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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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The Federal Reserve is the nation's CENTRAL bank.
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When designing a product, the style, uses, and other related marketing activities, marketers must: ensure they are culturally ac
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Consider the following five scenarios related to wage inequality. Please label each with the correct source of the identified wa
iren [92.7K]

Answer and Explanation:

1. Compensating differentials: Riley works a less risky job and is therefore paid less than his twin Rowland who drives Chemicals to and fro and is considered to do a more risky make job

2.talent/ability: Bert has a a natural talent and ability

3.Compensating differentials: Rosalie works harder than Henry and so earns more than him

4.Human Capital: Simon is paid more as he is considered to have more knowledge and experience. He is a masters degree while Denise has a bachelor's degree which is considered lower in valuing human capital in an organization.

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The best way to improve search engine ranking is with
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7 0
3 years ago
Seller and Buyer of three apartment buildings sign a memorandum on a paper napkin during lunch. The Seller argues that the agree
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Answer: 1. a. The Statute of Frauds

19. a. Calculation error

Explanation:

1. The Statute of Frauds

This is a common law concept that requires that certain types of transactions and/contracts are to be immortalised in writing.

Some of the contracts involved include the sale of Land ( which this scenario falls under) and contracts that will last a year and beyond.

19. Fraud is the act of misrepresenting facts to deceive others intentionally and make more often than not make financial gains from it.

The key thing to remember is that this done INTENTIONALLY. A Calculation error is just that, an Error. So it is not intentional which means that it is not an element of fraud.

3 0
3 years ago
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