Difference in Roth IRA and Traditional IRAs, pension plans, 401Ks

Answers

Answer 1

Answer:

Contributions to a 401(k) are pre-tax, meaning they are deposited before your income taxes are deducted from your paycheck. However, when in retirement, withdrawals are taxed at your then-current income tax rate. Conversely, there is no tax savings or deduction for contributions to a Roth IRA


Related Questions

PLEASE HELPPP THIS IS SUE IN 5 MINUTESSS! I WILL MARK YOU AS BRAINLIEST!!!!!

The expression 12 dollars t can be used to find the total cost for t tickets to the movie theater. Choose the correct number expression to represent 12 dollars times t.
A) 12+t
B) 12-t
C) 12/t
D) 12*t

Answers

Answer:

D) 12*t

Step-by-step explanation:

It askes for the correct number expression to represent 12 dollars times t

and * means times so this expression 12*t literally means 12 dollars times t

so D) is your answer or D) 12*t

good luck with ur assignment or test! hope u aced it.

Daniel plays two games in the casino. The first game he believes he has 60% chance to win. If he wins the first game, he will win the second game with 25% chance, if he loses the first game, he will win the second game with 75% chance. The winning prices for the first and second game are $1 and $2 respectively
A. What is the probability that he wins the second game?
B. If he wins the second game, what is the probability that he also won the first game?
C. What is the expected value for the price he wins from the two games? What is the variance of it?

Answers

Answer:

1) the probability that he wins the second game is 0.45

2) the probability he wins the first game given that he won the second game is 0.333  

3) Expected Value is $ 1.5 and the variance is 0.75

Step-by-step explanation:

Given the data in the question;

Let Win1 represent first game victory

and Loss1 represent first game loss

Let Win2 denote second game victory

and Loss2 denote second game loss

now from the Tree diagram of Daniel;

P ( Win1 ) = 0.6

P ( Loss1 ) = 0.4

P ( Win2 | Win1 ) = 0.25

P ( Loss2 | Win1 ) = 0.75

P ( Win2 | Loss1 ) = 0.75

P ( Loss2 | Loss1 ) = 0.25

1) probability that he wins the second game will be;

P ( Win2 )  =  [P ( Win1 ) × P ( Win2 | Win1 )] + [P ( Loss1 ) × P ( Win2 | Loss1 ) ]

we substitute

= [0.6 × 0.25] + [0.4 * 0.75] = 0.45

Therefore the probability that he wins the second game is 0.45

2)

If he wins the second game, what is the probability that he also won the first game  will be;

{From Bayes' Theorem}

P ( Win1 | Win2 )  =  P ( Win1 ) × P ( Win2 | Win1 ) / P ( Win2 )

= 0.6 × 0.25 / 0.45 = 0.333  

Therefore the probability he wins the first game given that he won the second game is 0.333  

c)

winnings       probability

$0                  0.4 × 0.25 = 0.1

$1                   0.6 × 0.75 = 0.45

$2                  0.4 × 0.75 = 0.3

$3                  0.6 × 0.25 = 0.15

so Expected Value = ∑( winnings × individual win probability)

=  (0 × 0.1) + (1 × 0.45) + (2 × 0.3) + (3 × 0.15)

= 0 + 0.45 + 0.6 + 0.45

= $ 1.5

Variance = ∑( X² ) - (∑(X))²

∑( X² ) = Summation of ( Winnings² × Probability of Each Win )

so

Variance = 0 × 0 × 0.1 + 1 × 1 × 0.45 + 2 × 2 × 0.3 + 3 × 3 × 0.15 - ( 1.5 )²

Variance = 0 + 0.45 + 1.2 + 1.35 - 2.25

Variance = 3 - 2.25

Variance = 0.75

Therefore Expected Value is $ 1.5 and the variance is 0.75

Car X travels 186 miles and 3 hours right the equation of the line that describes the relationship between distance and time

Answers

Answer:

Y=62x

Step-by-step explanation:

The equation of the line that describes the relationship between distance and time is (y = 62x) and this can be determined by using the definition of speed.

Given :

Car X travels 186 miles and 3 hours.

The following steps can be used to determine the equation of the line that describes the relationship between distance and time:

Step 1 - Let the total distance covered by car X be 'y' and the total time taken by car to cover that distance be 'x'.

Step 2 - The speed is given by the ratio of distance to time.

[tex]\rm Speed = \dfrac{Distance }{Time}[/tex]

Step 3 - Now, put the value of distance and time in the above equation.

