Carla Lopez deposits $2,400 a year into her retirement account. If these funds have an average earnings of 6 percent over the 40 years until her retirement, what will be the value of her retirement account at the time she retires?

China's new 5 percent tax on disposable wooden chopsticks, reflecting concerns about deforestation, has been praised by environmentalists. the move is hitting hard at the japanese, who consume 25 billion set of wooden chopsticks annually. almost all of the chopsticks used in japan come from china. the reuirements for chinese manufacturers of wooden chopsticks to pay the 5 percent tax is a factor in their external environment.