<span>Certificate of deposit (CD). A certificate of deposit is an investment vehicle whereby an investor's money is able to earn a higher rate of interest than a regular account. In this type of investment, the funds are 'locked in' for a predetermined period, often with a guaranteed rate of return. Some institutions allow investments as low as $100 but it is recommended to buy CDs of over $100,000 to $250,000 as this is the minimum amount that is insurable thus making the principle safe.</span>
Money's advantage over other financial assets is that it has less fluctuating value, is more accessible, no extra charges.
- Money's value don't fluctuate much with market unlike stocks , real estate etc hence it's more reliable.
- You can't trade anytime or instantly with other financial assets as they first need to be liquidated and liquidating funds from these assets can take from days to even months and years in some cases. Hence they're less accessible.
- There are many other taxes and charges in purchase and sell of other financial assets . eg- Brokerage charge in stocks , sales tax in selling of gold , capital gain tax on real estate.
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Answer:
horizontal; vertical
Explanation:
A merger is called horizontal if the company takes a competitor. This will result in the company taking the current market share of the competitor and widen its operational range, thus its called horizontal.
A merger will be called vertical if the company joins with the supplier or retailer. Its called vertical since the two businesses located at the different production stages (either on top or bottom). This will help them become more efficient in making or delivering their product, help them to decrease the cost of production.
Answer:
The correct answer is B
Explanation:
Framework of trust based relationship procedure is the one which is defined as an attitude which values the relationship over the transactions. It focus on what is right for the customer and builds the trust during the process of sales.
In this framework, sales person need to genuinely care about their clients or customer. So, in order to enhance the commitment of the customer, developing the customer relationships is the component needed or required of the framework.
I had to look for the options and here is my answer:
Based on the events given, the one that will most likely have the greatest impact on one's net worth after a month would be buying a new car that costs $15,000 but the value depreciates by 20% once the ownership is transferred. The depreciation of 20% is a lot if you would base this on the original value of the car.