Answer:
A. Pure Risk
Explanation:
Answer:
$250
Explanation:
A 50/100/10 insurance policy means that the policy will cover a maximum of $50,000 for individual injuries, $100,000 as maximum liability for total personal injuries and $10,000 for property damage.
Property damages = $1,800 + $4,000 = $5,800 (fully covered by the policy, max. $10,000).
The drivers, meaning more than 1, therefore we assume that $56,000 was used to cover total personal injuries (fully covered by the policy, max. $100,000).
Therefore, office furnishing must only pay the $250 deductible, since the policy covers the rest of the expenses.
B. left lane change
C. stop for pedestrians
D. right turn
2)the account that earns 1.2 percent compounded monthly
Answer:
2)the account that earns 1.2 percent compounded monthly
Explanation:
Compounded means that it is when the interests will be added to the main account as payment, in this case the cmpounded annualy just gives you 1.2% of the mean balance of the account for the year, while the compounded monthly gives you the same 1.2% of the mean balance of the account but once a year, so it grows 12 times a year, rather than just one, that´s why the account that is compounded monthly will give her more money than the one that is compounded annually.
Sam's employer matching a portion of his contributions to a 401k is essential for him to consider when planning how to allocate his cash flow because it provides a valuable opportunity to maximize his retirement savings.
Employer matching contributions are essentially free money added to Sam's account, increasing the overall value of his retirement fund.
By taking advantage of the employer match, Sam can potentially double his 401k contributions, depending on the match percentage offered by his employer. This significantly accelerates his retirement savings growth and helps him reach his financial goals faster.
Moreover, contributions to a 401k are usually tax-deferred, meaning Sam's taxable income is reduced by the amount he contributes. This results in immediate tax savings, allowing him to allocate more of his cash flow towards his retirement goals.
In addition, the 401k plan provides a long-term investment horizon, allowing Sam's funds to grow through compound interest over time. As his account balance increases, so does the earning potential, which can lead to substantial growth in the long run.
In summary, Sam should prioritize maximizing his employer's 401k matching contributions when allocating his cash flow. Doing so will allow him to take advantage of free money from his employer, reduce his taxable income, and accelerate the growth of his retirement savings, ultimately helping him achieve a more secure financial future.
To know more about Employer matching contributions, refer to the link below:
brainly.com/question/29997233#
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