The sarbanes-oxley act created the to oversee the accounting firms that audit public corporations and to establish rules and standards for auditing. a. public company accounting oversight board b. corporate accounting oversight commission c. enron accounting fraud administration d. occupational health and safety administration

Value of investment after 15 years will be $159,405.62

(or) $159,405 (rounded off)

Explanation:

value of retirement account after 15 years

Given information's are

His monthly savings = $500

Interest rate = 7%

Period = 15 years

Value of investment = ((P×(1+i)^n) + P),

where P is the principal,

i is the annual interest rate, and

n is the number of periods

Total investment = $500×12×15 = 90,000

Interest earned

= ((P×(1+i)^n) + P) = (6000 × (1-0.07)15) - 6000) = $69,405.62

Value of investment = (6000 × (1-0.07)15) + 6000) = $159,405.62