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igomit [66]
2 years ago
12

Ethan is planning for his retirement. He has narrowed it down to two investment options. The first is an ira where monthly payme

nts are made, in the amount of $416. 66, for 30 years. The second is a roth ira where annual payments are made, in the amount of $5000, for 30 years. If both compound interest at a rate of 2. 5%, determine which account will yield the largest future value for ethan, and how much greater that value will be than that of the other account. Round your final answer to the nearest cent.
Business
1 answer:
vlada-n [284]2 years ago
3 0

Answer:

a.

IRA; $3,552.72

Explanation:

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Which of the following is not a business management perspective that goes beyond the numbers to enable intelligent planning, con
lana [24]
<h2>Lean Production Perspective</h2>

Explanation:

There are 6 Business management perspective. They are:

  1. An ethics perspective
  2. Strategic management perspective
  3. Enterprise risk management
  4. Corporate social responsibility perspective
  5. A process management perspective
  6. A leadership perspective

Here the Lean production perspective does not come under the business management perspective.

Lean production actually deals with cutting down of waste and whilst ensuring quality. This approach is basically a cost-cutting approach where it brings benefit to the business. This is one of the most efficient methods.

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3 years ago
Please select the word from the list that best fits the definition Easily expresses their feelings
qwelly [4]

it is intrapersonal, and i know that for a fact.

7 0
3 years ago
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The variable in an experiment that is observed or measured in response to the experimental condition is known as the _________ v
Ierofanga [76]
Design make liability
5 0
3 years ago
If food makes up about 15% of total expenditure of the country, and if the food prices rise by 10%, while other components of th
omeli [17]

Answer:

c. 1.5%

Explanation:

Food as total Expenditure of Country = 15%

Food's Price rise = 10%

while other components of the price index remain constant price index rise will be calculated as follows:

Price index rise = 15% x 10%

Price index rise = 0.15 x 0.1

Price index rise = 0.015

Price index rise =1.5%

So the correct option is c. 1.5%

7 0
3 years ago
The sales tax in Massachusetts is 5%. Joanne bought a wood stove with a sales tax of $15. What was the cost of the wood stove be
Leya [2.2K]

Answer:

$315

Explanation:

The before-tax cost of the wood stove would comprise of 100% sales price plus 5% sales tax as hinted.

If 5%=$15=sales tax

before-tax sales price=100% sales price+5% sales tax

before-tax sales price=105%

sales tax of 5%=$15

1%=$15/5

1%=$3

105%=$3*105

105%(before tax sales price)=$315

7 0
2 years ago
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