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Andre45 [30]
2 years ago
11

The goal of investing $50 per month for the next 12 years for your nephew's college fund is a(n):______goal.

Business
1 answer:
AlladinOne [14]2 years ago
7 0

An investment vehicle known as a mutual fund pools the money of its shareholders and uses it to buy securities like stocks, bonds, money market instruments, and other assets. Professional money managers who specialize in managing mutual funds deploy the assets of the fund to produce capital gains or income for the fund's investors.

The portfolio of a mutual fund is structured and managed to meet the investment objectives stated in the prospectus. Mutual funds provide access to professionally managed portfolios of stocks, bonds, and other securities to small and individual investors. As a result, each shareholder shares in the fund's profits or losses in proportion.

Mutual funds invest in a wide range of securities, and their performance is typically measured by the change in the fund's total market capitalization.

To learn more about mutual fund , click here

brainly.com/question/27988055

#SPJ4

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Does anyone have a copy of the spreadsheet assignment for career prep b
daser333 [38]

Answer:

030

Explanation:

030

6 0
2 years ago
Dima called her friend to tell her that she saved 30% on her new skirt at a discount store. Her friend told her that she could h
FromTheMoon [43]

If the original price of Dima’s skirt was $54, the amount that she have saved at the store was option(b)i.e, $1.80.

Let's just take the sales price of the skirt Dima purchased from the discount shop as the rate of the other retailer is not provided.

Original price: $54

Discount rate: 30%

$54 x 30% = $16.20 value of the discount

$54 - 16.20 = $37.80 discounted price.

Since Dima's friend told her she could have had a better deal at a different store, this means that the discount rate is higher than 30%. i.e, the discount is 33.33%

$54 x 33.33%  = $17.99 value of the discount

$54 - 17.99 = $36.00 discounted price.

Discount store: $37.80

Different store: $36.00

The different store sales price is cheaper by $1.80

Therefore, she could have saved $1.80 at the store her friend suggested.

To know more about discount rate refer to:  brainly.com/question/13660799

#SPJ1

6 0
1 year ago
The board of directors of Blue Spruce Corp. declared a cash dividend of $2 per share on 42000 shares of common stock on July 15,
lyudmila [28]

Answer:

Dr Dividends payable ($2*42000) $84000

Cr Cash                                                          $84000

Explanation:

Initially,on July 15 2017, the necessary entries would be to debit retained earnings and credit dividends payable with $84000 to show that the company owes the shareholders dividends.

On the payment date, the entries would to debit dividends payable and to record outflow of cash used in making the dividends payment,hence cash or bank account is credited as a decrease in cash and corresponding entry posted to dividends payable.

3 0
3 years ago
when your mom is spanking you what should you do? A.put her in a lock B.call her parents C.tell jamall to calm down D.take the h
nekit [7.7K]

Answer: Take the hits bro. Then call her parents

Explanation: Memes that slap harder than my dads belt!!!! Lol

8 0
3 years ago
you are saving $30 each month. you have a goal to accumulate $700 in savings. how long will it take you?
vredina [299]
<span>Goal = accumulate $700 in savings
</span><span>Saving = $30 a month
</span><span> To solve: Take the goal savings amount of $700 and divide the amount that is going into the savings monthly, $30 by it.
</span><span>$700/$30 = 23.33 months
</span><span>If sticking to a full month goal, it would take 24 months for the savings to be at $700. </span>
5 0
3 years ago
Read 2 more answers
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