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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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Rollo is a member of smooth operators llc, a limousine service. rollo’s relationship to smooth operators ends, but the firm cont
JulsSmile [24]

Rollo is a member of smooth operators llc, a limousine service. rollo’s relationship to smooth operators ends, but the firm continues to do business. this is dissociation.

One way the mind deals with too much stress, such as during a traumatic experience, is through dissociation. Dissociation experiences can last for a very short period of time (hours or days) or for a very lengthy period of time (weeks or months). You could acquire a dissociative disorder if you disassociate for a prolonged period of time, especially if you're young.

Everyone has gone through this process before. Daydreaming, highway hypnosis, or "getting lost" in a book or movie are all instances of mild, everyday dissociation that include "losing touch" with awareness of one's immediate surroundings.

Learn more about Dissociation here

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4 0
2 years ago
Capitalizing goodwill only when it is purchased in an arm's-length transaction, and not capitalizing any goodwill generated inte
stiv31 [10]

Answer:

The correct answer is (C)

Explanation:

They are the two crucial characteristics that are general used to make accounting data more useful to make long-term decisions. To be exact, faithful representation helps to attain the relevant data for the company and this quality enhances the reliability of financial data. Completeness, fairness and free of error these three characteristic are a part of faithful representation of data.

7 0
3 years ago
The time value of a call option is I) the difference between the option's price and the value it would have if it were expiring
Nat2105 [25]

Answer:

I) The difference between the option's price and the value it would have if it were expiring immediately

Explanation:

Time value in options trading simply refers to the part of an option's premium (cost or price) which is attributed to the amount of the time remaining until expiration.

An addition of the option's time value and intrinsic value equals the total premium of an option.

Therefore, we can mathematically state that:

Time Value = Option Premuim(Price) - Intrinsic Value.

The Option Premuim is an amount of money known as the price or cost.

In an exchange for the right granted by the option, an option buyer pays for the premium to an option seller.

Generally, it is seen that the more time that remains until the expiration, the greater the time value of the option. This happens as a result of investors willing to pay a higher premium for more time since the longer time taken to execute contract will be profitable due to a favorable move in the underlying asset.

Also, the lesser time remaining on an option will result in lesser willingness of investors to pay because the probability for profitability is slim.

4 0
3 years ago
Read 2 more answers
The first phase of networking, in which you describe your business, is referred to asA. exchange of information.
Fed [463]
The first phase of networking, in which you describe your business, is referred to as A.) EXCHANGE OF INFORMATION.

Exchange of information include information about the company, product, and its key goals, as well as, information regarding the potential networker.

Describing your business to potential networkers does not guarantee that they will automatically join the business, they need to think things over and after a few days, you need to do a follow-up.
5 0
3 years ago
Read 2 more answers
the cost of goods manufactured for the year was $415,000. the unadjusted cost of goods sold for the year was
aev [14]

Answer:

$403,000

Explanation:

Calculation for what The unadjusted Cost of Goods Sold for the year was:

Finished goods inventory, 1/1 38,000

Add: Cost of goods manufactured 415,000

Goods available for sale 453,000

(38,000+415,000)

Less Finished goods inventory, 12/31 50,000

Unadjusted Cost of goods sold $403,000

(453,000-50,000)

Therefore The unadjusted Cost of Goods Sold for the year was:$403,000

5 0
3 years ago
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