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Aliun [14]
3 years ago
13

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:
beks73 [17]3 years ago
6 0

Answer:

fixed deferred annuity

Explanation:

The best recommendation for such an individual would be a fixed deferred annuity. This is a form of investment in which your money is locked in a guaranteed interest rate for an initial period of time, after which the interest rates may fluctuate but you are still guaranteed a minimum rate, regardless of the market conditions. This provides you an income on your capital while still maintaining your initial capital investment safe.

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Many locations require that renters be paid interest on their security deposits. If you have a security deposit of $3,600, how m
Veseljchak [2.6K]

Answer:

So you should expect to receive $108 in interest per year

Explanation:

If you put money on security deposit, it is still your money and you should receive interest for it like when you put money on a bank deposit.

For a $3,600 deposit with 3 percent per year interest, the interest you should be paid would be:

3,600 * 0.03 = $108

4 0
3 years ago
olga fjord sells computers. she earns a 4.5% commission on sales. how much must she sell in order to earn $9000
photoshop1234 [79]
Let x=amount ($) in sales 

then 

.045x= 9000
x= 9000/.045
x=$200,000
4 0
4 years ago
Interim financial statements: are always prepared before any adjustments have been recorded. show the assets above the liabiliti
prisoha [69]

Answer:

cover less than one year, usually spanning one-, three-, or six-month periods

Explanation:

Interim financial statements: Interim financial statements are those statements that are prepared for less than one year. It can be made monthly, quarterly, half-yearly or yearly. But its duration is less than one year. It is used to give updated information which can change the investor's decision in a future period.  

It includes all types of statements like balance sheet, income statement, cash flow statement. These statements are not audited and mostly it is prepared in publicly held companies.

4 0
3 years ago
Outdoor Adventure, a company that designs and manufactures sportswear, focuses their marketing efforts on people who participate
fiasKO [112]

Answer:

psychographic factors to segment its market  

Explanation:

Psychographic segmentation -

It is the method ,  by which the customers are characterized according to the characteristics and personalities , is known as psychographic segmentation.

The method is adapted to increase the sale of a particular product , as the organisation focus on certain particular people and take care of the demand and needs .

Hence, the correct term according to the given scenario of the question is psychographic factors.

8 0
3 years ago
When needing to complete a currency exchange you should a _____
vampirchik [111]
I think you forgot to give the options along with the question. I am answering the question based on my knowledge and research. When needing to complete a currency exchange you should <span>contact a financial institution like a bank, </span><span>check online exchange rates and </span><span>go to a currency exchange store. I hope that the answer has come to your help.</span>
4 0
3 years ago
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