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Flura [38]
3 years ago
5

You are to make monthly deposits of $700 into a retirement account that pays an APR of 10.2 percent compounded monthly. If your

first deposit will be made one month from now, how large will your retirement account be in 32 years

Business
1 answer:
Orlov [11]3 years ago
8 0

Answer:

$20,41,995.21  

Explanation:

The calculation of retirement account value is given below:-

Monthly deposit              700   pmt

Interest rate                     0.102

years                                  32

Compounding per year    12

Monthly interest rate         0.0085  rate

Number of periods            384  nper

The formula is shown below

=FV(rate,nper,pmt,pv)

After applying the formula the Retirement account value  is $20,41,995.21

and for better calculation please find the attachment.

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The interaction between information systems and organizations is:_____________
lesya692 [45]

Answer:

The correct answer is 2

Explanation:

Information system is the system which aims to support the operations, decision making and management of the organization. The system of organization is created or established in order to process, store, collect as well as distribute the information.

Organizations are those who uses the information system.

So, the interaction among the organizations and information system is the complex procedure, involve two way relationship which is mediated through factors like the structure of organization and environment.

4 0
3 years ago
Say the average increase in pay for non-union workers in 2011 is 2% across the U.S. If a workers' union successfully negotiates
4vir4ik [10]

Answer:

cut back the expansion of labor as a trade off between higher salaries but fewer workers.

Explanation:

If the employer believes that he is paying above average wages, he will try to reduce labor costs. Since unions are specially good in preventing massive layoffs, the other alternative left for the employer is to not hire new employees, or reduce the number of new employees that he expected to hire.

6 0
3 years ago
Last​ weekend, Bob attended the university football game. At the opening​ kickoff, the crowd stood up. Bob therefore had to stan
Tatiana [17]

Answer:

a non-cooperative game strategy, where participants independently choose their strategy to maximize their payoffs.

Explanation:

From the question, we are informed about Bob, who attended the university football game last week . At the opening​ kickoff, the crowd stood up. Bob therefore had to stand up as well to see the game. In this​ case, Bob was participating in a non-cooperative game of​ strategy, where participants collectively choose their strategy to maximize their joint payoffs. Non-cooperative game strategy can be regarded as the rational ways economic agent relate with each other so that their goals can be achieved. In this game both the available strategies as well as the outcome from various choices will be listed.

6 0
2 years ago
Republic Resorts owns numerous hotels on each of the Hawaiian Islands. The company's performance reporting system is structured
iris [78.8K]

Answer:

The best depiction of the information level given to a department manager versus that reported to a company vice-president is:

    Department Manager     Company Vice-President

B.  Somewhat detailed         Somewhat summarized

Explanation:

At the operational level of the organization, the information requirement is for detailed data to help the department manager act on operational decisions.  At the tactical level where the vice-president operates, the information requirement is for data that is somewhat summarized but not too detailed.  The highest level of the organizational hierarchy is the strategic level, where information requirement concentrates on detailed reports and not detailed data but highly summarized data.

7 0
3 years ago
When will diversity affect the workplace?
DochEvi [55]
It already does affect the workplace.
8 0
3 years ago
Read 2 more answers
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