Answer:
The function to be used in excel represents the discount of an item expressed in dollars, with an original price of x dollars, is as below:
=if(x<$20,10%*x,if(x>$75,25%*x,20%*x)
in which
- 10%*x is discount of any items with original price is less than $20
- 20%*x is discount of any items with original price is greater than or equal to $20 but less than or equal to $75) is 20% discounted
- 25%*x is discount of any items with original price is greater than $75
Explanation:
We define easy conditions first, then the most complicated at the end
- An item is discounted: 10% if x is less than $20
- An item is discounted 25% if x is greater than $75
- The rest which not any of above ( greater than or equal to $20 but less than or equal to $75) is 20% discounted)
Answer: d. national saving.
Explanation:
In a closed economy, GDP is calculated by adding Consumption, Investment and Government purchases. The investment in this instance can be thought of as National Saving.
National saving is the difference between the income in the country and the consumption and government purchases. It represent what households and the government save up from their income sources which can be used for investment.
The countries involved in the Marshall Plan were mostly United Kingdom and France, however, 18 more countries were helped including Portugal, Turkey, Italy, Austria, Western Germany, the Scandinavian countries, and many more including even countries from Asia, but their plan was called differently and didn't fall directly under the Marshall Plan.
Answer:
The correct answer is B. non-exempt security under the Securities Act of 1933 because the purchaser bears the investment risk
Explanation:
With a variable annuity, the annuity funds are invested in securities such as bond funds or equity funds. In these cases, the performance of the funds will define the performance of the annuity money and how much the annuity owner will receive from it. In this case, in the variable annuities there is a certain investment risk that everyone must determine when investing their money. In summary, the amount of risk that everyone is in a position to adopt will determine the amount of acceptable risk and therefore what type of funds will be selected for the investment.
It is possible to consider using a variable annuity for those who:
- They feel comfortable with stock market fluctuations and are willing to accept them in exchange for a greater return to inflation for a longer period of time.
- They are young people who seek to plan for retirement by taking advantage of the long-term stock market.
