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artcher [175]
3 years ago
14

Joe plans to fund his individual retirement account (IRA) with the maximum contribution of $2,500 at the end of each year for th

e next 30 years. If Joe can earn 10 percent on his contributions, how much will he have at the end of the thirtieth year?
Business
1 answer:
gayaneshka [121]3 years ago
8 0

Answer:

$411235

Explanation:

the amount he will have at the end of the thirtieth year F = P × ( (1+r)^n -1) / r

where P = $ 2500

r = 10% = 0.1

n = 30 years

F = $ 2500 ( ( 1 + 0.1) ³⁰ - 1 ) / 0.1 = $41135

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Answer: Controlling PMO

Explanation:

Controlling PMO works as an auditor for the company, tis check the organization tools, processes and ensures if standard are applied in projects. They are known by their level at which they control projects, they manage the project activities and budget. Actions are taken into place when measures are not met in the processes, tools and standard.

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2 years ago
Of the following activities which is MOST likely to be an interaction between the financial manager and the information systems
ryzh [129]

Answer:

The correct answer is the option A: Developing a system to bill customers, pay suppliers and track inventory.

Explanation:

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4 0
3 years ago
What strategy did businesses use to decrease cost and increase profits?
nalin [4]
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5 0
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saveliy_v [14]

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