1.722 x ( 1 + 23%) = D3 = 2.12

...

Then after the four years we calculate the gordon model for the infinite series of dividends

\frac{divends}{return-growth} = Intrinsic \: Value

3.95/(0.085-0.06) = 158

Then calculate the present of each dividends applying the present value of a lump sum

\frac{Principal}{(1 + rate)^{time} } = PV

\frac{1.722}{(1 + 0.085)^{1} } = PV_{div1}

PV div1 = 1.59

\frac{2.12}{(1 + 0.085)^{2} } = PV_{div2}

PV div2 = 1.8

\frac{2.61}{(1 + 0.085)^{3} } = PV_{div3}

PV div3 = 2.04

...

Then we add them and get the present value of the stock

4 0
3 years ago
Suppose a tire manufacturer wants to set a mileage guarantee on its new XB 70 tire. Tests revealed that the tire's mileage is no
kogti [31]

Answer:

The manufacturer should announce a guaranteed mileage of 44528 miles

Explanation:

Problems of normally distributed samples are solved using the z-score formula.

In a set with mean \mu and standard deviation \sigma, the zscore of a measure X is given by:

Z = \frac{X - \mu}{\sigma}

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.

In this problem, we have that:

\mu = 47900, \sigma = 2050

What guaranteed mileage should the manufacturer announce

Only until the 5th percentile will have to be replaced, which is the value of X when Z has a pvalue of 0.05. So it is X when Z = -1.645.

Z = \frac{X - \mu}{\sigma}

-1.645 = \frac{X - 47900}{2050}

X - 47900 = -1.645*2050

X = 44528

The manufacturer should announce a guaranteed mileage of 44528 miles

6 0
3 years ago
Read 2 more answers
The difference between a nominal variable and a real variable is that A. real variables are calculated in​ current-year prices a
Oksanka [162]

Answer:

Option (D) is correct.

Explanation:

Nominal variables are the variable which are calculated on the basis of current market prices such as nominal GDP. Nominal GDP incorporates all of the changes happened in a current year such as changes occured in the inflation or deflation in a current year.

On the other hand, real variables are those variables which are calculated on the basis of base year prices to take the effects of the inflation or deflation during the period of time. For example, Real GDP. real GDP is determined by the market prices of the base year, so that one can compare the actual effect effect of inflation or deflation during a period of time.

3 0
4 years ago
How do you get started investing in the stock market.
BARSIC [14]

Answer:

so, you need to start with as much as you can, throwing in some money every day. Make sure when the stock is down, you should buy. the lower it is the better for buying. leave your stock there, and don't touch the money unless it is an emergency. You can also invest in an index fund. this means you put your money in the index funds and professionals buy the stocks for you.

Explanation:

I hope this helped!

4 0
3 years ago
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