Answer:
Explanation:
Investment is an act of setting some amount side to grow and accumulate in the nearest future .. Investment is quite different from savings so Higher interest rate on investment is very important because tends to act as an aiding factor in letting such investment yield a lot of profit and grow.
While loan on the other hand is debt borrowed that has not been paid back, people lend money for so many reasons and they do this because they don't enough capital so they source for external fund, but in the situation where interest rate accrued on loan is high, then it will be difficult for such individual to pay back because this will increase the money that has to be paid back.
Answer:
Dr Cash 4,116
Dr Sales discounts 84
Cr Accounts receivable 4,200
Explanation:
Vander Company Journal entry
Dr Cash 4,116
(4,200-82)
Dr Sales discounts 84
Cr Accounts receivable 4,200
Calculation of Sales discounts
4,200*2%
=84
Merchandise
(4,600-400)
=4,200
Answer:
Convert the bonds into 20 common stocks.
Explanation:
the investor has 3 options:
- sell the bond at $1,000 x 1.005 = $1,005
- sell the bond to the corporation at $1,000 + $10 = $1,010
- convert the bond into 20 common stocks = 20 x $51 = $1,020
the option that yields the highest return is to convert the bonds into common stocks.
Answer:
The correct answer is letter "A": are shortcuts that save time and energy in decision making.
Explanation:
Heuristics is a practical technique for problem-solving. It is creative at the moment of taking decisions and can be applied to any matter of study. Sometimes heuristics are emotionally-based but in some other cases, it is knowledge-influenced. <em>While heuristics can save an individual's time and energy it could not lead them to make the best choice.</em>
Answer:
D participating unit investment trust
Explanation:
A variable annuity is a contract between you and an insurance company. It serves as an investment account that may grow on a tax-deferred basis and includes certain insurance features, such as the ability to turn your account into a stream of periodic payments. You purchase a variable annuity contract by making either a single purchase payment or a series of purchase payments.
A variable annuity offers a range of investment options. The value of your contract will vary depending on the performance of the investment options you choose. The investment options for a variable annuity are typically mutual funds that invest in stocks, bonds, money market instruments, or some combination of the three.
