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Ksenya-84 [330]
3 years ago
7

Laurent saves money from his lawn service to buy a new $20,000 mower and trailer. He would like to buy the new equipment as soon

as possible but only has $12,000 in his simple interest savings account. To reach his goal sooner, Laurent should:
A. Keep his money where it is and be patient
B. Move his money to an IRA or Certificate of Deposit
C. Move his money to a compound interest account
D. Move his money to a business checking account
Business
1 answer:
ANTONII [103]3 years ago
5 0

Answer:

C. Move his money to a compound interest account

Explanation:

Laurent could earn enough interest to reach her goal of $20,000 much faster in a compound interest account, than in his simple interest account.

Ideally, he should try to look for an account that compounds interest monthly, or even daily, because the point of compound interest is to capitlize interests as frequently as possible.

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Assume that over the past 88 years, u. S. Treasury bills had an average return of 3. 5 percent as compared to 6. 1 percent on lo
zheka24 [161]

The average nominal risk premium on the long-term government bonds was 2.6 percent.

A risk premium is the expected investment return on an asset that is higher than the risk-free rate of return. The risk premium on an asset is a form of compensation for investors. It compensates investors for tolerating the additional risk in a given investment over that of a risk-free asset. Subtracting the return on risk-free investment from the return on investment yields the risk premium.

The nominal risk premium is:

Nominal Risk-Free Rate - Inflation Premium = Real Risk-Free Rate. Nominal rates are the rates we encounter on a daily basis, such as interest rates from banks and other financial institutions.

Nominal risk premium = 6.1 % -3.5 %

= 2.6%.

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8 0
2 years ago
A company's horizontal scope refers to Multiple choice question. the extent to which the company participates in the various act
Gekata [30.6K]

Answer:

the various product and services that it offers.

Explanation:

Horizontal scope or integration can be regarded as process that involves increasing of production of goods or services , and this increase reflect at the same part of all supply chain

by a company . This can be done by

a company merger, internal expansion or acquisition. This process can result into if vast majority of the market for that particular product/ service is been captured by the company.

It should be noted company's horizontal scope refers to the various product and services that it offers.

5 0
3 years ago
Paolo is always coming up with new ideas and seeking funding to explore them. He sees opportunities in the marketplace and wants
frozen [14]

Answer:

Letter C is correct.<u> Proactive.</u>

Explanation:

In this case, it can be said that Paolo has a proactive personality.

This personality trait is highly valued in the business world. Usually a person with a proactive personality has a very positive business outlook.

They can stand out as entrepreneurs, for being able to anticipate a consumer need and achieve business success. It also has a chance to gain prominence in the corporate environment, due to the effort of planning and executing new tasks and ideas and the possibility of anticipating negative situations and creating opportunities.

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4 years ago
A(n) ________ is an internet business model that sells products directly to consumers or to individual businesses.
telo118 [61]

Answer:

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found this site to help me with my problems

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2 years ago
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jolli1 [7]

Answer:

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Explanation:

kasi lahat Ng mga Tao soon ay Hindi nag aaway

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3 years ago
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