Answer: $90
Explanation: This problem can be solved by using following equation :-
Let John's hourly wage rate be J, Mary's hourly wage rate be M and Dennis hourly wage rate be D, therefore :-
Mary's rate will be :-
M = 2J............equation 1
AND,
J + D = $60 ..... equation 2
Similarly,
D = 1/3J
Now,putting the value of D in equation 2 we get,
J + 1/3J = $60
J = $45
Putting the values of J in equation equation 1 we get,
M = 2 * $45
= $90
So, Mary's hourly wage rate is $90
Answer: SMA Balance $40000
Explanation:
the Special Memorandum Account(SMA) Balance will remain at $40000 (1000 x $40). The SMA Balance does not decrease when the market value of the security decrease
Answer:
Hahahahahahahha is it that much difficult
The answer is B)<span> Older persons nearing retirement and needing to know what their income will most likely be during retirement
Option D, would be wrong since without the means to have a financial planning assistant would not really be able to achieve much aside from probably saving some more money.
However, older people who are nearing retirement are probably at the top of their careers and have a lot of savings in cash, bongs, stocks and maybe even property.
It is these kinds of people who can get maximum benefit from proper financial planning.
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