If you are hired by an organization, you would be least hurt by inflation if Your employer has a cost-of-living adjustment clause in the employment contract If your employer provides fixed annual increases in salaries and benefits in the employment contract O The government increases social security retirement payments in anticipation of expected inflation O You increase savings in your bank account in anticipation of expected rise in inflation

A taxpayer has a pension income of £3,100 a month and savings income of £1000. What is the personal savings allowance available?   £0   £1,000   £500   £5,000

Suppose a wealthy individual approaches you and says, “Because of your outstanding ability to manage money, I am prepared to present you with a tax-free gift of $1,000. If you prefer, however, I will postpone the presentation for a year, at which time I will guarantee that you will receive a tax-free gift of $X.” (For purposes of this example, assume that the guarantee is risk-free.) In other words, you can choose to receive $1,000 today or receive $X 1 year from today. Which would you choose if X equals (1) $1,000, (2) $1,050, (3) $1,100, (4) $1,500, (5) $2,000, (6) $5,000, (7) $10,000, (8) $100,000? Suppose the student is guaranteed to receive $1,100 one year from today, and nothing thereafter, if $1,000 is invested today in a particular venture. What is the return on the student’s investment?

Bankrate.com reported on a shocking statistic: only 54% of workers participate in their company's retirement plan. This means that 46% do not. With such an uncertain future for Social Security, this can leave almost 1 in 2 individuals without proper income during retirement. Jill Collins, 20, decided she needs to have $280,000 in her retirement account upon retiring at 60. How much does she need to invest each year at 5% compounded annually to meet her goal? (Please use the following provided Table) (Do not round intermediate calculations. Round your answer to the nearest dollar amount.) i.......... Each year investment