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When deciding how much of their income to save for retirement should workers consider the real or the nominal interest rate that their savings will earn Explain?
In this case the Real Rate of Return (RRR) should be used. A worker saving for his retirement, will be concerned with how much goods his money will be able to buy after finishing work. That is why the inflation should be taken into acount. If using nominal rates you would see how much stuff would you be able to buy TODAY with the amount you will have when retired.
What else can I help you with?
Explain the effect an increase in the retirement age would have on a country's ppf curve?
An inrease in the retirement age would effectively increase a country's labor supply, shifting the production possibilities curve right.
What talk show guest would best be qualified to explain the cut in interest rates?
An Economist :}
Explain why both business investments and purchases of new homes decline when interest rates rise?
When interest rates are high, the cost of money is high. This makes purchasing a home or investing cost more.
Explain who loses from inflation and who loses from unemployment?
explain who loses from inflation and who loses from unemplyment
How do interest rates and inflation affect real estate in south Africa?
explain how do intrest rates and inflation affect the real estate
Can you explain what revenue credit is in a 401k plan?
Revenue credit in a 401k plan is the interest or earnings that are generated on the money in your account. This credit is based on the performance of the investments in your plan and can help your retirement savings grow over time.
How can you sell your military retirement annuity for a cash lump sum?
Explain! Yes is not an answer...
Can you explain what a 401k plan is?
A 401k plan is a retirement plan. Unlike a savings account you can withdraw money instantly but for a retirement plan you cannot touch that money till you reach the recommended retirement age.
Can you explain how 401(k) loans are different from other loans you've learned about?
401(k) loans are different from other loans because they are borrowed from your retirement savings account. With a 401(k) loan, you are essentially borrowing money from yourself and paying it back with interest. This can have implications on your retirement savings and may come with specific rules and restrictions.
Explain the two basic approaches for deciding whether to invest or not?
Net Present Value and Internal Rate of Return
Explain the effect an increase in the retirement age would have on a country's ppf curve?
An inrease in the retirement age would effectively increase a country's labor supply, shifting the production possibilities curve right.
Explain how climate is an important factor in deciding what type of building materials to use when constructing a house?
Igloos don't work in the tropics.
What is a good introduction on an retirement essay?
you should start with a a question ,quote ,or fact about the topic of the essay answer the question or explain the fact
Name the four broad categories of the social security program and explain the purpose of each category?
Retirement, Disability, Survivors and Medicare
Please explain the best time to convert roth to ira.?
The best time to convert Roth IRAs to normal IRAs is when you want to withdrawal funds from your retirement account early. Otherwise, it is better to keep money in the Roth IRA because the Roth IRA has better returns in interest than traditional IRAs.
Can you explain the difference between APR and APY in terms of calculating interest rates?
APR (Annual Percentage Rate) is the annual rate charged for borrowing or earned through an investment, while APY (Annual Percentage Yield) takes compounding into account. APR does not consider compounding, while APY reflects the effect of compounding on the interest rate.
Accounting is political in nature explain how?
It is based on people's self interest therefore it is political
