1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
Making payments on time is an important part of managing which of the following?
Darina [25.2K]
Loan account i believe
hope this helps :)
4 0
3 years ago
Read 2 more answers
Countries that are partly industrialized but extract profits from poor countries to pass on to core countries are called?
Alenkasestr [34]

Semiperipheral countries. they have traditional values and institutions.

<h3>What is Semi-periphery countries?</h3>
  • According to world-systems theory, the industrialising, primarily capitalist countries that are situated halfway between the periphery and the core countries are the semi-periphery countries, also known as merely the semi-periphery.
  • Semi-periphery countries are frequently situated physically between core and peripheral regions as well as between two or more competing core regions.
  • They have organisational traits with both core countries and periphery countries.
<h3>What do you mean by semi-peripheral regions?</h3>
  • Semi-peripheral areas in world systems theory are those that are situated halfway between the core and the peripheral.
  • The organisational structure of these nations or areas is made up of both core and peripheral nations, and they are frequently situated geographically between two or more core nations.

Learn more about Semi-periphery countries here:

brainly.com/question/16191479

#SPJ4

5 0
2 years ago
The following events occurred for Favata Company: a. Received $10,000 cash from owners and issued stock to them. b. Borrowed $7,
Marina86 [1]

Answer:

(a)

Increase in Cash of $10,000 and Increase in Common Stock account of $10,000

Asset increases by $10,000; Owner's equity increases by $10,000. Accounting equation remains in balance.

(b)

Increase in Cash of $7,000 and Increase in Short-term Note Payable account of $7,000

Asset increases by $7,000; Liability increases by $7,000. Accounting equation remains in balance.

(c)

Increase in Fixed Asset of $800 and Increase in Account Payable account of $800

Asset increases by $800; Liability increases by $800. Accounting equation remains in balance.

(d)

Increase in Fixed Asset of $12,000, Decrease in Cash of $1,000 and Increase in Long-term Note Payable account of $11,000

Asset increases by $11,000; Liability increases by $11,000. Accounting equation remains in balance.

(e)

Increase in Fixed asset of $3,000, Decrease in Cash of $1,000 and Increase in Account Payable account of $2,000

Asset increases by $2,000; Liability increases by $2,000. Accounting equation remains in balance.

Explanation:

Explanation is given in Answer part

6 0
3 years ago
encourage outsourcing of production units. protect domestic producers by limiting foreign competition. lower the prices of impor
NARA [144]

Answer:

lower the prices of imported components

Explanation:

In simple words, Job outsourcing allows American businesses to compete more effectively in the international economy. It enables them to advertise to international markets through their abroad operations. They keep labor costs cheap by recruiting in developing countries with poorer living conditions.  As a result, the pricing of the items they send back to the United States are lower.

4 0
3 years ago
Question 2 (2 points)
astraxan [27]

Answer: being goal oriented

Explanation: A goal oriented individual may be referred to an individual with a strong aim and focus who will give his or her very best in other to achieve or attain his intended purpose or aim. A goal oriented individual will defy obstructions capable of hindering or standing in between her and her goal. Attaining one's desire or purpose requires very strong motivation which keeps one going in the face of tribulation or temptation and a strong organizational skill useful for attaining task specific needs at a specific time.

3 0
3 years ago
Other questions:
  • The Stewart Company has $2,392,500 in current assets and $1,076,625 in current liabilities. Its initial inventory level is $526,
    13·1 answer
  • (problem 13). margo's marginal utility of one dance lesson is 100 utils per lesson. her marginal utility of a new pair of dance
    14·1 answer
  • Soccer Wholesale purchased land and a warehouse for $990,000. In addition to the purchase price, Soccer Wholesale makes the foll
    10·1 answer
  • Why do his parents want joey and his girlfriend to wait a few years before starting a family
    6·1 answer
  • In both Gamma and Delta average labor productivity is $20,000 per worker per year. The population of Gamma is 200,000 and the po
    6·1 answer
  • Business behavior is derived in large part from the basic cultural environment in which the business operates and, as such, is s
    6·1 answer
  • When one party to a transaction has incentives to engage in activities detrimental to the other party, there exists a problem of
    7·1 answer
  • Jennifer Orgolini, the chief financial officer at New Belgium Brewery, explains that the benefits and rewards associated with th
    6·1 answer
  • Sam, a third-grader, really likes to look for interesting bugs with other people during recess. Each of Sam's friends offers to
    14·1 answer
  • A chinese student pays tuition at a u.s. university. the chinese government classifies this transaction as?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!