Mike's request shows that he does not demonstrate any enthusiasm towards his workplace, it also shows that he is irresponsible, which may have him end up being demoted or fired.
Hope it was correct! <span />
Answer:
The bonds are guaranteed as to principal and interest payments by the US government.
Explanation:
According to NASAA's Statement of Policy on Unethical or Dishonest Business Practices of Broker-Dealers and Agents, a broker can say US government bonds are guaranteed on principal and interest payments.
However if inflation sets in and interest rates rises there is no guarantee from the government that interest paid on the bonds will match the higher interest rate.
So legally this statement is correct, even though the investor can lose money as a result of higher interest rate in the future.
Answer: $152,309.69
Explanation:
You are looking for the future value of this amount in 29 years assuming it will be compounded annually.
Future value = Amount * (1 + rate)^ number of years
= 4,400 * ( 1 + 13%)²⁹
= $152,309.69
Answer:
I would invest the whole $1000 in AAPL,because y% gives zero return while x% gives $250 in return.
Explanation:
First and foremost we need to formulate equations based on the return percentages given:
when x%=5%
y=95%
0.05x+0.95y=$1000 eqn 1
when x%=80%
y=20%
0.8X+0.2y=$1000 eqn 2
multiply eqn 1 by 16 gives
0.8x+15.2y=$1000
0.8x+0.2y=$1000
deduct both equations
15y=0
y=0/15
y=0
substitute the value of y in eqn 2
0.8x+0.2y=$1000
0.8x+0.2(0)=1000
0.8x=1000
x=1000/8
x=$1250(interest plus principal)
interest =$250
principal=$1000
<span>The American Opportunity Credit is a tax credit that is offered on education expenses for eligible students that qualify. It is only applicable in the first four years that a student is attending a type of higher education and the maximum yearly credit caps out at $2500 per student who is eligible.</span>
