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17. If you have earned income, which of the following retirement devices must you contribute to, by law? A. IRA B. Social security (FICA) C. Vesting plan D. Pension plan
Question|Asked by Janiel92518
Asked 7/12/2018 3:27:34 PM
Updated 11/12/2023 7:04:29 PM
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User: 17. If you have earned income, which of the following retirement devices must you contribute to, by law? A. IRA B. Social security (FICA) C. Vesting plan D. Pension plan

Weegy: If you have earned income, by law you must contribute to: Social security (FICA).
Expert answered|Score .9571|Janet17|Points 36746|

User: 18. Caroline bought 20 shares of stock at 101/2, and after 10 months the value of the stocks was 111/4. If Caroline were to sell all her shares of this stock, how much profit would she make? A. $15 B. $10 C. $225 D. $210

Question|Asked by Janiel92518
Asked 7/12/2018 3:27:34 PM
Updated 11/12/2023 7:04:29 PM
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Caroline bought 20 shares of stock at 10 1/2 and after 10 months the value of the stock was 11 1/4 if Caroline were to sell all her shares of this stock. Profit = 11 1/4 - 10 1/2 = 3/4 Number of share = 20 . Total profit = 3/4 *20 =$15
Added 7/12/2018 9:20:17 PM
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Questions asked by Janiel92518
1. David is buying a new car for $21,349.00. He plans to make a down payment of $3,000.00. If he's to make monthly payments of $352 for the next five years, what APR has he paid? A. 5% B. 5.9% C. .05% D. 59%
Weegy: David is buying a new car for $21,349.00. He plans to make a down payment of $3,000.00. [ If he's to make monthly payments of $352 for the next five years, the APR he has to pay is 5.9%. Solution: Amount financed: 21349-3000=18349 Total paid: 5years=60months (12×5) 352×60 =21,120 Total interest: 21,120 18,349 =2,771 APR is: (2,771×2×12)÷(18,349×61) =0.059×100=5.9% ] (More)
Question|Asked by Janiel92518
Expert Answered
Asked 7/12/2018 2:30:13 PM
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2. What do the letters CLU stand for in relation to an insurance agent? A. Certified Licensed Underwriter B. Chartered Legal Underwriter C. Certified Legal Underwriter D. Chartered Life Underwriter
Weegy: In relation to an insurance agent, CLU stands for Chartered Life Underwriter. User: 3. The Waverly Brush Company issued 4,000 shares of common stock worth $200,000.00 total. What is the par value of each share? A. $50 B. $400 C. $500 D. $40 Weegy: The Waverly Brush Company issued 4,000 shares of common stock worth $200,000.00 total. $50 is the par value of each share. 200 000/4000 = 50 50 x 4000 = 200 000 User: 4. What should be the top item on a list of your life goals? A. A goal you think others would want you to complete B. A goal that's financially feasible C. A goal that's easily achievable D. A goal that's most important to you Weegy: A goal that's most important to you should be the top item on a list of your life goals. User: 5. The coverage included in an automobile insurance policy that covers property damage is _______ insurance. A. supplemental B. liability C. major medical D. term Weegy: The coverage included in an automobile insurance policy that covers property damage is LIABILITY insurance. User: 6. If a company has 245 shares of common stock and $275,000.00 to be distributed to its holders, how much would each share receive? A. $11,245.80 B. $112.45 C. $1,122.45 D. $1,233.00 (More)
Question|Asked by Janiel92518
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Updated 7/12/2018 9:24:36 PM
1 Answer/Comment
If a company has 245 shares of common stock and $275,000.00 to be distributed to its holders, each would receive share $1,122.45. share recieved = $275,000 / 245 = $1,122.45
Added 7/12/2018 9:24:36 PM
This answer has been confirmed as correct and helpful.
Confirmed by oldwallet [12/29/2024 1:13:23 PM]
7. Ten weeks ago Jerry bought stock at 211/2; today the stock is valued at 203/8. We could say the stock is performing at which of the following? A. On par B. Par equality C. Above par D. Below par
Question|Asked by Janiel92518
Not Answered
Updated 7/12/2018 9:27:13 PM
1 Answer/Comment
Ten weeks ago Jerry bought stock at 211/2; today the stock is valued at 203/8. The stock is performing at Below par. loss = 21 1/2 - 20 3/8 = 43/2 - 163/8 = 21.5 - 20.375 = 1.125
Added 7/12/2018 9:27:13 PM
This answer has been confirmed as correct and helpful.
Confirmed by oldwallet [12/29/2024 1:13:19 PM]
8. Which one of the following items is an example of software? A. Keyboard B. Mouse C. Printer D. Word-processing program
Weegy: Word-processing program is an example of software. User: 9. A share of stock in the Lofty Cheese Company is quoted at 251/4. Suppose you hold 30 shares of that stock, which you bought at 201/4. If you sell your stock at 251/4, which one of the following statements would be true? A. You'll make a profit of $150. B. You'll suffer a loss of $150. C. You'll make a profit of $15. D. You'll suffer a loss of $15. (More)
Question|Asked by Janiel92518
Not Answered
Updated 7/12/2018 9:27:39 PM
1 Answer/Comment
A share of stock in the Lofty Cheese Company is quoted at 251/4. Suppose you hold 30 shares of that stock, which you bought at 201/4. If you sell your stock at 251/4. Profit = 25 1/4 = 20 1/4 = 101/4 - 81/ 4 = (20/4) = 5. Number of share = 30 , Total Profit = 30 *5 = $150. You'll make a profit of $150
Added 7/12/2018 9:27:39 PM
This answer has been confirmed as correct and helpful.
Confirmed by oldwallet [12/29/2024 1:13:17 PM]
10. John Gray bought a basic car for $32,750.00, with options that cost $375.00. There's a 6% sales tax in his state and a combined $50.00 license and registration fee. What was John's total cost? A. $35,140.00 B. $35,165.50 C. $33,175.00 D. $35,162.50
Question|Asked by Janiel92518
Not Answered
Updated 7/12/2018 9:28:10 PM
1 Answer/Comment
John Gray bought a basic car for $32,750.00,option cost = $375 , tax= (32,750.00+ 375) * 0.06 = $1987.50, license and registration fee =$50, total cost =32,750 + $ 1987.50 +50 +375 = $35162.50
Added 7/12/2018 9:28:10 PM
This answer has been confirmed as correct and helpful.
Confirmed by oldwallet [12/29/2024 1:13:08 PM]
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