Answer:
True
Explanation: If you have overdraft protection your account
Answer:
communicating effectively with an unsophisticated customer in an understandable manner to assess financial goals and risk tolerance
Explanation:
The new customer who has accumulated $124,000 in his company's 401(k) plan wants to rollover his funds with a brokerage firm.
However he only invested in a growth mutual fund.
This is a scenario that could lead to total loss for the customer if the growth mutual fund fails. A better approach would have been to invest in more than one option.
The first action should be to communicate effectively with the unsophisticated customer in an understandable manner to assess financial goals and risk tolerance.
Based on his Prefered objectives an investment plan can be recommended for him
Answer:
1.33
Explanation:
Cross price elasticity of demand measures the responsiveness of quantity demanded of good A to changes in price of good B.
Cross price elasticity = percentage change in quantity demanded of good F / percentage change in price of good E
12% / 9% = 1.33
I hope my answer helps you
Answer:
D. Small Business Administration.
Explanation:
The Small Business Administration (SBA) is an agency of the federal government that offers both managerial and financial assistance to small businesses. SBA was established in 1953 as an autonomous or independent agency of the government of the United States of America. Generally, it is saddled with the responsibility of providing both managerial and financial assistance and counseling to small businesses in order to bolster the American economy.
The small business administration (SBA) serves as an intermediary between entrepreneurs and investors or creditors, in order to provide them with the necessary funds required to plan, start and grow their business.
<em>Basically, SBA provides services such as entrepreneurial development, access to funds, advocacy and contracting to small businesses (entrepreneurs) in the United States of America. </em>
Answer:
the annual rate of return is 15.24%
Explanation:
The computation of the annual rate of return is shown below:
Given that
NPER = 5
PV = -$15,000
PMT = $4,500
FV = $0
The formula is shown below:
= RATE(NPER,PMT,-PV,FV,TYPE)
AFter applying the above formula, the annual rate of return is 15.24%
