Jana Has $225,000 of Earned Income in 2015

question 44

Multiple Choice

Jana has $225,000 of earned income in 2015.Calculate the amount she can contribute to a SEP.

• A)$22,500
• B)$24,500
• C)$53,000
• D)$55,000
• E)None of the above

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Definitions:

Semenarche

The first ejaculation. Ejaculation often occurs spontaneously during sleep, in which case it is called a nocturnal emission.

Homo Sapiens

The scientific term for modern humans, characterized by bipedalism and a large brain capacity compared to other primates.

Evolutionary Theories

Theories that explain human behavior in terms of how it contributes to the survival of the species and that look at how our evolutionary past influences individual development.

Growth Spurt

A period of rapid physical growth experienced during adolescence.