Answer: the correct answer is b. $ 3,883.27
Explanation: the formula of compound interest is Cn = C1 (1 + i) elevated to "n" where Cn is capital plus accumulated interest, C1 is the original capital, i is the interest rate, and n is the number of years. So the calculation is:
Cn = $100 * ( 1 + 0.05) elevated to 75
Cn = $100 * 38.8326
Cn = $3,883.27
Answer:
Cash accounts. The traditional brokerage account is a cash account, which also is known as a Type 1 account. ...
Margin accounts. You don't have to have as much cash on hand to buy stock when you open a margin account. ...
Options. ...
IRAs and other retirement accounts.
Explanation:
Answer:
The correct answer is variable expense will also be eliminated of the segment which got eliminated.
Explanation:
The segment in the business which is not profitable anymore, then that segment would be eliminated or removed, which will result in net income will always increase or rise. And the variable costs of that eliminated segment will be absorbed through other segments or will be eliminated.
Though the segment is removed, the fixed costs which is allocated to the segment will be covered still.
So, when the segment is eliminated, then the variable expense of that segment would be eliminated.