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Aleksandr [31]
2 years ago
13

An investor wants to save money over a long period of time. This investor does not need to have easy access to the money and is

worried about losing any money. Knowing the interest rate and that it will not change is important. Which investment best meets this investor's needs?
Bonds
IRA
Mutual fund
Traditional savings account
Business
1 answer:
Mariana [72]2 years ago
6 0

If an investor wants to save money over a long period without easy access to the money and knowing the interest rate will not change, they need <u>A. Bonds</u>.

<h3>What are bonds?</h3>

Bonds are securities that guarantee the return of capital and periodic interests on a long-term basis.

Types of Bonds include:

  • U.S. Treasury Bonds
  • Corporate Bonds
  • Municipal Bonds.

Thus, if an investor wants to save money over a long period without easy access to the money and knowing the interest rate will not change, they need <u>A. Bonds</u>.

Learn more about long-term investments at brainly.com/question/17050326

#SPJ1

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Answer:

$720

Explanation:

Given that,

Principal = $36,000

Rate = 6% per year

Note issued by West carried an 18-month term.

Time period: 1st September to December = 4 Months

Interest expense = Principal × Rate × Time period

= 36,000 × 6% × (4 ÷ 12)

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Therefore, the amount of interest expense appearing on West's 2016 income statement would be $720.

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6 0
3 years ago
Sam’s Auto Shop services and repairs a particular brand of foreign automobile. Sam uses oil filters throughout the year. The sho
Sindrei [870]

Answer:

The EOQ is 353 units

Explanation:

The economic order quantity or EOQ is the quantoty that minimized the holding and ordering cost for invetory.

The formula for EOQ is,

EOQ = √(2*D*O) / H

Where,

  • D is the annual demand in units
  • O is the ordering cost per order
  • H is the holding cost per unit per annum

The annual demand of oil filters by Sam is,

Annual demand = 52 * 150 = 7800 filters

The EOQ for Sam Auto Shop is,

EOQ = √(2*7800*16) / 2

EOQ = 353.27 Units rounded off to 353 units

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Explanation:

hope this helps :)

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3 years ago
Read 2 more answers
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