1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
hichkok12 [17]
3 years ago
15

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:
-BARSIC- [3]3 years ago
7 0

Answer:Accept Option B

Explanation: The concept of Future Value helps to to critically analyze investment opportunities so you can make decisions among options amd most importantly pick the project that yields the highest return.

The Future value of project A after discounting is $881.4 and for project B is $10,487.8

This is because of the difference in the amount invested.

The difference in return is $10,487.8-$881.4 = $9,606.4

You might be interested in
Como se hayan las ecuaciones de oferta y demanda con esos datos?
mylen [45]

Answer:

translate to english pleas

Explanation:

4 0
4 years ago
Todco planned to produce 3,000 units of its single product, Teragram, during November. The standard specifications for one unit
Cerrena [4.2K]

Answer:

C. the actual cost of materials was less than the standard cost.

Explanation:

As it can be seen from the given information that

The Favorable material purchase price is $380

And, non-favorable material quantity variance is $120

So, the total favorable price variance is

= $380 - $120

= $260

This represents that the actual material cost would be lower than the standard cost

hence, the option C is correct

4 0
3 years ago
A ________ pays out cash flows from a collection of assets in different tranches, with the highest
goldenfox [79]

A <u>Collateralized debt obligation</u>​ pays out cash flows from a collection of assets in different tranches, with the highest.

A collateralized debt obligation (CDO) is a complex structured finance product that is subsidized through a pool of loans and different property and offered to institutional buyers. A CDO is a specific form of spinoff due to the fact, as its call implies, its value is derived from some other underlying asset.

For example, if the bank of the US loaned you $10,000 at 10% interest for 5 years, your mortgage can be bought by a person else. The patron of the loan will become entitled to the payments you're making on the loan. With numerous of that money owed in the CDO's portfolio, it is able to then use them as assets to underpin their debt issuance.

A Collateralized Debt obligation (CDO) is a synthetic investment product that represents special loans bundled together and sold with the aid of the lender in the market. The holder of the collateralized debt responsibility can, in principle, acquire the borrowed quantity from the authentic borrower at the end of the mortgage length.

Learn more about Collateralized Debt obligations here:  brainly.com/question/24157864

#SPJ4

4 0
2 years ago
This type of file is created when you save your word processing document.
rosijanka [135]
I believe the answer is data
5 0
4 years ago
Read 2 more answers
We discussed the invasions of the Roman world by various Germanic tribes in the fifth century and the Arab-Islamic conquests of
EleoNora [17]

Answer:

The invaders were able to govern the more advanced civilizations because they adopted most of the conquered civilizations' customs, rules of governance, and even languages and religion.

For example, in the case of the Germanic tribes that conquered the Western Roman Empire, the rulers adopted, one by one, the religion of the Roman Empire: Christianity, more specifically, the Roman Catholic variant.

They also began to use the language of the Empire: Latin, for ecclessiastical and political matters, and while political institutions did change a lot, some of the political institutions of the Empire did survive in the sucessor states that the Germanic rulers carved out of the Roman territory.

7 0
3 years ago
Other questions:
  • In general, education is correlated to income
    6·1 answer
  • In general, ____ parking spaces are easier to maneuver. A. parallel B. straight-in C. hill D. angle
    15·1 answer
  • How does availability of complements act as a value driver?
    6·1 answer
  • Which is NOT an example of a cyclical company?
    7·2 answers
  • Budgeted professional labor is $200,000. One of the firm's professionals completed work and the customer was billed $45,000 for
    13·2 answers
  • g Brief Exercise 5-13 Bridgeport Company reported 2017 net income of $158,800. During 2017, accounts receivable increased by $18
    5·1 answer
  • Life cycle costing (LCC):_______
    8·1 answer
  • Identify the correct pattern of a compound-complex sentence
    5·1 answer
  • Bond X is a premium bond making semiannual payments. The bond has a coupon rate of 9.2%, a YTM of 7.2%, and has 17 years to matu
    14·1 answer
  • Why must an agent present accurate complete and factual plan information to consumers?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!