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2 years ago

As you get older, a Target Date Fund will adjust

1 answer:

6 0

The target Date fund will adjust by holding your stocks the same and slightly increasing your bonds. Therefore the correct option is (D).

<h3>What is Target-date funds ?</h3>

Target-date funds are the funds which increases the assets for the specific time period. It is also known as exchange traded funds. Thus it is an life cycle fund wherein the allocation of the portfolio gradually becomes more cautious.

The Target Date fund will adjust by holding your stocks the same and slightly increasing your bonds. Therefore the correct option is (D).

Learn more about target Date fund here:

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Old Time Savings Bank pays 3% interest on its savings accounts. If you deposit $1,800 in the bank and leave it there: (Do not ro

klasskru [66]

Answer:

A. $54

B. 55.62

C. $70.46

Explanation:

The formula for calculating compound interest is

FV = P (1 + r ) ^n

FV = Future value

P = Present value

R = interest rate

N = number of years

A. $1,800 (1.03) = $1854

Interest rate = $1854 -$1,800 = $54

B. $1,800 (1.03)^2 = $1,909.62

Interest rate = $1,909.62 - $1854 = $55.62

C. $1,800 (1.03)^10 = $2,419.05

To service the interest rate, we have to determine the future value in year 9

$1,800 (1.03)^9 = $2,348.59

Interest rate = $2,419.05 - $2,348.59 = $70.46

I hope my answer helps you

5 0

3 years ago

Oriole Company reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 Inventory 390 $6

rewona [7]

Answer:

Cost of goods available for sale = $12,480

Explanation:

The cost of goods available for sale is the sum of the value of the opening inventory plus the cost of new purchase. The cost of new purchase would include carriage inward cost if any.

For Oriole company , the cost of goods available for sale would be computed as follows:

Opening inventory 2,340

Purchases

June 12 5,460

June 23 4,680 10,140

Cost of goods available for sale 12,480

Note that the sales made are not relevant for the purpose of determining the cost of goods available for sale. Also, the closing inventory would have been deducted from the cost of goods available for sale to arrive at the cost of goods sold should the question require it.

7 0

3 years ago

The index weighting that results in portfolio weights shifting away from securities that have increased in relative value toward

Sliva [168]

Answer: B. Fundamental weighting.

Explanation:

A fundamentally weighted index refers to a type of equity index whereby the components that are chosen based on the fundamental criteria like the dividend rates, book value, revenue, dividend rates, etc.

Fundamental weighting is the index weighting which results in portfolio weights shifting away from securities that have increased in relative value toward securities that have fallen in relative value whenever the portfolio is rebalanced.

3 0

3 years ago

Holden has always wanted to work in the Government and Public Administration career cluster. He is very good at math and worked

Step2247 [10]

Answer:

the Revenue and Taxation pathway

Explanation:

100% on the test

3 0

3 years ago

Read 2 more answers

If you find yourself in a situation that you think might be escalating, what should you avoid doing?

Anuta_ua [19.1K]

Hi there! The answer is C.

If you find yourself in a situation that you think might be escalation, you should avoid letting people know their issue is not part of your job. When telling people their concerns are not part of your job, it makes the chance of escalation rise.

You could try using options A, B and D in order to keep the involved people as content as possible.

5 0

3 years ago

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