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weeeeeb [17]
3 years ago
10

The Securities Investor Protection Corporation is a government agency charged with administering the liquidation of failed secur

ities firms to protect the interests of investors as much as possible. True False
Business
1 answer:
deff fn [24]3 years ago
4 0

Answer:

False

Explanation:

First of all, the Securities Investor Protection Corporation is not a government agency. The S.I.P.C was formed in 1970 under the Securities Investor Protection Act as a non-profit membership corporation.

In the unfortunate event that a securities firm fails (which is rather unlikely), the S.I.P.C steps in to help the investor. It can help by either transferring the accounts of the failed firm to a different firm or by liquidation.

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Javier is currently paying ​$1 comma 200 in interest on his credit cards annually.​ If, instead of paying​ interest, he saved th
Cloud [144]

Answer:

after 9 years:

FV $15,625.2437

in 14 years:

FV $31,223.0270

last, at the nineteenth year:

FV $55,222.1501

Explanation:

We have to solve for the annuity of 1,200 dollar with a yield of 9% at the proposed times:

C \times \frac{(1+r)^{time}-1 }{rate} = FV\\

C 1,200.00

time 9

rate 0.09

1200 \times \frac{(1+0.09)^{9} -1}{0.09} = FV\\

FV $15,625.2437

time = 14

1200 \times \frac{(1+0.09)^{14}-1 }{0.09} = FV\\

FV $31,223.0270

time = 19

1200 \times \frac{(1+0.09)^{19} -1}{0.09} = FV\\

FV $55,222.1501

8 0
3 years ago
A 65-year-old retiree wishes to convert the cash value of his insurance policy into an annuity. He can select an annuity that wi
insens350 [35]

Answer:

The annual difference between Option 1 (15 years) and Option 2 (20 years) is $7,211.19 in favor of the first one.

Explanation:

Giving the following information:

Option 1:

Number of years= 15

FV= 450,000

i= 0.0525

Option 2:

Number of years= 20

FV= 450,000

i= 0.0525

To calculate the annual cash flow, we will use the following formula on each option:

A= (FV*i)/{[(1+i)^n]-1}

A= annual cash flow

<u>Option 1:</u>

A= (450,000*0.0525) / [(1.0525^15) - 1]

A= $20,464.72

<u>Option 2:</u>

A= (450,000*0.0525) / [(1.0525^20) - 1]

A= $13,253.53

The annual difference between Option 1 (15 years) and Option 2 (20 years) is $7,211.19 in favor of the first one.

5 0
3 years ago
Which of these is an acceptable less hazardous method of cleaning than solvents?
Fantom [35]

Answer:

I believe it is A

Explanation:  Recommended Best Practices for Disposable Aerosol Cans. 44 ... Reactivity - A waste is reactive if it reacts violently with water, forms potentially ... K-Listed Wastes: These are hazardous wastes from specific processes, many of ... Appendix C. ... Aqueous clean- ers are less toxic than petroleum- based solvents.

4 0
3 years ago
Match each economic scenario with the correct economic term.
kkurt [141]

Answer:

The answer is:

1 - Underutilization

2 - Efficiency

3 - Unattainability

Explanation:

Efficiency in economics means a situation in which all resources are optimally distributed to serve each entity in the best way while minimizing waste and inefficiency.

Underutilization in economics is also a a situation in which lesser resources are being utilized than the economy is capable of utilizing.

Unattainability is a situation in which what one to accomplish or achieve is not possible.

1 - Underutilization

2 - Efficiency

3 - Unattainability

6 0
3 years ago
Hailey Corporation pays a constant $9.45 dividend on its stock. The company will maintain this dividend for the next 13 years an
Sloan [31]

Answer:

$64.76

Explanation:

The current share price can be determined by calculating the present value of the dividend

Present value is the sum of discounted cash flows

Present value can be calculated using a financial calculator

Cash flow from year 1 to 13 = 9.45

I = 10.7

PV = 64.76

To find the PV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

5 0
3 years ago
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