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3 years ago

When deciding how to invest your money, which of the following is LEAST important to know?

2 answers:

8 0

<h2>The least important factor when you are investing money in the form of currency ( like big notes or small ) or method of deposit online or to offline office.</h2>

EXPLANATION

Investing money is a process of channeling the funds or capital in a business or for personal use.

This considered many factors like for business - what is a priority area needs funds or what interest a person going to make for the firm.

For a personal reason - it considered the specific amount and for what it is using to buy an asset or to pay off the liability of the individual's personality.

Conclusion-

Hence, it's the least considered factor on how to deposit the fund and dealing with which currency form small notes or big ones.

Learn from more here about the factors least important when you are investing money - https://brainly.in/question/4709561

Mumz [18]3 years ago

3 0

Answer:

Probably the least important thing to know is whether you can make online deposits or not.

Explanation:

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You are taking a $6,226 loan. You will pay it back in four equal amounts, paid every year, with the first payment occurs at the

Pavlova-9 [17]

Answer:

annual payment = $2,362.88

Explanation:

we must first calculate the future value of the loan at the end of year 4 = $6,226 x (1 + 11%)⁴ = $9,451.51

using the present value of an annuity formula we can determine the annual payment:

annual payment = present value of an annuity / PV annuity factor

present value of an annuity = $9,451.51
PV annuity factor 11%, 4 periods = 3.1024

annual payment = $9,451.51 / 3.1024 = $2,362.88

4 0

3 years ago

Karl opens a savings account with $2500. He deposits $1500 every year into the account that has a 0.75% interest rate, compounde

zhuklara [117]

Answer:

Total FV= $29,335.25

Explanation:

<u>First, we need to calculate the future value of the initial investment ($2,500) using the following formula:</u>

FV= PV*(1 + i)^n

PV= $2,500

i= 0.0075

n=10*12= 120 months

FV= 2,500*(1.0075^120)

FV= $6,128.39

<u>Now, the future value of the $1,500 annual deposit:</u>

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

We need to determine the effective annual rate:

Effective annual rate= (1.0075^12) - 1= 0.0938

FV= {1,500*[(1.0938^10) - 1]} / 0.0938

FV= $23,206.86

Total FV= $29,335.25

5 0

3 years ago

The Sarbanes-Oxley Act of 2002 (SOX) imposes stricter requirements over financial reporting and internal controls and stricter c

mario62 [17]

Answer:

True or False. TRUE

Explanation:

The law "Sarbanes-Oxley Law" aims to generate a framework of transparency for the activities and financial reports of publicly traded companies, and give greater certainty and confidence to investors.

3 0

4 years ago

Rachel is saving her entertainment money for a summer trip to Europe, but she wants to spend time with her friends this Saturday

Vanyuwa [196]

Answer:

I'd say B,

Explanation:

becuase you dont need any money to hike and she wants to save it.

3 0

3 years ago

You made an investment of $12,000 into an account that paid you an annual interest rate of 3.5 percent for the first 5 years and

Whitepunk [10]

Answer:

interest rate r = 6.78 %

Explanation:

given data

investment = $12,000

interest rate = 3.5 percent = 0.035

time = 5 year

interest rate = 7.9 percent = 0.079

time = next 15 year

to find out

What was your annual rate of return over the entire 20 years

solution

we get here interest rate as

interest rate r = $[(1+r)^{t1} * (1+r)^{t2}]^{\frac{1}{t1+t2}} - 1$ ...................1

here t1 is time period for first 5 year and t2 is time i.e next 15 year and r1 and r2 is rate

now put here value we get

interest rate r = $[(1+)^{t1} * (1+r)^{t2}]^{\frac{1}{t1+t2}} - 1$

interest rate r = $[(1+0.035)^{5} * (1+0.079)^{15}]^{\frac{1}{5+15}} - 1$

interest rate r = 1.0678 - 1

interest rate r = 0.0678

interest rate r = 6.78 %

4 0

3 years ago