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qwelly [4]
3 years ago
7

Which recommendation would be most suitable for a 40-year old client whose main objective is retirement income and preservation

of capital?
Business
1 answer:
melisa1 [442]3 years ago
5 0

Answer:

Fixed deferred annuity

Explanation:

Fixed deferred annuity is a form of saving investment where interest is paid on the invested amount at a rate set by the investment company and defined in the contract , and the interest can be deferred into the future till a withdrawal is made from the annuity contract.

Taxes are not paid but deferred until withdrawal which allows the opportunity to  control when to pay taxes , a good investment sense for long term investment.

This makes it a good investment for a risk adverse investor who will not require investment income until later years but its main goal is retirement income and preservation of capital.

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What are three ways that can ensure your message is clear and not misnunderstood?
N76 [4]
Your communication style matches theirs

ask them what they heard. how they might explain it to others

keep your message on one subject. don't confuse the subject with multiple ideas
4 0
3 years ago
Inflation is a general rise in the level of prices experienced by people in a nation.
vladimir2022 [97]

Answer:

True.

Explanation:

Inflation is an economic term that can be defined as the increase in the prices of a product on the market in a given period.

It can occur due to several factors, when there is an imbalance between supply and demand, then it is correct to say that when the demand for a product is greater than the supply, there will be an increase in prices and, consequently, inflation.

It can also occur when there are situations of monopoly, which is the pricing of a product controlled by a company.

Another factor that causes inflation is the increase in a company's production costs, which can be caused by factors such as scarcity, or economic crisis.

Uncontrolled inflation has a negative impact on the consumer's life, which starts to lose its purchasing capacity and has its quality of life reduced.

4 0
3 years ago
Paxton Company can produce a component of its product that incurs the following costs per unit: direct materials, $10.50; direct
Sav [38]

Answer:

$8.50

Explanation:

Computation for the net incremental cost or savings of buying the component.

Using this formula

Incremental cost = Purchase price -Cost savings

Let plug in the formula

$37 - ($10.50+ $14.50 + 3.50)

Incremental cost=$37-$28.5

Incremental cost= $8.50

Therefore the net incremental cost or savings of buying the component is $8.50

3 0
3 years ago
Why should people be cautious when considering a loan with a variable
maw [93]

Answer: B - The interest rate may increase after an inductor period.

3 0
2 years ago
During the month, merchandise is sold for $80,500 cash and for $119,000 on account. The cost of goods sold is $101,500. What is
REY [17]
First add two numbers and get the sum and then subtract with the third number and get the different ..so the answer will be C: 98000
5 0
3 years ago
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