Mutual Funds can be a good option if you're okay with the lack of investment decisions; however, people often lose money due to the risk of securities going down in value.
are going to be your best option for short-term investments.
are going to be your best option for long-term investments.
are going to be your best option for investing in bigger stocks.
Answer:
A credit union
Explanation:
As it says in Chapter 5,
"The financial institutions that most people use serve as intermediaries between suppliers (savers) and users (borrowers) of funds. These deposit-type institutions include commercial banks, savings and loan associations, mutual savings banks, and credit unions" (p. 7, or 142)
The rest are other financial institutions
"Financial services are also available from institutions such as life insurance companies, investment companies, finance companies, mortgage companies, pawnshops, and check-cashing outlets" (p. 9, or 144)
Answer:
$3,168
Explanation:
We will receive $4000 in future (after 4 years time) which means all we want to know is the amount that we Derek must deposit today.
This present value of the $4000 payment received after 4 years from today can be calculated using the following formula:
Present value = Future Value / (1 + r)^n
Here
Future Value is $4000
r is 6%
n is 4 years
So by putting values, we have:
Present value = $4000 / (1 + 6%)^4 Years
Present value = $3,168
Answer: continuous cost reductions without sacrificing acceptable quality and essential features
Explanation:
A production aimed at providing products at a low cost would target to make price of products manufactured to be relatively low while not losing acceptable quality and key features in products. The low cost of products would attract buyers and the maintained quality would ensure that buyers would continue to purchase that product.
Answer:
A. The man and the remaining woman will be tenants in common
Explanation:
When two or more people have ownership of common property, they are termed to be joint tenants. The ownership is shared by each of the persons. Also, they lie a joint right to all the members to either keep or dispose of the property. This is a legal agreement among the members under which they share equal rights and responsibilities.
Tenancy in common is an option that provides percentage-based ownership. This provision helps in trading the property as per the choice of any of the owners.
As per the given excerpt, the true sentence is that the man and the remaining woman are tenants in common of the property.
