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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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geniusboy [140]

Answer:

$100,000

Explanation:

Coronado Industries

CASH FLOW STATEMENT

For the year ended December 31, 2021

<em>Cash Flow from Investing Activities:</em>

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3 years ago
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konstantin123 [22]

Many organizations are moving away from <u>Specialization </u>because too much of it can lead to bored employees with narrow skill sets.

Specialization refers to individuals and groups focusing on the restricted variety of manufacturing responsibilities they perform great. This specialization requires employees to give up performing other responsibilities at which they're not as professional, leaving those jobs to others who are higher appropriate for them.

The system of focusing one's occupational attention on a specific location of understanding. An increase in process specialization among employees can make them much less bendy because it has a tendency to lessen their capability to carry out other sorts of work inside the enterprise that fall outdoor their specific specialty. +3 -2.

An organizational structure defines how activity duties are formally divided, grouped, and coordinated. The shape of an organization normally features six exclusive factors: work specialization.

Learn more about the organization here: brainly.com/question/24448358

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Yakvenalex [24]

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The correct answer is letter "D": Reduced job satisfaction.

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