Answer:
B. The purchase of a variable annuity contract
Explanation:
The variable annuity contract is the contract in which there is no limit in terms of dollars for contributions and the income i.e. earned on the investment should be considered as a tax deferred
Since the invested amount is $1,000 per month so for yearly it is $12,000.
Also the IRA account permits $5,500 contribution for the year 2018 so this not meet the requirement of $12,000
Also the large returns bonds are speculative and thus not considered for the income used in the retirement
Hence, the option is correct
Answer:
D.
Explanation:
A brokers' call can be defined as the interest rate that banks charge on loans given to brokerage firms. It is also known as call loan rates. The brokers use this loan to fund their traders' margin account.
The statements correct about brokers' calls from the given options is D. The broker's calls are funds used by both individuals and broker from the bank. Individuals use this loan to buy stocks whereas brokers borrow with an agreement to repay immediately.
Therefore, option D is correct.
Rather than taking $10,000.00 from a dormant account to carry out the operation, she could have solicited funds elsewhere.
1. This is an ethical problem. In this case, the bank teller is wrong for taking $10,000.00 from the dormant account to carry out the operation. This is wrong and she could be sent to jail because this is fraudulent.
2. The stakeholders, in this case, are the bank, and the owner of the account.
3. The alternatives that the bank teller could have done include:
- Borrowing from friends
- Taking a loan.
- Soliciting for help online or from non-profit organizations.
4. I'll choose "Soliciting for help online or from non-profit organizations" since it'll be free and I won't have to pay the loan back.
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Answer:
If A = { a , c , e } , B = { b , c , d ) and C = { a , c , d , f ) , find n ( A n B n C)
Answer:
The correct answer is personal consumption plus gross private investment plus government spending plus net exports.
Explanation:
Total spending in an economy is the sum of personal consumption plus gross private investment plus government spending plus net exports.
Personal consumption expenditure is spending by consumers on goods and services. Gross private investment is the expenditure by the businesses.
Government spending is the expenses incurred by the government. Net exports are the amount spend on the purchase of goods and services from abroad.
All these together make total spending in an economy.