The answer is: Jason can choose a term that ends when he wants to buy his car, and his money will earn more interest than in a simple savings account.
The purpose of choosing this type of account is to ensure that Jason's saving is locked until it reach the maturity date. With this, Jason limited himself from actually using the money for other purposes and he can focused on his goal of buying the car that he wants.
Answer:
Correct Answer:
D. Trickle Sort
Explanation:
A Sorting Algorithm is used to rearrange a given array or list elements according to a comparison operator on the elements. From the ones listed, only Trickle Sort is not part of it.
Answer:
Limited partnerships
Explanation:
They are limited partnerships because some of the partners only contribute financially and have liability only to the amount of their investments.
Venture capital firms provides funding for startups or companies in their early stages that they think have high growth prospects or have shown great prospects.
Answer:
$8,348.51
Explanation:
Computation of the year 6 future value of deposits
6 years Future value = $1,600 × (1 + 0.04)^5+ $1,800 × (1 + 0.04)^4+ $1,800 × (1 + 0.04)^3+ $2,100 × (1 + 0.04)^2
6 years Future value= $1,946.64 + $2,105.75 + $2,024.76 + $2,271.36
6 years Future value= $8,348.51
Therefore the year 6 future value of deposits will be $8,348.51
In Participation certificates type of real estate investment do you assume the role of a mortgage or student loan lender receiving interest and principal by check each month.
A municipality or local government will employ a lease-financing agreement to buy real estate. For the purchase and use of the property, the local government is required to make recurring payments during the course of the contract, which is annually renewable.
A certificate of participation is frequently used to make lease-financing contracts available.
Typically, a local government will issue muni bonds, the revenues of which will be utilized to fund a project. A certificate of participation is a substitute for municipal bonds in which the investor purchases a portion of the infrastructure or projects that the government entity plans to finance.
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