According to conventional wisdom regarding asset allocation by age, you should hold a proportion of stocks equal to 100 minus your age. Therefore, if you are 40 years old, 60% of your portfolio should consist of equity. Criteria might be better changed to 110 minus your age or 120 minus your age because life expectancy increasing.
By deducting your present age from 100, you can utilize rule of thumb to determine your asset allocation. It implies that as you get older, you should shift away from equity funds and toward debt funds and fixed income assets in your asset allocation.
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I feel that economic would be the one that makes sense to me could be wrong though hope this helps
<u>Given:</u>
Loan amount = $250000
Interest rate = 5.5%
Interest payment = $2042.71
<u>To find:</u>
Total amount of interest
<u>Solution:</u>
The total number of months in 15 years = 
Total monthly payments will be 
So, the total pay-backs will be $3,67,687.8
Total interest paid will be as follows,

On plugging-in the values in the above formula we get,

Therefore, the total amount of interest that the borrower will pay over the course of the loan is $1,17,687.80.
<span>If
the friend sues Mary, the court most likely will not require Mary to do
anything because this was a gift promise. In order for a gift promise to be
enforceable by the law, it should be a contract. And in order for it to be a
contract, there should be a consideration received by Mary but in this case, no
consideration was received by Mary therefore, the promise is unenforceable.</span>
Answer:
the answer is: B) improve productivity by reducing turnover.
Explanation:
The efficiency weigh theory states that when employers increase their employees' wages above average market wages, they will earn higher profits due to:
- An increase in labor productivity since the employees are very motivated to work in the company and employee turnover decreases.
- The increase in labor productivity and the decrease in employee turnover will offset the increase in costs due to higher wages.