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2 years ago

Economists call pensions "defined benefits" plans, because:

Business

1 answer:

xxMikexx [17]2 years ago

4 0

Answer:

The correct answer is letter "B": pensions have traditionally been set as a fixed nominal dollar amount per year at retirement.

Explanation:

Pensions are retirement plans employees enroll during their working years. There are different types of pensions being the most common the 401(k), Individual Retirement Account (IRA), and Roth IRA each one with particular features. What all of them have in common is that they allow retired individuals to receive a fixed stream of income per year after they officially stop working. Therefore, that is the reason why economists call pensions as "defined benefits" plans.

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The balances in Sanchez Accounting Services' office supplies account on February 1 and February 28 were $1,100 and $475, respect

Hitman42 [59]

Answer:

$575

Explanation:

Given that,

Opening office supplies = $1,100

Closing office supplies = $475

Office supplies expense for the month = $1,200

Opening stock + Purchases - Closing stock = Consumption

$1,100 + Purchases - $475 = $1,200

$625 + Purchases = $1,200

Purchases = $1,200 - $625

= $575

Therefore, the amount of office supplies was purchased during February is $575.

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2 years ago

Based on your knowledge of word parts, complete the sentence with the correct word. sam had to mix __________ parts of the two c

AURORKA [14]

The answer for this question is. Sam had to mix equal parts of the two chemicals for the experiment. When we say equal, the same in number or amount. If equitably, dealing fairly or equitably with everyone. If equation, a complicated situation or issue. So the right answer is equal.

0 0

2 years ago

Read 2 more answers

Tomorrow at 9:00am you have a job interview. Because interviews have become routine for you and you know how the interview proce

Zigmanuir [339]

Answer:

Neither your self serving bias nor constructs nor ethnocentrism nor stereotypes. None of the stated

3 0

2 years ago

The Flores Family loves to go sailing on the weekends. Mr. Flores has decided to purchase a more spacious sailboat. The sailboat

zavuch27 [327]

Answer:

$367.86

Explanation:

To calculate this, we use the formula for calculating future value annuity (FVA) due as follows:

FV = M × {[(1 + r)^n - 1] ÷ r} × (1 + r) ................................. (1)

Where,

FV = Future value of an annuity or the cost of sailboat = $20,000

M = Amount of each annuity or to deposit monthly = ?

r = Monthly interest rate = 0.06 ÷ 12 = 0.005

n = number of months = 4 years × 12 = 48

Substituting the values into equation (1), we have:

20,000 = M × {[(1 + 0.005)^48 - 1] ÷ 0.005} × (1 + 0.005)

20,000 = M × 54.3683213801713

Making M the subject of the formula and solve, we have:

M = 20,000 ÷ 54.3683213801713 = $367.86

Therefore, Mr. Flores should deposit $367.86 in this account at the beginning of each month to be able to pay cash for the sailboat in 4 years.

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2 years ago

The Federal Trade Commission suspects Billy Williams of unlawful trade activities and has obtained evidence, claimed to be proof

pantera1 [17]

Answer and Explanation:

An agency has the power to execute the law and to bring proceedings against violators. This may be accomplished with no significant constitutional limitations on how the agency is to conduct its investigation of infractions. A search warrant is never required for subject matter observed from a public place; therefore, aerial photography of Williams' place of business can be used by the FTC as proof of wrongdoing. The FTC may also demand the production of relevant papers and documents by Williams, since the constitutional guarantee against unreasonable searches and seizures does not afford much protection with regard to papers and records being investigated by an agency. Lastly, Williams has no right to a jury trial in an administrative hearing.

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2 years ago