Answer:
B) False
Explanation:
In a command economy, the government makes the fundamental economic choices such as what to produce and how to produce output.
The government also owns means of production.
I hope my answer helps you
Answer:
FV $4,594,590
Explanation:
The annuity which produce funds will start on the seventh year thereofre there will be 4 annual deposits at the beginning of each year.
We solve for the future value of an annuity-due of 4 year at 10% interest rate:
C 900,000.00
time 4
rate 0.1
FV $4,594,590
This is the amount accumualted at the end of the tenth year
.. huh and orange then me too and brown and green faking a red green brown
Answer:
1. Commercial banks
2. Life insurance companies
3. Mutual funds
Explanation:
commercial banks
The commercial bank is a financial institution that accepts deposits and offer other services such as giving loans and other basic financial services to both individuals and organisations.
Life insurance companies
The life insurance companies are financial institutions that provide lump sums otherwise known as death benefits to beneficiaries of their policy holders upon their demise, provided that premium is paid on regular basis.
Mutual fund
A Mutual Fund is an investment vehicle made up of a pool of funds collected from numerous investors for the purpose of investing in securities such as stocks, bonds, money market instruments and similar assets. Mutual Funds are operated by professional fund managers, who invest the fund's capital and attempt to produce capital gains and income for the investors.
One of the main advantages of Mutual Funds is they give small investors access to professionally managed, diversified portfolios of equities, bonds and other securities. Each shareholder, therefore, participates proportionally in the gain or loss of the fund.
