Fred and Carlie want to save some money for a down payment on a house. They figure it will take at least 10 years to save up enough money. Which of the following would be the best way for them to save this money?
A) Traditional IRA
B) Roth IRA
C) 529 Savings Plan
D) Keogh Plan
Answer: B
Business
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For an accounting equation to balance, a transaction must affect both sides of the equation
Indicate whether the statement is true or false
Business
Rite Price Parts buys aluminum from a metals clearinghouse. The metal is fabricated into frames, which the company sells to TV manufacturers. In this scenario, Rite Price Parts serves as which stakeholders in the business environment?
A) customer and distributor B) customer and vendor C) vendor and distributor D) customer and partner E) distributor and supplier
Business