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mamaluj [8]
2 years ago
14

Holly deposited $7,000 in a CD and will get charged penalties if she makes withdrawals within five years. However, she will need

this money to pay for college tuition next year. What saving and investing principle should Holly have followed?
Understand your risk tolerance.
Diversify.
Keep investments simple.
Consider how long you plan to keep your money in the investment.
Business
1 answer:
storchak [24]2 years ago
5 0

Answer:

Consider how long you plan to keep your money in the investment.

if this isn't the answer i do apologize

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The Utah Mining Corporation is set to open a gold mine near Provo, Utah. According to the treasurer, Monty Goldstein, "This is a
Alik [6]

Answer:

IRR = 13.05%

Explanation:

using an excel spreadsheet, the cash flows are:

year 0 = -$3,200,000

year 1 = $425,000

year 2 = $425,000 x 1.08 = $459,000

year 3 = $459,000  x 1.08 = $495,720

year 4 = $535,378

year 5 = $578,208

year 6 = $624,464

year 7 = $674,422

year 8 = $728,375

year 9 = $786,645

year 10 = $849,577

year 11 = ($849,577  x 1.08) - $480,000 = $917,543 - $480,000 = $437,543  

IRR = 13.05%

The internal rate of return (IRR) is the discount rate at which a project's NPV (net present value) would equal $0.

6 0
3 years ago
A​ firm's operating cash flow​ (OCF) is defined as​ ________. A. gross profit minus operating expenses B. EBIT times one minus t
Sloan [31]

Answer:

B. EBIT times one minus the tax rate plus depreciation

Explanation:

The formula to calculate the operating cash flow is given below:

Operating cash flow = EBIT + Depreciation expenses - Income tax expense

The EBIT stands for earning before interest and taxes

And, EBIT - income tax expense = Earning after taxes (EAT)

The operating cash flow is the amount which is left after paying all the expenses related to cash

6 0
3 years ago
GI Designs, a copper furniture manufacturer, increased the price on its copper tabletops by 20 percent for three months to see w
romanna [79]

Answer:

The correct answer is letter "C": independent variable.

Explanation:

Independent variables are propositions in a study which effects help to analyze certain behavior of a dependent variable. The dependent variable does not change but the independent variables do. There may be more than one independent variable for only one dependent variable.

In the case, <em>the dependent variable is the change in sales at GO designs while the independent variable is the price increase.</em>

3 0
2 years ago
After six months with the company, betty's performance was evaluated by a graphic rating form. the ratings for each statement we
erik [133]
The correct answer that would best complete the given statement above would be option 1. objective. Based on the given situation above about how Betty's performance was evaluated, Betty experienced an objective appraisal method. It is objective since it is based on graphic rating forms. Hope this answer helps.
6 0
3 years ago
What is 5 x + 3 + 3x
elena-s [515]
5x + 3 + 3x = 8x + 3
7 0
3 years ago
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