Homer and Marge Are Married and Have an Adjusted Gross

question 113

Multiple Choice

Homer and Marge are married and have an adjusted gross income of $179,000.Currently,neither is covered by an employer sponsored pension plan.They have never established an Individual Retirement Account until this year,when they opened a Roth IRA.What is the maximum amount they can each contribute to Roth IRAs?

• A)$1,000
• B)$2,000
• C)$2,750
• D)$4,950
• E)$5,500

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Definitions:

Primitive Type

A fundamental data type provided by a programming language that is not composed of other data types, such as int or boolean in Java.

Boxing

The process of converting a primitive type into its corresponding reference type or object.

Static Method

A method that belongs to the class, rather than instances of it, and can be called without creating an object of the class.

Class Name

A name given to a class to identify it in a program. It follows naming conventions and is used to create objects or instances.