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2 years ago

12

Which savings plan typically offers the highest rate of interest but the least flexibility?

2 answers:

Dmitriy789 [7]2 years ago

7 0

The answer to this question is A

ss7ja [257]2 years ago

4 0

The answer to this question is A

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I wouldn't say anything to them. (Unless they say something to me)

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Most employees who use flextime prefer to work independently of others. In order to accommodate this preference, businesses perm

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1 year ago

You wish to buy a cabin in 15 years. TODAY, the cabin costs $150,000. You believe the price of the cabin will inflate at 4% annu

vfiekz [6]

Answer:

I will need to invest 64,669.73 dollars now.

Explanation:

We will calcualte the future value of the cabin considering the inflation:

$Principal \: (1+ inflation )^{time} = Amount$

Principal 150,000.00

time 15 years

inflation 0.04000

$150000 \: (1+ 0.04)^{15} = Amount$

Amount 270,141.53

Then we calculate the present value of the lump sum at 15 years discounted at 10% which is the yield of the funds

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 270,141.53

time 15 years

rate 0.10

$\frac{270141.53}{(1 + 0.1)^{15} } = PV$

PV 64,669.73

we would need to deposit 64,669.73 today to get enough cash to purchase the bcabin in 15 years.

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2 years ago

Identify two possible reasons for unemployment

Vladimir79 [104]

Answer:

Frictional unemployment. This is unemployment caused by the time people take to move between jobs, e.g. graduates or people changing jobs. ...

Structural unemployment

Explanation:

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2 years ago

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