1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
masha68 [24]
3 years ago
8

A family wishes to save for future college expenses. Which financial tool should the family invest in?

Business
1 answer:
emmainna [20.7K]3 years ago
8 0

Answer:

529 Plan

Explanation:

A 529 plan is a tax-advantaged savings plan designed to encourage saving for future education costs.

You might be interested in
Creating a chant that rhymes to remember information is a memorization technique.
jolli1 [7]

Answer:

OT

Explanation:

BECAUSE I AM SMART AND BECAUSE I TOOK THAT SAME CLASS

6 0
2 years ago
As the chief financial officer (CFO), you identify that your firm needs to raise additional funds by selling new shares of stock
const2013 [10]

Answer:A) an investment banker

Explanation: An investment banker is an individual who often works as part of a financial institution and is primarily concerned with raising capital for corporations, governments, or other entities.

3 0
3 years ago
Booker Petroleum Refiners (BPR) has an issue of 8-year, 11% annual coupon bonds outstanding. The bonds, which were originally is
Rzqust [24]

Answer:

$1,238.85

Explanation:

In this question, we use the present value formula which is shown in the spreadsheet.  

The NPER represents the time period.

Given that,  

Future value = $1,000

Rate of interest = 7%

NPER = 8 years

PMT = $1,000 × 11% = $110

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after solving this, the answer would be $1,238.85

8 0
3 years ago
An individual buys stock at $40 per share. Many years later, the individual dies when the market value is $60. The estate distri
marissa [1.9K]

Answer:

$60

Explanation:

An individual buys stock at $40 per share. Many years later, the individual dies when the market value is $60. The estate distributes the shares to a beneficiary when the stock is worth $70. Therefore the cost basis to the beneficiary is

The cost basis by definition is usually equal to the fair market value of the property or asset at the time of the decedent's death or when the actual transfer of assets was made.

However for the purpose to be served to reduce the tax due on the inheritance, we have chosen to opt for the fair market value of the property or asset at the time of the decedent's death which is $60

3 0
3 years ago
The necessity of marketing and advertising for any business
tekilochka [14]

Answer:

Marketing is important because it helps you sell your products or services, by advertising your business you are showing more people about it

Explanation:

4 0
2 years ago
Other questions:
  • Item 8Item 8 Rick’s Cafe is a new restaurant in town. It has Rick, (the owner), five waitstaff, two cooks, a busboy, and a hoste
    15·1 answer
  • Categories of expenditures
    13·1 answer
  • Selling inventory costing $93,000 for a selling price of $111,000 to customers on account (to be received at a later date) would
    11·1 answer
  • The balance in the j.​ higgins, withdrawals account was. the entry to close the account would include​ a:
    11·1 answer
  • If you are trying to move your audience to do something, you should choose which organizational style?
    13·1 answer
  • A person has a comparative advantage in activity X when that person's: O opportunity cost of performing that activity is very hi
    14·1 answer
  • Beth is a transcriptionist, earning $12.00 an hour and Beth averages 1000 lines of transcription per day. What is the unit cost
    7·1 answer
  • Henry David Thoreau believed that a. economic independence was essential for freedom. b. government was the ultimate expression
    13·1 answer
  • To measure the trends of the market area, the appraiser must ask questions about ______________________.
    13·1 answer
  • barry is a business owner who sells high quality drones with hd cameras for personal use. in an effort to improve his skills in
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!