Answer: Keep your account open and you will earn more on Interest you've already earned
Explanation:
Since Tom's investment account at his bank has a compounding interest, the best advice that'll be offered to Tom is to keep the account open and he will earn more on Interest than what he has already earned.
It should be noted that compound interest makes ones money grow faster. The reason for this is due to the fact that the interest is calculated based on the accumulated interest that the individual has earned over time and the original principal.
Therefore, it isn't advisable for Tom to withdraw his money or ask the bank to compound the interest less frequently but rather, he should keep the account open as he'll earn more interest.
I guess the correct answer is 3%
During a recent hurricane, 25 individuals of the same butterfly species were blown onto a barrier island in southern Florida. During the first year, 80 caterpillars hatched from eggs laid by the butterflies and only 5 individuals in the population died.
The growth rate for the population during this period is 3%.
Effective sales promotion activities target dealers and customers.
<h3>What is an effective sales promotion?</h3>
Sales promotion are all the activities and methods undertaken by a producer to increase sales of its products to the users or marketers of the products. The users of a product include customers and dealers are the marketers of the product. An effective sales promotion has to target both parties.
To learn more about business promotion, please check: brainly.com/question/1421217
#SPJ1
Answer:
Advocates of the efficient market is of the belief that information that is made available publicly is usually reflected in security prices and thus adjustments in price to new information will occur swiftly. Hence, under the EMH, there are no guarantees on the prices of the stock market and thus no investment rules that can bring superior returns. In this light, investors would rather not deviate from the market index.
On the other hand, advocates of behavioral finance is of the belief that biases in behavior is capable of causing stock market prices to be inefficient. Hence making the investors to believe that a deviation from the market portfolio would be advantageous although the level of risk may be high.
Explanation:
Option B
Brian could be considered frictionally unemployed.
<h3><u>
Explanation:</u></h3>
Workers dropping their jobs or fresh workers enrolling the workforce both append to frictional unemployment. Frictional unemployment usually transpires even in a developing, solid economy. The frictional unemployment rate is determined by dealing with the workers actively seeing jobs by the total labor force.
Frictional unemployment is advantageous to an economy since it's a sign that individuals are attempting more desirable states. Frictional unemployment can be conquered by suddenly rivaling proposed job seekers with job opportunities. Frictional unemployment isn't devastating to economics.
