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AlexFokin [52]
3 years ago
8

You want to have $1 million in your savings account when you retire. You plan on investing a single lump sum today to fund this

goal. You are planning on investing in an account which will pay 7.5 percent annual interest. Which of the following will reduce the amount that you must deposit today if you are to have your desired $1 million on the day you retire? I. Invest in a different account paying a higher rate of interest. II. Invest in a different account paying a lower rate of interest. III. Retire later. IV. Retire sooner.
Business
1 answer:
Karo-lina-s [1.5K]3 years ago
7 0

Answer:bruh

Explanation:

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Which of the following actions would the Federal Reserve most likely take to rein in spiraling inflation?
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Rohit, an Indian, is a marketing executive in an American company. He graduated from a top Ivy League university in the United S
Bogdan [553]

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3 0
3 years ago
A registered representative has left a firm and joined another. The new firm must obtain a copy of the form u-5 filled out by th
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A firm is a for-income enterprise, commonly fashioned as a partnership that offers expert services, which include legal or accounting services. The concept of the firm posits that companies exist to maximize profits.

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An individual who provides services to your business, but is not an employee is considered
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independent contractor

I hope it helps.

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