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elena55 [62]
2 years ago
8

ears after you win the lottery, a friend in another country calls to ask your advice. By wild coincidence, she has just won anot

her lottery with the same payout schemes. She must make a quick decision about whether to collect her money under the lump sum or the payments over time. What is the best advice to give your friend?
Social Studies
1 answer:
Otrada [13]2 years ago
3 0

Most lotteries allow the winner to take a lump sum or an annuity. The lump sum is a single cash transfer whereas the annuity is a series of annual payments. Most lottery winners, if given the choice, take the lump sum payment. They want all of the money immediately, and that is the main advantage. You have full and complete access to the money. The lump sum payment can have disadvantages, however.

First, if your lottery prize is less than $10 million, you may be in a better income tax position if you receive the proceeds over several years via an annuity rather than up front. Why? Lottery wins are subject to income tax in the year you receive the money. If you take the lump sum option, the entire $10 million is subject to income tax that year. However, if you choose the annuity option, the payments could come to you over several decades. For example, instead of $10 million of income in one year, your annuity payment might be $300,000 a year. Although the $300,000 would be subject to income tax, it would keep you out of the highest state and federal income tax brackets. (In fact, the 2018 tax brackets allow individuals to have  an income of $500,000 a year – and those who are married filing jointly, $600,000 – and still be in the 35%, rather than 37% bracket.)

Second, I strongly believe that for certain people who are more prone to spending, won’t get help from advisors and/or have certain familial pressures, the lump sum option can create more problems. There are lots of lottery winners who you never hear about who do just fine, but there are others who ruin their finances, relationships and lives after they win. For them, having less access to the full amount of the win is better. Instead of having to manage $15 million, they may be much better at managing $800,000 a year.

The annuity is not as cool as a big check, but I’ve never heard anyone complain about receiving a check in the mail every year.

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Grayson was employed as a field technician servicing building HVAC systems, but because of a downturn in the economy, he was lai
givi [52]

Answer:

The correct answer is letter "A": Grayson is underemployed.

Explanation:

Underemployment is the state where the worker is not in full use of their capacity or experience according to the set of skills required for the current job the worker has.  

In the example, Grayson is a technician who was laid off. Unfortunately for him, he takes a store stock -where his technical knowledge is not going to be in fully use, just because he needed to secure at least a job.

4 0
2 years ago
Read 2 more answers
notice the words steinbeck uses to describe the rain and flooding what might the flood symbolize in the story?
sertanlavr [38]

Answer:

The concept of Flood was used as a symbol for signifying the sad overtone of the novel, for representing migration of people and a reference to the Flood of Noah.

Explanation:

In the first part of the Novel the Joad Family was suffering from a drought which caused many families to search for employment elsewhere, leaving their current land (such as the Joads) . California, at that time, was the place said to have an ample amount of opportunities. Therefore, the Joads, like many others, moved to California to survive. However, in the end of the Novel, severe rain began and caused a Flood.

~~~~~~~~~~~~~~~~~~~ Reference Text From Book ~~~~~~~~~~~~~~~~~~~~~

<em>"The rain began with gusty showers, pauses and downpours; and then gradually it settled to a single tempo, small drops and a steady beat, rain that was gray to see through, rain that cut midday light to evening. And at first the dry earth sucked the moisture down and blackened. For two days the earth drank the rain, until the earth was full." </em>(Chapter 29)

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

The earth consumed the rain, until it could no more. Once it was full, the flooding began . This is a symbol for workers moving to California to find jobs . However, this migration ended up causing California to become full of people. Consequently, there were more people than jobs available and issues started to rise again.

Furthermore, Steinbeck's use of Flood also shades light over the tragic theme of the Novel and as the apocalyptic nature of the flood was used as a reference to the Noah's Ark.

4 0
2 years ago
A CEO is considering whether to invest in developing leadership capabilities in its managers. To make this determination, which
mestny [16]

Answer:

Hello!

The answer to this question could be most of these options:

B) <em>Improving managers’ leadership skills will enable them to solve problems more effectively. </em>

C) <em>People with strong leadership skills perform managerial functions more efficiently. </em>

D) <em>How leaders behave has a major impact on employee performance.</em>

<em />

And I will give you an explanation of why these should be taken into account:

The CEO is the highest-ranking executive in a company, who makes corporate decisions and manages all the operations within it. If the CEO invests in developing leadership in its managers, it will need to develop some skills on them such as empathy, strategic planning, commitment, etc. that will arise their leadership.

If the managers know how to be leaders, their decisions, functions and problem-solving strategies will be reflected in their employees and will improve their performance and make it more efficiently.

6 0
2 years ago
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k0ka [10]

Answer:C)ingroups and outgroups

Explanation:

Ingroups are those individuals who belong to the same group that we identify with.This may be people with whom we share similar values, lifestyle, purpose etec such as people who are of the same race, ethnic group , same religion. Usually we have high onion of these groups and we tend to think they are better when compared to the outgroups. We may tend to even criticize the outgroup based on the values of the in-group which is when the gossip may start to kick in.

outgroups are those who are not the part of the group with which we identify. Usually we don't share similar values with these groups and we may isolate ourselves from them and not want any association.

8 0
2 years ago
Which word would best support this sentence?
madreJ [45]
The answer is d plz correct me if I'm wrong 
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