There are several types of savings accounts available depending on how much access you will need to your money. The less access you have, usually the higher interest rate you will get. If someone doesn't need the money for several months, a certificate of deposit (CD) would be the best option. This is a longer term investment that restricts your access to the money for usually a period of several months to years.
I believe Jane can take the "IQ intelligence test" since it questions her knowledge and 'outside the box' situations of her job, as a participant.
Hope this helps :)
Lenny will generate $471,250 after-tax cash.
<h3>
What is an insurance policy?</h3>
- The insurance policy, which establishes the claims that the insurer is legally obligated to pay, is a contract between the insurer and the policyholder.
- The insurer guarantees to reimburse losses brought on by risks covered by the policy language in return for an upfront payment known as the premium.
<h3>What is a cash surrender value?</h3>
- If a policyholder or the owner of an annuity contract chooses to cancel their policy before it matures or an insured event occurs, the insurance company will give them the cash surrender value as compensation.
<h3>
Solution -</h3>
Money Lenny will get = $725,000.
Subtract the tax to find the money Lenny will get.
35% of 725,000 = $253,750.
Therefore, Lenny will generate $471,250 after-tax cash.
Know more about compensation here:
brainly.com/question/19646648
#SPJ4
Answer:
The answer is household selling a resource in the factor market which is the same thing as business buying resource in the factor market
Explanation:
Factor market is a market in which factors of production e.g land, capital, labor are bought and sold.
In the question above, Jim(household or labor) is working at a restaurant (firm or business). This means Jim is selling his resource(labor) in the factor market while the restaurant is buying the resource(labor) in the factor market.
Answer:
(d) $1.55≤VP(0)<$1.76
Explanation:
VP(0) =VC(0) +Ke-rT-FP0
T(S) =VC(0) +Ke-rT-S(0) +De-rt1+De-rt2
Using the formulae
= 3.20 + 35e-0.06/2-36.50 + 0.50e-0.06/4+ 0.50e-0.06/2
=1.64.
The priceVP(0) of a 6-month, $35.00 strike put option is 1.64
