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4 years ago

Which is riskier, but has the potential for a higher rate of return?saving or investing

Business

2 answers:

Novosadov [1.4K]4 years ago

8 0

Investing is the answer

Arisa [49]4 years ago

7 0

Investing <span>is riskier but has the potential for a higher rate of return</span>

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Last week pauline worked 35 hours and made $280 how much money did pauline make per hour

erastovalidia [21]

Answer:

Shrek

Explanation:

Shrek caca

8 0

3 years ago

Read 2 more answers

Time to reach a financial goal You have $42,180.53 in a brokerage account, and you plan to deposit an additional $5,000 at the e

andrew11 [14]

Answer:

It take to reach your goal is 11 years

Explanation:

given data

initial fixed amount = $42,180.53

deposit additional = $5,000

account totals = $250,000

expect to earn r = 12%

solution

we will apply Future value of annuity that is express as

Future value of annuity = initial fixed amount × $(1+r)^{t}$ + deposit additional × $\frac{(1+r)^t-1}{r}$ ......................a

put here value and we get

$250,000 = 42,180.53 \times (1+0.12)^{t} + 5,000 \times \frac{(1+0.12)^t-1}{0.12}$

solve it we get

time t = 11

so it take to reach your goal is 11 years

6 0

3 years ago

Al is a medical doctor who conducts his practice as a sole proprietor. During 2014, he received cash of $280,000 for medical ser

Vinvika [58]

Answer:

Al should use the cash method of accounting so that he will not have to pay income taxes on uncollected accounts receivable

gross income = $292,000

gross income computed by the accrual method = $300000

Explanation:

given data

received cash = $280,000

services provided = $40,000

accounts receivable = $60,000

advance payment = $12,000

solution

as we know that Al's gross income on the cash basis is

gross income = ($280,000 + $12,000) = $292,000

and

Al gross income computed by the accrual method is as following

as we know here Cash received $292,000

gross income computed by the accrual method = Cash received - advance payment - services provided + accounts receivable

gross income computed by the accrual method = 292,000 - 12,000 - 40,000 + 60,000

gross income computed by the accrual method = $300000

Al should use the cash method of accounting so that he will not have to pay income taxes on uncollected accounts receivable

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3 years ago

Why should you make sure that your cover letter has no spelling or grammar errors?

satela [25.4K]

<span>silly mistakes and minor oversights may be a reason your cover letter is thrown out. </span>

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3 years ago

Stock prices start to rise:

LenaWriter [7]

Answer:

b.when the unemployment rate begins to decline following a recession.

Explanation:

In a recession there is usually a general decline in economic activities and a resultant decrease in spending. When recession occurs people will have less money to spend on buying stock so prices will fall s a result of reduced demand.

If however the economy is coming out of recession, economic activities are picking up, and unemployment begins to decline. This will lead to greater economic wealth, people will have more money to spend and demand for shares will rise. This will in turn lead to rise in price of shares.

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4 years ago