Answer: D
Explanation: it is advisable to use government benefits as an important source of income prior to retirement. Since income will no longer flow like before during the retirement period, government benefit and other allowance remain as the source of income for especially in a situation where there is no other private source of income.
Answer:
C. The present value of cash flows in Investment A is higher than the present value of cash flows in Investment B.
Explanation:
Typically, discount rate represents cost of capital or funds used to finance the investment. This implies that the higher the cost of capital , the lower the present value of cash inflow on the investment and vice-versa.
Hence, the present value of cash flows in Investment A is higher than the present value of cash flows in Investment B, because A has a lower discount rate.
Because sometimes the check written after the statement closing dates.
Lets say a company do a closing statement on December 26.
A check written between that date until the end of period ( December 26 - December 31), that transaction simply won't appear on the book because the company already closed the statement on December 26
Answer:
Explanation:
regulates the flow of traffic entering freeways according to current traffic conditions.
C. increase in the interest rate