[tex]\rm Speed = \dfrac{y}{x}[/tex]   ---- (1)

Step 4 - According to the given data the speed is given by:

[tex]\rm Speed = \dfrac{186}{3} = 62\; miles/hour[/tex]

Step 5 - Now, put the value of speed in equation (1).

[tex]\dfrac{y}{x}= 62[/tex]

y = 62x

The equation of the line that describes the relationship between distance and time is (y = 62x).

For more information, refer to the line given below:

https://brainly.com/question/23774048

Which describes the missing number plotted on the number line?
A. the opposite of -4
B. the opposite of 4
C. the absolute value of -4
D. the absolute value of 4

Answers

The answer is C for that

The value of x, rounded to the nearest tenth is...

Answers

Answer:

67

Step-by-step explanation:

67 I’m pretty sure :(

The table represents a function.

Answers

Answer:

4

Step-by-step explanation:

4
.........................















When f(n) = 34, what is the value of f(n-6)?

Answers

Answer:

28

Step-by-step explanation:

f(n)=34, f(n-6)=34-6

=28

Marla sold 12 baseball caps for a total of $39, including tax. The equation. 12c=39 can be used to find c, the cost of one cap. What is the value of c​

Answers

Answer:

$3.25

Step-by-step explanation:

12c = 39

12/12 =0

39/12 = 3.25

c = 3.25

(Numerical problems) A car is running with the velocity of 72km/h. What will be it's velocity after 5s if it's acceleration is -2m/s square​

Answers

Step-by-step explanation:

72km/h = 72,000m/3,600s = 20m/s.

Using Kinematics, we have

v = u + at

= (20m/s) + (-2m/s²)(5s)

= 10m/s.

Hence the velocity will be 10m/s. (or 36km/h)

There were 239 people at a Travis Scott concert. Admission to the drive-in concert was $15 for adults and $5.50 for children. The total cost was $2758.50.

Part A: Set up a system of equations.

Solve the system of equations algebraically. SHOW ALL WORK!


How many adults attended? How many children attended?

(i need it asap pleaseeeee)

Answers

100$ don’t trust me thought lol

Stephanie needs to cover her yard with 410taft2of soil. She has enough for 125ft2in one bag and 65 ft2in another bag. How much more square feet of soil will she need covered?

Answers

Answer:

Stephanie needs 220ft² of more soil to cover the rest of her yard.

Step-by-step explanation:

First add the bags she already has:125ft²+65ft²+x=410ft² --> 190ft²+x=410ft²

Second use the subtraction property of equality: 190ft²-190ft²+x=410ft²-190ft² ---> x=220ft²

help please and thank you

Answers

Answer:

43

Step-by-step explanation:

your welcome. hope this helps u, if not im sorry

************************

Answers

Answer: I think i my be wrong but i thing its B

Step-by-step explanation:

Find the unknown (?) to make the fractions equivalent. The ? Is equal to :

-3

-5

-1

-7

Answers

-1 bc -1/-1 equal 1 and 2/5 is equal to 14/35. so 1 times 2/5 would still equal 14/35 (or 2/5)

Answer:

C: 1

Step-by-step explanation:

14/35 simplified is 2/5. This means 2/5 is equivalent to 14/35. Therefore we have to multiply 2/5 by 1 which is option C.

the students Bend 1/8 of an hour each evening reading a book about biplanes if it took the student 10 evening to finish the book how many hours in all did the students spend reading ​

Answers

Answer:

C. 3¾

Step-by-step explanation:

Number of hours spent per evening reading the book = ⅜ hr

Number of evenings it took to complete reading the book = 10

Total number of hours spent in reading = ⅜ × 10 = 30/8

Simplify

= 15/4

= 3¾ hours

Please help as fast as you can

Answers

1/12 i think in fraction form or 6/1

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Answers

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After one week of meals, the bottle of ketchup contains 25% of its original amount. How many ounces are in the bottle after one week?

Answers

Answer:

25/7 I think not sure though

Toni can carry up to 16 lb in her backpack. Her lunch weighs 1 lb, her gym clothes weigh 3 lb, and her books (b) weigh 3 lb each. How many books can she carry in her backpack?

