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Vlada [557]
1 year ago
8

The great thing about IRAs is that you can withdraw money anytime you want, with no financial penalty. True False

Business
1 answer:
tangare [24]1 year ago
7 0

The great thing about IRAs is that you can withdraw money anytime you want with no financial penalty is a false statement.

<h3>What is IRA?</h3>

An individual retirement account refers to a savings account with tax advantages that individuals can open to save and invest in the long term.

The great thing about IRAs is that you can withdraw money anytime you want, with no financial penalty is a false statement.

Learn more about IRA here:

brainly.com/question/9969005

#SPJ1

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Big Canyon Enterprises has bonds on the market making annual payments, with 12 years to maturity, a par value of $1,000, and a p
PSYCHO15rus [73]

Answer:

6.32%

Explanation:

Bonds yield amount = $1,030 × 6.14% = $63.242

Coupon rate = Bond yield amount ÷ Par value of the bond = $63.242 ÷ $1,000 = 0.063242, or 6.32%

Therefore, the coupon rate on the bonds must be 6.32%.

4 0
3 years ago
Suppose you've just inherited $66,000 from your rich Aunt. You're trying to decide whether to keep the $66,000 in cash so that y
Flauer [41]

Answer:

Opportunity cost of holding the money = $1.650

Explanation:

Opportunity cost is the value of the next best alternative sacrificed in favour of a decision.

The opportunity cost of holding the money is the interest on deposit that would be have been earned should it be invested at the savings rate.

Interest on savings deposit = interest rate × deposit

                                         = 2.5%× 66,000= $1,650

Opportunity cost of holding the money = $1.650

3 0
3 years ago
A perfect price discriminating monopoly produces _____.
attashe74 [19]

Answer:

the same quantity of output as a perfectly competitive market. If anything is wrong let me know since I'm new to answering questions

Explanation:

8 0
2 years ago
True or False: Through the use permission marketing programs, customers are allowed to select the type of communications compani
Ulleksa [173]

The given statement is true.

Customers may pick the kind of communications that businesses can have with them via usage permission marketing programs, and they can even opt to be fully removed from both email and conventional mailing lists.

Clickstream selling is the practice of making recommendations for additional purchases on websites based on previously purchased products. Businesses put a lot of effort into lowering the percentage of current customers who leave and never come back.

Consumers now have more influence over communication thanks to the emergence of new technologies. Websites monitor visitors using tools like cookies, pixels, and fingerprinting to analyze browsing habits and deliver tailored information.

To learn more about Clickstream selling  visit:brainly.com/question/28273918

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5 0
1 year ago
During 2020 the Pharoah Company had a net income of $85100. In addition, selected accounts showed the following changes: Account
PSYCHO15rus [73]

Answer:

Cash provided by operating activities $84,700

Explanation:

The computation of the amount of cash provided by operating activities is shown below:

Net income  $85,100

Add: depreciation expense $1,400

Less: increase in account receivable -$2,700

Add: Increase in account payable $900

Cash provided by operating activities $84,700

3 0
3 years ago
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