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Olegator [25]
4 years ago
6

Sundry Credit

Business
1 answer:
charle [14.2K]4 years ago
8 0
Not really sure what your asking for this because there’s no question
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Your cousin is currently 9 years old. She will be going to college in 9 years. Your aunt and uncle would like to have $ 100 comm
yawa3891 [41]

Answer:

They need to put into the account a total of $67,290 to ensure that they will have $ 100,000 in 9 ​years.

Explanation:

We have to calculate the present value of the sum needed in 9 years ($100,000), with a annual fixed interest rate of 4.5%.

This can be calculated as:

PV=FV/(1+i)^n\\\\PV=100,000/(1.045)^9\\\\PV=100,000/1.486\\\\PV=67,290

They need to put into the account a total of $67,290 to ensure that they will have $ 100,000 in 9 ​years.

7 0
3 years ago
One of the major purpose of a pre-trial hearing is to
Contact [7]

The purpose is to resolve some of the legal issues before the trial begins.

7 0
3 years ago
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Most investors are risk-averse, which means they:
DochEvi [55]

Answer:

"Require an increase in return for any increase in risk"

Explanation:

A risk-averse investor would not consider the choice to risk $1,000 loss with the possibility of making $50 gain to be the same risk as a choice to risk only $100 to make the same $50 gain.

A risk-averse individual has a low risk tolerance or a high risk aversion. These conservative investors are willing to accept little to no volatility in their investment portfolios. Investors who are looking for "safer" investments typically invest in savings accounts, bonds, dividend growth stocks and certificates of deposit (CDs).

5 0
3 years ago
When developing a claim message, you should
ikadub [295]

Answer:

The right option is (B)

Explanation:

The most significant component for composing claim message is that each issue must be depicted in detail, and each record of the issue must be written. Before completion of the message, it is imperative to indicate what you need and what steps are required to mitigate the problem. Mentioning the issue and presenting remedial solutions are critical while developing a claim message.

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3 years ago
Can you guys help me????<br>Click the picture to answer my problems <br>Please help !!​
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