Answer:
Image result for What does the rule of 72 tell us? What is the formula used? Amy heard Dave Ramsey say that she could expect an average of 12% returns when she invests in mutual funds. Amy has $10,000 to invest. How long will it take Amy’s investment to double?
Divide 72 by the interest rate on the investment you're looking at. The number you get is the number of years it will take until your investment doubles itself.
Explanation:
They exist independently of the audit of financial statements, whereas detection risk relates to the auditor's procedures and can be changed at his or her discretion. Detection risk should bear an inverse relationship to inherent and control risk.
Answer:
A diversified portfolio of securities offers lower risk than a portfolio with investments that are concentrated in a few stocks or industries TRUE, A DIVERSIFIED PORTFOLIO WILL REDUCE RISK THROUGH DIVERSIFICATION, WHILE CONCENTRATION OF A FEW STOCKS INCREASES RISK.
the other statements are false:
- Insurance companies can be both "buy side" and "sell side" institutions. FALSE
- Investment banks fund their assets primarily by selling shares FALSE
- Commercial banks intermediate between Investors and Markets FALSE
- Investment banks have higher assets under management than Mutual Funds FALSE
Answer:
<em>B. demand for Apple computers decreases.</em>
Explanation:
If two things are substitute of each and other, that generally in simple words means either this or this. As we can see in the statements that has been provided in the question that Dell and Apple computers are substitute of each other, <em>so if the amount from Dell computer decreases then the demand of the computers made by Apple company will absolutely decrease. </em>
Because two devices which carries almost same qualities and features are also substitute of each other, i<em>f price of one device from the both substitutes will decrease, everyone will rush to buy the device with low price and the device with high price will get less popular among the consumers.</em> So, this is the reason which says OPTION(B) is the correct answer.
Answer:
D) Anagreement with the local Native Americans is the correct option.
Explanation:
The Plymouth colonists acted on the behalf of the King James First allied with the chief of Wampanoags. By the treaty, both parties agreed not to hurt one another. It was the first treaty signed between the native Americans and the colonists. As per the treaty, if any Wampanoag violated the treaty, he would be sent to Plymouth as punishment. and if a colonist broke the punishment he would be sent to the Wampanoags. The treaty was signed in 1621 and lasted for 50 years.
