Answer:
comment what you want the rest of the word problem so I can answer ok.
Answer:
The strategy that his financial advisor may suggest is:
Shift his portfolio to a more moderate approach.
Step-by-step explanation:
The strategy that got Ronald to this position must have been a high-risk portfolio. Therefore, his adviser should convince him to pursue a more moderate approach to reduce the losses and ensure recovery. However, it is known that high-risk investments attract higher returns than moderate-risk investments. The loss exposure that Ronald has experienced lately may also be cyclical, in which case, it may be more prudent to maintain a long position, as recovery will soon be on the corner.
Using simple interest, it is found that the present value of the cash inflow is of 947.
<h3>Simple Interest</h3>
Simple interest is used when there is a single compounding per time period.
The amount of money after t years in is modeled by:
A(t) = A(0)(1 + rt)
In which:
- A(0) is the initial amount.
- r is the interest rate, as a decimal.
In this problem, the parameters are given as follows:
t = 4, r = 0.08, A(4) = 1250.
Then we solve for A(0) to find the present value.
A(t) = A(0)(1 + rt)
1250 = A(0)(1 + 0.08 x 4)
A(0) = 1250/1.32
A(0) = 947.
More can be learned about simple interest at brainly.com/question/25296782
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Answer:
$406.25
Step-by-step explanation:
Multiply 16.25 by 25:
16.25(25)
= 406.25
So, her gross wages were $406.25