Answers

Answer:

4 Books

Step-by-step explanation:

3+1 = 4

16 - 4 = 12

3x4 = 12

h(n)=3n-4 find h(-6)

Answers

Answer:

h(-6) = -22

Step-by-step explanation:

h(n) = 3n - 4

h(-6)= 3(-6) - 4

= -18 - 4

= -22

help!!!!!please!!!!!!!
4x = 64 + 200
what is x ​

Answers

x=66

Step-by-step explanation:

4x = 200 + 64 > 4x = 264 > x= 66

Answer:

x=66

Step-by-step explanation:

Steps

4x=64+200

4x=264

x=66

4 movie tickets cost $48. At this rate, what is the cost of 11 movie tickets? *

Answers

48/4 = $12 per ticket
12 * 11 = $132
It would cost $132 for 11 tickets

Answer:

4 tickets =$48

1 ticket = $48/4

= $ 12

11 tickets =11*$12

= $132

Find the value of the variable.

Answers

X= 4. You get this by setting the two equations equal to each other and isolating the variable and the constant.

help please! will mark brainliest!!

Answers

9514 1404 393

Answer:

  x = 7.5

Step-by-step explanation:

The parallel lines divide the transversals proportionally, so we have ...

  x/5 = 6/4

  x = 5(6/4) . . . . multiply by 5

  x = 7.5

-27+ 20w=73? plsssssssssssssssssssssssssssss

Answers

Answer:

w = 5

Step-by-step explanation:

-27 + 20w = 73

add 27 to both sides

-27 + 27 + 20w = 73 + 27

20w = 100

divide both sides by 20

20w/20 = 100/20

w = 5

The Answer is: w = 5.

Collins Middle School has 245 sixth grade students. If the sixth grade is 35% of the total school, how many students are in the middle school

Answers

Answer:

700

Step-by-step explanation:

A survey of U.S. adults found that 67% oppose raising the Medicare eligibility age from 65 to 67. You randomly select 80 U.S. adults S and ask them how they feel about raising the Medicare eligibility age from 65 to 67. Find the probability that the number who oppose raising the age is (a) at least 65, (b) exactly 50, and (c) more than 60, and (d) identify any unusual events. Explain.

Answers

Answer:

0.477%

6.55%

5.05%

Event in question (a)

Step-by-step explanation:

Given that:

p = 0.67 ; n = 80

Using Normal approximation :

Mean (m) = np = 80 * 0.67 = 53.6

Standard deviation (s) = sqrt(np(1-p)) = sqrt(80*0.67*0.33) = 4.2057

probability that the number who oppose raising the age is

(a) at least 65

65 - 0.5 = 64.5 = x

Z = (x - m) / s

Z = (64.5 - 53.6) / 4.2057 = 2.592

P(Z ≥ 2. 592) = 0.004771 (Z probability calculator)

(b) exactly 50

x = 50 + 0.5 = 50.5 ; x = 50 - 0.5 = 49.5

Z = (50.5 - 53.6) / 4.2057 = - 0.737

Z = (49.5 - 53.6) / 4.2057 = - 0.974

P(Z < - 0.737) - p(Z < 0.974) (Z probability calculator)

0.23056 - 0.16503 = 0.06553

(c) more than 60, and (d) identify any unusual events

x = 60 + 0.5 = 60.5

Z = (60.5 - 53.6) / 4.2057 = 1.64

P(Z > 1.64) = 0.0505

D.) Event with probability of less than 5%, which is event in (a) with probability of 0.477%

Find the slope of the line graphed below.

Answers

-3/2 is the slope :)

Answer:

-3/2 I believe is the answer,

Step-by-step explanation:

Notice that the (left to right) line is going down, indicating it is negative.

Now do rise over run. Rise Is up and down, so 3, and run is left and right so 2, -3/2 is your answer, Correct me if I am wrong

If x and y are 2 complementary angles then find the value of y if measure of angle x is 20 degree
plz help me I am marking branliest to the correct answer

Answers

Answer:

y=70 degrees

Step-by-step explanation:

If 2 angles are complimentary, they add up to 90 degrees.

x+y=90 degrees

x=20 degrees

y=90-20 degrees

y=70 degrees

If that is wrong, try this. Let's say the questions gives us the fact that x is 20 degrees greater than y.

y=x

Substituting x for y, the equation is x+x+20=90

Since y is x, x would also be y, which is 35. then x+20 would be 55.

So y would be 35.

THE ANSWER WOULD BE 70 DEGREES, BUT IF THAT IS WRONG, DO THE SECOND ONE, WHICH IS 35

If I start with 2 and count by 8s until I reach 82, I will get: 2, 10, 18, 26, 82, ... , where 2 is the first number, 10 is the second number and so fourth. If 82 is the Nth number, what is the value of N?

Answers

Answer:

11 is N

Step-by-step explanation:

Since we know the first answer is 2, we can subtract 82 by 2. Afterwards we can divide by 8 since we are counting by 8s, this gets me 10. 10 + the first number is 11

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