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LUCKY_DIMON [66]
3 years ago
12

Trent is 25 years old and works for a company that matches his 401(k) contribution up to 5%. The interest rate for his 401(k) is

7.3%. If he puts away 10% of his $32,000 salary every year, what would the total of his 401(k) be in 10 years? Round your answer to the nearest cent.
Business
1 answer:
Tpy6a [65]3 years ago
7 0

Answer:

The answer is A.

Explanation:

Just took test

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Answer:

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Explanation:

American criminologist Donald Cressey (1919-1987) proposed the Fraud Triangle Theory to explain the factor leading to such actions. According to Cressey, those components are <em>Pressure, Opportunity, </em>and <em>Rationalization.</em>

David Wolfe and Dana R. Hermanson introduced in 2004 the Fraud Diamond Theory with the same purpose as Cressey but they considered there are four (4) factors influencing individuals to commit fraud: <em>Pressure, Opportunity, Rationalization, </em>and <em>Capability.</em>

Thus, <em>the Diamond Theory includes the capability factor compared to the Triangle Theory that does not.</em>

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